Salary Calculator

Convert an hourly wage to a yearly salary or back, across eight pay periods, with a second column adjusted for holidays and vacation days.

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About this tool

What is the Salary Calculator?

Type one pay figure, say what period it covers, and the Salary Calculator fills in every other period: hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly and annual. It is the quick way to answer "what is $25 an hour per year?" or "what does a $70,000 offer come to per hour?" without doing the 2,080-hour arithmetic in your head.

Two columns sit side by side. The unadjusted column assumes all 52 weeks are worked and paid, which is how job ads and most quick conversions are quoted. The adjusted column takes your holidays and vacation days out of the working year, which shows what an hourly worker actually earns when days off are unpaid, or what a salaried worker really earns per hour spent working.

Hours per week, days per week, holidays, vacation and the currency are all editable, results change as you type, and the Share button copies a link that reopens the same figures.

  • Eight pay periods converted at once
  • Unadjusted and holiday-and-vacation adjusted columns
  • Editable hours, days, holidays and vacation
  • Currency selector, copy and share link
  • Works in your browser with nothing sent to a server
Read the guide: Salary, Overtime and Raises: The Pay Maths Explained

How to use the Salary Calculator

  1. Enter a pay amount and choose the period it covers in the Per list, for example 50 per Hourly or 85,000 per Annual.
  2. Check Hours per week and Days per week. The hours per day used for daily figures is hours per week divided by days per week.
  3. Enter your holidays and vacation days per year. Set both to 0 if you only want the plain conversion.
  4. Read the table: the Unadjusted column is the straight conversion and the adjusted column removes your days off. Your input period is highlighted.
  5. Change the currency if you need a symbol other than the dollar, then use Copy result or Share link to keep the numbers.

Worked examples

$50 an hour to a yearly salary

Input

50 per hour, 40 h/week, 5 days/week, 10 holidays, 15 vacation days

Output

Unadjusted 104,000 a year (8,666.67 a month); adjusted 94,000 a year (7,833.33 a month)

50 x 2,080 hours = 104,000. If the 25 days off are unpaid, only 235 days x 8 hours = 1,880 hours are paid, which is 94,000. The gap of 10,000 is the value of those days off.

A $100,000 salary per hour worked

Input

100,000 per year with the same schedule

Output

Unadjusted 48.08 an hour; adjusted 53.19 an hour; bi-weekly 3,846.15

The salary is fixed, so the adjustment raises the hourly figure: 100,000 / 1,880 worked hours = 53.19. That is the number to compare against an hourly contract offer.

Part-time hours

Input

20 per hour, 24 h/week over 3 days, no holidays or vacation

Output

24,960 a year, 2,080 a month, 160 a day

The tool uses your hours, not a fixed 40, so part-time schedules convert correctly. Each day here is 8 hours.

Background and insight

The standard full-time year is 40 hours x 52 weeks = 2,080 hours, so an hourly rate times 2,080 gives the annual figure and an annual salary divided by 2,080 gives the hourly rate. Weekly pay is annual / 52, bi-weekly is annual / 26 (two weeks), semi-monthly is annual / 24 (the 15th and the last day of the month), monthly is annual / 12 and quarterly is annual / 4. Bi-weekly and semi-monthly are often confused: bi-weekly means 26 paychecks a year, semi-monthly means 24, so the semi-monthly check is larger.

The adjustment works in different directions depending on how you are paid. If you are paid by the hour or by the day, holidays and vacation are assumed unpaid, so the rate stays put and the yearly total drops. With the defaults of 10 holidays and 15 vacation days on a 5-day week, 260 scheduled days become 235 worked days. If you are salaried (weekly pay or longer), the salary stays the same and the effective hourly and daily rates rise, because the same money is earned in fewer hours.

All figures are gross pay before income tax, Social Security, pension contributions or other deductions. Converting to take-home pay needs your tax situation, which this calculator does not try to guess.

Common use cases

  • Comparing job offers

    Put an hourly contract and a salaried role on the same basis by comparing the adjusted hourly rates.

  • Budgeting by paycheck

    Turn an annual salary into the bi-weekly or semi-monthly amount your budget is built around.

  • Pricing freelance work

    Start from a target yearly income and see the hourly rate it needs once unpaid holidays and time off are counted.

  • Checking a pay stub

    Confirm that the gross on a weekly or monthly stub matches the agreed hourly rate or salary.

Tips and limitations

  • Job ads usually quote the unadjusted figure. If an hourly job does not pay holidays, the adjusted annual is the realistic number.
  • Some employers use 2,087 or 2,088 hours a year (the average including leap years) instead of 2,080, so their hourly figure can differ by a few cents.
  • Monthly pay is annual / 12, not weekly x 4. Four weeks is only 48 weeks a year, which understates monthly pay by about 8%.
  • Results are gross. Taxes, retirement contributions and health premiums come out before you see the money.
  • Overtime is not included. Use the Overtime Calculator for weeks with more than 40 hours.

Frequently asked questions

How do I convert an hourly wage to an annual salary?

Multiply the hourly rate by hours per week and by 52. At 40 hours a week that is the rate x 2,080, so $25 an hour is $52,000 a year before tax. If your holidays and vacation are unpaid, subtract those hours first, which the adjusted column does for you.

How many working hours are in a year?

A full-time schedule of 40 hours for 52 weeks is 2,080 hours. Taking out 10 holidays and 15 vacation days leaves 1,880 hours actually worked. Some payroll systems use 2,087 hours to average in leap years.

What is the difference between bi-weekly and semi-monthly pay?

Bi-weekly is every two weeks, which is 26 paychecks a year. Semi-monthly is twice a month, usually the 15th and the last day, which is 24 paychecks. On a $60,000 salary that is $2,307.69 bi-weekly against $2,500 semi-monthly.

What does the adjusted column mean?

It removes holidays and vacation days from the working year. For hourly or daily pay it assumes those days are unpaid, so annual pay falls. For a salary it keeps the pay and divides it by fewer worked hours, so the effective hourly rate rises.

Is $30 an hour good money per year?

At 40 hours a week it is $62,400 a year before tax, or $56,400 if 25 days a year are unpaid. Whether that is good depends on where you live; the calculator gives the exact figures for your schedule so you can compare against local costs.

Why is my monthly pay not four times my weekly pay?

A month averages 4.33 weeks (52 / 12), not 4. Monthly pay is annual / 12, so $1,000 a week is $4,333.33 a month.

Does the salary calculator include taxes?

No. Every figure is gross pay. Tax depends on your country, filing status, deductions and benefits, so subtract it separately.

Is there an in-depth guide to the Salary Calculator?

Yes. “Salary, Overtime and Raises: The Pay Maths Explained” covers the background, how it works, common pitfalls and worked examples. Read the full guide.