Salary & Wage Conversion Guide
A salary calculator converts hourly, weekly, monthly, and annual pay so you can compare offers and budget accurately. Add hours per week and paid weeks per year to get a clean, apples-to-apples figure.
What is Salary Calculator?
The salary calculator standardizes pay periods and optionally includes overtime, bonuses, and commissions to estimate total compensation. Pair it with the Tax and Budget tools for planning.
How to Use the Salary Calculator
- Enter hourly or annual rate plus hours/week and weeks/year.
- Calculate annual, monthly, biweekly, and weekly equivalents.
- (Optional) add overtime and bonuses to see total compensation.
- Use tax mode (if available) to estimate net pay.
- Compare offers on equal footing with consistent assumptions.
Formulas & Methods
- Annual from hourly:
Annual = Hourly * Hours_per_week * Weeks_per_year. - Monthly:
= Annual / 12; Biweekly:= Annual / 26; Weekly:= Annual / 52. - Overtime:
OT_pay = OT_hours * Hourly * multiplier. Add to annual. - Part-time: adjust hours/week accordingly.
Assumptions & limitations
- Gross-to-net depends on taxes, benefits, and pre-tax deductions; use Tax calculator for take-home.
- Some employers use semi-monthly (24) vs biweekly (26) pay cycles; choose the right divisor.
- Bonuses may be irregular; include typical amounts only.
Examples
Example A — Hourly to annual
$28/hr, 40 h/week, 52 w/yr -> 28*40*52 = $58,240/yr → $4,853/mo, $2,240/biweekly.
Example B — With overtime
$22/hr, 45 h/week with 5 h at 1.5x: Annual = 22*(40*52) + 22*1.5*(5*52) = $47,840 + $8,580 = $56,420.
| Period | Amount | |---|---:| | Hourly | $28.00 | | Weekly | $1,120 | | Biweekly | $2,240 | | Monthly | $4,853 | | Annual | $58,240 |
Pro Tips & Best Practices
- Confirm paid weeks and overtime rules before comparing offers.
- Include benefits (health, retirement match) as part of total compensation.
- Use net pay for budgeting; gross can mislead.
- Revisit after raises or role changes to keep budgets aligned.
Related Calculators
FAQ
Q: How do I convert hourly to annual salary?
A: Multiply hourly rate by hours per week and weeks per year: Annual = Hourly * Hours/week * Weeks/year.
Q: What about monthly or biweekly pay?
A: Divide annual by 12 for monthly, or by 26 for biweekly (or 24 semi-monthly).
Q: How do taxes affect take-home?
A: Use the tax calculator for estimates; net pay depends on allowances, benefits, and location.
Q: What if I work overtime?
A: Add overtime hours at the applicable multiplier (e.g., 1.5x) to increase gross pay.
Q: How many working weeks should I use?
A: Common assumptions are 52 weeks, or 50 weeks to allow for two weeks unpaid time; adjust to your contract.
Compliance note: This article is for information only and not financial advice.
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Convert hourly, weekly, monthly, and annual pay in seconds—add overtime and bonuses to see your full earnings picture.