Salary Calculator
Convert a wage between hourly, daily, weekly, monthly, and yearly pay.
So funktioniert's
This calculator converts a wage figure â hourly, daily, weekly, monthly, or yearly â into all the others, using your typical hours per day and days per week as the bridge between them, assuming 52 weeks in a year.
The core relationship is: yearly = hourly rate Ă hours per day Ă days per week Ă 52 weeks. For a standard full-time schedule of 8 hours/day, 5 days/week, that's 40 hours/week Ă 52 = 2,080 hours per year. At $25/hour, that comes to $25 Ă 2,080 = $52,000 per year, or roughly $4,333/month.
Once the yearly figure is known, the other periods are simple divisions: monthly = yearly Ă· 12, weekly = yearly Ă· 52, and daily = yearly Ă· (days per week Ă 52). Entering any single figure â say, a $60,000 annual salary â lets the calculator work backward to show the equivalent hourly rate for your specific schedule.
Every number shown is gross pay â the full amount before income tax, social security/national insurance, health insurance premiums, retirement contributions, or any other deductions. Take-home (net) pay is meaningfully lower than gross pay, and how much lower depends heavily on your tax bracket, location, and personal deductions, which this calculator doesn't attempt to model.
This conversion is genuinely useful when comparing job offers quoted in different formats â one employer quoting an hourly rate and another quoting an annual salary can be directly compared once both are converted to the same period. It's equally useful for freelancers setting an hourly rate based on a target annual income, or for negotiating a raise framed in whichever period makes the increase feel most concrete.
Does this account for taxes?
No â this is gross pay only; it doesn't subtract income tax, insurance, or other deductions.
How many hours are in a standard work year?
2,080 hours for a typical full-time schedule of 8 hours/day, 5 days/week, 52 weeks/year (40 hours Ă 52 weeks) â though this varies with your actual schedule.
How do I compare a job offering hourly pay to one offering an annual salary?
Convert both to the same period using this calculator â entering your expected hours per day and days per week lets you see the hourly offer as an annual figure, or vice versa, for a direct comparison.
Does this assume unpaid time off is excluded?
The calculation assumes you work every one of the 52 weeks at your specified schedule â actual take-home pay may differ if you take unpaid leave, since hourly workers aren't paid for time not worked.
How do I set a freelance hourly rate from a target annual income?
Enter your target annual income and your expected working hours per day and days per week â the calculator shows the hourly rate needed to reach that target, though freelancers typically also need to factor in taxes, benefits, and non-billable time.
Why is my take-home pay lower than the gross salary this calculator shows?
Gross pay is before deductions â income tax, social security or national insurance, and any benefits contributions are all subtracted before you receive your net (take-home) pay.
Does this work for part-time schedules?
Yes â enter your actual hours per day and days per week rather than a standard full-time schedule, and the calculator adjusts all the converted figures accordingly.
What if my work schedule varies week to week?
Use your average hours per week for the most representative estimate â highly variable schedules will only approximate to a single hourly-to-salary conversion.
Is 52 weeks per year always the right assumption?
It's the standard assumption for a full calendar year; if you want to account for unpaid holiday weeks specifically, adjust the yearly figure downward proportionally after this calculation.
Should I factor in cost of living when comparing salaries in different cities?
Yes â this calculator converts between pay periods only; it doesn't adjust for cost of living differences, which can make an identical salary go much further (or not as far) depending on location.
How do benefits like health insurance factor into total compensation?
This calculator covers cash wages only â employer-paid benefits (health insurance, retirement matching, etc.) add real value on top of the gross pay figures shown here, worth factoring in separately when comparing full compensation packages.