Convert between hourly, monthly, and yearly salary
Instantly convert your salary or wage between hourly, daily, weekly, bi-weekly, monthly, and yearly. Useful for job comparisons, freelance rate setting, and budgeting.
Salary negotiation, job comparisons, and freelance pricing all require converting between different pay periods. When one job offers $85,000/year and another offers $42/hour, which is better? When a client asks your day rate and you only know your annual salary, how do you respond quickly and accurately? This salary calculator converts any pay figure into all standard pay periods simultaneously โ hourly, daily, weekly, biweekly, monthly, quarterly, and annual โ based on your specified hours per day and days per week. It's the essential tool for anyone evaluating compensation across formats, setting consulting rates, or simply understanding what their salary translates to per hour.
Standard full-time in the US is 40 hours/week ร 52 weeks = 2,080 hours/year. After 10 federal holidays, it's about 2,000 hours. Some calculations use 2,087 hours for precision.
Divide your annual salary by 2,080 (for a standard 40-hour week). So $80,000 รท 2,080 = $38.46/hour. This calculator does this automatically for any figure you enter.
Always compare gross (pre-tax) salaries when evaluating job offers, as tax rates depend on your personal situation, location, and deductions. Use a separate tax calculator to estimate your take-home.
A common formula: (Annual target salary ร 2) รท 220 billable days. Doubling accounts for benefits, self-employment tax, unpaid time, and business expenses that employers normally cover.
Biweekly = every 2 weeks = 26 pay periods/year. Semi-monthly = twice a month = 24 pay periods/year. The per-paycheck amounts differ even at the same annual salary!