Finance
Salary converter (yearly ↔ hourly)
Enter any pay amount with its period — yearly, monthly, biweekly, weekly, daily, or hourly — and see the equivalent across every other period. Useful for comparing job offers with different pay structures.
Formula
Conversions assume a standard work pattern of N hours per week × M paid weeks per year. The defaults (40 hours, 52 weeks = 2080 hours/year) match the US full-time norm. Adjust if you work part-time, have paid vacation that already reduces effective weeks, or get paid for fewer weeks.
This is a gross-pay converter — it does not subtract taxes, social-security/FICA contributions, or benefit deductions. Net 'take-home' pay is usually 60–80% of gross depending on country, state, and bracket. For a quick US take-home estimate, multiply yearly gross by 0.7 for a low-tax state or 0.65 for a high-tax state; for EU, by 0.55–0.65.
Biweekly conversions assume 26 pay periods per year (every other Friday). Some employers pay semi-monthly (24 periods) — adjust by entering the period explicitly.
Examples
- 01$60,000/year at 40 hr × 52 wks→ Monthly $5,000 · Biweekly $2,307.69 · Weekly $1,153.85 · Hourly $28.85
- 02$25/hour, full-time→ Yearly $52,000 · Monthly $4,333.33 · Weekly $1,000
- 03$80,000/year part-time at 30 hr/wk→ Yearly $80,000 · Hourly $51.28 (vs $38.46 at 40 hr/wk)
FAQ
- No — it's a gross-pay converter. Real take-home pay depends on filing status, state, bracket, retirement contributions, and deductions. Use a country-specific tax calculator for net pay.
References
Disclaimer: This calculator is for informational and educational use only. It is not professional financial advice. For decisions with real consequences, consult a qualified professional. See our terms of use for details.