This salary calculator converts any wage into every common pay period. Enter an hourly rate, a daily rate, a weekly or monthly salary or an annual salary, and it shows the equivalent hourly, daily, weekly, biweekly, semi-monthly, monthly and yearly pay at once.
Because not everyone works 40 hours a week all year, you can set your hours per week, days per week and paid weeks per year, for example 37.5 hours, a four-day week, or 48 paid weeks for a contractor who takes unpaid holidays. It is handy for comparing job offers, freelance rates and part-time work. All amounts are gross, before tax.
How to use the Salary Calculator tool
- Enter your pay amount and choose the period it is paid per: hour, day, week, month or year.
- Set your hours per week and days per week.
- Set paid weeks per year: 52 for a salaried job with paid leave, fewer if time off is unpaid.
- Read the pay for every period in the table.
Why use ToolOrca Salary Calculator
- Converts between seven pay periods
- Custom hours per week and days per week
- Paid weeks per year for contractors
- Biweekly and semi-monthly paychecks
- Formula shown for each conversion
- Any currency symbol
How to convert hourly pay to salary
Yearly pay = hourly rate × hours per week × paid weeks per year. At $25 an hour, 40 hours a week and 52 weeks, that is 25 × 40 × 52 = $52,000 a year. Monthly pay is yearly ÷ 12 = $4,333.33, weekly pay is $1,000, biweekly pay is $2,000 and daily pay over a 5-day week is $200.
To go the other way, divide: a $60,000 salary over 2,080 working hours (40 × 52) is $28.85 an hour. A quick rule of thumb for a full-time job is to double the hourly rate and add three zeros: $20 an hour ≈ $40,000 a year (exactly $41,600).
Biweekly versus semi-monthly pay
Biweekly pay comes every two weeks, so there are 26 paychecks a year (and two months with three paydays). Semi-monthly pay comes twice a month, 24 paychecks a year. On a $52,000 salary a biweekly check is $2,000 and a semi-monthly check is $2,166.67, though the yearly total is the same. Figures are gross pay before income tax, social security and other deductions.
Frequently asked questions
How much is $20 an hour per year?
At 40 hours a week for 52 weeks, $41,600 a year, or about $3,466.67 a month before tax.
How much is $50,000 a year per hour?
50,000 ÷ 2,080 hours = $24.04 an hour for a 40-hour week with 52 paid weeks.
How many working hours are in a year?
A full-time 40-hour week over 52 weeks is 2,080 hours. With 37.5-hour weeks it is 1,950 hours.
Why is monthly pay not weekly pay × 4?
Months are longer than four weeks. A year has 52 weeks, so an average month has 52 ÷ 12 ≈ 4.33 weeks. $1,000 a week is $4,333 a month, not $4,000.
Does this include tax?
No. All figures are gross pay. Your take-home pay depends on your country’s income tax and deductions.