Salary Calculator
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What Your Result Means
- Annual: Your total gross pay for the year. This is the number typically cited in job offers and used for tax filing. It assumes consistent pay across all periods with no unpaid time off.
- Monthly: Annual pay divided by 12. Useful for budgeting fixed monthly expenses like rent, loans, and subscriptions.
- Biweekly: Annual divided by 26 pay periods. Note that biweekly pay results in two "extra" paychecks per year compared to semi-monthly, which some budgeters use for savings goals.
- Hourly: Annual divided by total working hours (hours/week × weeks/year). This is the effective hourly rate, useful for comparing salaried positions with hourly job offers.
How This Calculator Works
You enter a pay amount and select the period (annual, monthly, biweekly, weekly, daily, or hourly). The tool converts to an annual figure first, then divides into all other periods. Hours per week (default 40) and weeks per year (default 52) are customizable for part-time or contract work. All results are gross pay before any deductions.
Quick Questions
Why does biweekly use 26 periods instead of my custom weeks?
Biweekly pay is defined as every two weeks regardless of the calendar, which always results in 26 pay periods per year (52 ÷ 2). This is standard payroll practice and differs from semi-monthly (24 periods).
How do I convert an offer with benefits to an hourly rate?
Add the annual value of benefits (health insurance, retirement match, PTO) to the base salary before converting. For example, a $60,000 salary with $12,000 in benefits is effectively $72,000, or about $34.62/hour at 40 hours and 52 weeks.
What about overtime pay?
This calculator assumes straight-time pay. Overtime (typically 1.5× for hours over 40/week under the FLSA) is not included. If you regularly work overtime, your effective hourly rate from this tool will differ from your actual blended rate.
Is this before or after taxes?
All figures are gross (before tax). To estimate net take-home pay, use this tool in combination with the Paycheck Calculator, which applies federal, state, and FICA deductions.
Sources
- Bureau of Labor Statistics — Occupational Employment and Wage Statistics (wage data by occupation)
- U.S. Department of Labor — Fair Labor Standards Act (overtime rules, minimum wage, exempt vs. non-exempt)
Method & review
Estimate only. Results reflect your inputs and standard formulas — they are not financial, tax, legal, health, or investment advice. Verify important decisions with a qualified professional.