Finance Tools

Salary Calculator

Convert pay between hourly, daily, weekly, monthly and yearly amounts before tax. Free hourly to salary calculator.

Free to use. Runs in your browser: your files and text are not uploaded.

This tool gives general information only. It is not financial advice.

Type a pay amount for any period to see the matching amount for every other period: hour, day, week, two weeks, month and year.

How to use it

  1. Type the pay amount and choose the period it is for.
  2. Set the hours and days you work in a week, and the weeks you are paid for in a year.
  3. Read the results.

How it works

Everything is converted to a yearly amount first, then divided back down:

  • Yearly = hourly × hours a week × weeks a year
  • Monthly = yearly ÷ 12
  • Every two weeks = yearly ÷ (weeks a year ÷ 2)
  • Weekly = yearly ÷ weeks a year
  • Daily = yearly ÷ (days a week × weeks a year)

Worked example

25 an hour, 40 hours and 5 days a week, 52 weeks a year:

Period Pay
Hour 25.00
Day 200.00
Week 1,000.00
Two weeks 2,000.00
Month 4,333.33
Year 52,000.00

Two things that trip people up

A month is not four weeks. A year has 52 weeks and 12 months, so a month averages 4.33 weeks. Monthly pay is weekly pay × 52 ÷ 12, not weekly pay × 4.

Unpaid time off changes the hourly figure. If you are not paid for holidays, lower the weeks a year. Someone paid for 48 weeks at 25 an hour earns 48,000, not 52,000.

Comparing a salaried job with hourly work

To compare fairly, use the hours you really work. A 52,000 salary at 40 hours a week is 25 an hour. At 50 hours a week it is 20 an hour.

Limits

  • Figures are gross pay, before income tax, social security or pension contributions.
  • Overtime rates, bonuses and benefits such as health insurance or paid leave are not included.
  • The two-week figure assumes 26 pay periods in a 52-week year. Being paid twice a month gives 24 pay periods and a slightly larger payment each time.

Frequently asked questions

How do I convert an hourly wage to a yearly salary?

Multiply the hourly rate by the hours worked a week and by the weeks worked a year. 25 an hour × 40 hours × 52 weeks = 52,000 a year.

How do I convert a yearly salary to an hourly rate?

Divide the salary by the hours worked in a year. For a 40-hour week, that is 2,080 hours: 52,000 ÷ 2,080 = 25 an hour.

Does this show take-home pay?

No. All figures are before tax and other deductions. Tax rules differ by country and change every year, so this tool does not estimate them.