Salary Calculator
This salary calculator converts pay between hourly, daily, weekly, monthly and annual amounts, so you can compare job offers, plan a budget or understand what a raise really means. Enter one figure and see what it looks like across every pay period.
How to Use the Salary Calculator
- Enter your pay amount and choose its period (per hour, day, week, month or year).
- Set your hours per week and, if available, days per week or weeks per year.
- Review the converted amounts for each pay period.
The hours and weeks you enter make a big difference, so use figures that match your actual contract or schedule.
Common Salary Conversion Formulas
- Hourly to annual: hourly rate × hours per week × weeks per year
- Annual to monthly: annual salary ÷ 12
- Annual to weekly: annual salary ÷ 52
- Annual to hourly: annual salary ÷ (hours per week × weeks per year)
Example: 25 per hour at 40 hours a week for 52 weeks equals 25 × 40 × 52 = 52,000 per year, or about 4,333 per month. The currency does not matter for the math, so you can use these formulas anywhere.
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Gross Pay vs. Take-Home Pay
Gross pay is what you earn before anything is taken out. Net, or take-home, pay is what actually reaches your bank account after deductions such as income tax, social security contributions, pension or retirement savings and health insurance. The difference can be significant, and it depends on where you live, your tax situation and your employer's benefits.
When comparing job offers, it helps to look at both numbers. A higher gross salary with expensive benefits deductions can sometimes leave you with less take-home pay than a slightly lower offer.
Tips for Comparing Job Offers
- Convert every offer to the same period, such as annual or hourly, before comparing.
- Factor in paid holidays, overtime and expected hours, not just the headline rate.
- Consider bonuses, commission and benefits separately from base pay.
- Check local tax rules or ask your employer or a tax adviser for an estimate of net pay.
Understanding a Pay Raise
A raise is usually described as a percentage. To see its effect, multiply your current salary by the percentage and divide by 100, or use the percentage calculator. Then run the new figure through the salary calculator to see the change per month or per hour. For quick budgeting sums, the basic calculator is right there too.
Results are estimates for planning purposes and are not tax, legal or financial advice.
Frequently Asked Questions
How do I convert hourly pay to annual salary?
Multiply your hourly rate by the number of hours you work per week, then by the number of weeks you work per year. For example, 20 per hour × 40 hours × 52 weeks equals 41,600 per year. Adjust the weeks if you have unpaid leave.
How many working hours are in a year?
A standard full-time schedule of 40 hours a week for 52 weeks equals 2,080 hours per year. The real figure depends on your contract, public holidays, paid leave and overtime, so it is best to enter your own hours into the calculator.
How do I calculate monthly salary from annual salary?
Divide your annual salary by 12. For example, 60,000 per year equals 5,000 per month before deductions. If you are paid every two weeks instead of monthly, divide the annual figure by 26 to get each paycheck amount.
What is the difference between gross and net salary?
Gross salary is your total pay before deductions. Net salary is what you take home after income tax, social contributions, retirement savings and other deductions. The gap varies a lot by country, income level and personal circumstances.
Does the calculator include taxes?
It depends on the tool settings and the options shown on the calculator. Tax rules vary widely by country, region and personal situation, so any take-home figure should be treated as a rough estimate. For an exact net pay figure, check with your employer, payroll provider or a qualified tax adviser.