Salary Calculator
Hourly to annual and back, using 52.1775 weeks rather than 52.
Convert pay between hourly, daily, weekly, biweekly, semi-monthly, monthly and annual, using the real number of weeks in a year.
| Hourly40 hours a week | $30.00 |
|---|---|
| Daily5 days a week | $240.00 |
| Weekly | $1,200.00 |
| Every two weeks26.09 pay periods | $2,400.00 |
| Twice a month24 pay periods | $2,608.88 |
| Monthly | $5,217.75 |
| Annual | $62,613.00 |
A year is 52.1775 weeks, not 52. Multiplying an hourly rate by 40 and then by 52 understates the year by about a fifth of a week’s pay, which on this salary is $213.00. Payroll systems use the longer figure; most online converters do not.
Every two weeks and twice a month are not the same thing. Twice a month is exactly 24 cheques because the cycle is set by dates. Every two weeks is 26.09, so most years bring 26 cheques and roughly every eleventh brings 27, which is the month payroll departments plan around.
These are gross figures. Tax, national insurance, pension contributions and health premiums all come out afterwards and depend on where you live and your circumstances, so no converter can honestly show you take-home from a rate alone.
How the Salary Calculator works
Enter what you earn in any period and see it in all the others. The arithmetic uses 52.1775 weeks a year rather than 52, because a year is 365.2425 days and that does not divide evenly by seven. The difference is about a fifth of a week's pay, which is small enough to look like rounding and large enough to matter on a real salary.
Also known as: hourly to salary · salary to hourly calculator · annual salary calculator · pay converter · wage calculator
Frequently asked questions
Why not just multiply by 52?
Because a year is 52.1775 weeks. Multiplying an hourly rate by 40 and then by 52 understates the annual figure by about a fifth of a week's pay, which on a 60,000 salary is a little over 200. Payroll systems use the longer figure; most online converters do not.
Is being paid every two weeks the same as twice a month?
No, and the gap is larger than people expect. Twice a month is exactly 24 cheques a year because the cycle is set by dates. Every two weeks is 26.09, so most years bring 26 and roughly every eleventh brings 27. On the same annual salary the biweekly cheque is smaller, and the extra one is the month payroll departments plan around.
What does this show, gross or take-home?
Gross. Tax, national insurance, pension contributions and health premiums all come out afterwards and depend on where you live, your allowances and your circumstances. No converter can honestly show take-home from a rate alone, and one that claims to is guessing at your tax position.
How do unpaid weeks off change it?
They reduce an hourly or daily year directly, since you are not paid for them. Two unpaid weeks on 30 an hour at 40 hours costs exactly 2,400. A salaried year already has its holiday inside the figure, so the setting only applies to hourly and daily work.
What if I work irregular hours?
Use your average week. The conversion is linear, so an average is exactly right for the year even though no individual week matches it.