Salary Calculator
Convert your salary between hourly, weekly, bi-weekly, monthly, and yearly rates.
Equivalent Salaries
Hourly
$24.04
Daily
$192.31
Weekly
$961.54
Bi-weekly
$1,923.08
Semi-monthly
$2,083.33
Monthly
$4,166.67
Yearly
$50,000.00
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Compare Job Offers and Understand Your Earnings
Compare job offers or understand your earnings in different time frames with our Salary Calculator. Enter your pay amount for any period (hourly, weekly, yearly, etc.), and the tool will instantly convert it into all other common pay period equivalents.
The Conversion Formula Explained
The calculator first determines your total annual salary based on your input. It then divides that annual figure by the number of pay periods in a year for each category to find the equivalent salaries.
- Annual: Your base calculation or input.
- Monthly: Annual Salary / 12
- Weekly: Annual Salary / 52
- Hourly: Annual Salary / (52 * Hours per Week)
How to Use the Calculator
- Amount: Enter your pay rate.
- Pay Period: Select the corresponding pay period for the amount you entered (e.g., Yearly, Hourly).
- Hours per Week: If you select 'Hourly', specify the number of hours you work per week (defaults to 40).
The calculator will automatically display a table with all the equivalent salaries.
Real-World Example
You are offered a job with a yearly salary of $65,000. You want to know what this equates to in monthly and hourly pay, assuming a 40-hour work week.
- Input Amount: $65,000
- Input Pay Period: Yearly
- The calculator will show:
- Monthly: $65,000 / 12 = $5,416.67
- Hourly: $65,000 / (52 * 40) = $31.25
Frequently Asked Questions (FAQ)
- Does this calculator account for taxes? No, this calculator converts your gross (pre-tax) salary. Your take-home pay will be lower after taxes and other deductions. Use our Paycheck Calculator for a take-home pay estimate.
- What's the difference between bi-weekly and semi-monthly? Bi-weekly means you are paid every two weeks (26 paychecks per year). Semi-monthly means you are paid twice a month, usually on fixed dates like the 15th and 30th (24 paychecks per year).
- How are daily rates calculated? The daily rate is typically calculated assuming a standard 5-day work week, resulting in 260 workdays per year (5 days * 52 weeks).