salary-calculator

Savings & Budgeting

Salary Calculator

Convert an hourly wage into weekly, monthly, and annual pay — or see any salary broken down by period.

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52 minus unpaid time off
Result Tape

How it works

Understanding the Salary Calculator

This calculator converts between pay periods using a simple chain: hourly wage times hours worked per week gives weekly pay, and weekly pay times weeks worked per year gives an annual figure — from there, monthly and biweekly are just different ways of slicing the same annual total.

The “weeks per year” figure matters more than it might seem. Using 52 assumes every week is paid, including vacation; using a lower number like 50 accounts for unpaid time off. If your paid time off is already included in your hourly rate’s assumptions (common for salaried-equivalent hourly roles), 52 is usually the right figure.

This is a gross pay calculation — before taxes and other deductions. See the take-home pay calculator for an estimate of what actually lands in your bank account after typical withholdings.


Worked examples

See it in practice

Example 1 — Standard full-time hourly role

Hourly wage$28.00
Hours per week40
Weeks per year50
Weekly: $1,120 · Monthly: $4,667 · Annual: $56,000

Example 2 — Part-time schedule

Hourly wage$22
Hours per week25
Weeks per year52
Annual: $28,600

FAQ

Common questions

Use 52 if your rate already assumes paid time off, or if you rarely take unpaid leave. Use a lower number like 50 or 48 if you regularly take unpaid weeks, to get a more realistic annual estimate.

No — this uses a flat hourly rate across all hours entered. If some hours are paid at an overtime premium, calculate regular and overtime pay separately and add the two annual figures together.

Gross — the amount before taxes, insurance, retirement contributions, and other deductions. Use the take-home pay calculator to estimate the net amount you’d actually receive.

Divide the annual salary by (hours per week × weeks per year) — for example, $52,000 ÷ (40 × 52) is about $25/hour.

Multiply your hourly rate by the number of hours worked per week, then by 52 weeks. For a standard 40-hour week, multiply the hourly rate by 2,080 to estimate annual gross pay before taxes and deductions.

At a standard 40-hour week, $25 an hour works out to about $52,000 a year before taxes. Whether that’s a good salary depends heavily on your location’s cost of living, household size, and other financial obligations.

Only non-exempt salaried employees are entitled to overtime pay under federal law. Exempt employees, who must meet both a minimum salary threshold and specific job duties tests, generally don’t receive extra pay for hours beyond 40 in a week.

A standard full-time schedule of 40 hours a week comes to 2,080 hours a year before accounting for holidays or paid time off. Actual worked hours are often somewhat lower once time off is factored in.

Gross salary is your total pay before taxes and deductions. Net salary, also called take-home pay, is what’s left after taxes, retirement contributions, and other deductions are subtracted, the amount that actually reaches your bank account.

Assuming a standard 40-hour week and 2,080 working hours a year, a $60,000 annual salary works out to roughly $28.85 an hour before taxes and deductions.

Base salary typically refers only to fixed regular pay, not variable compensation like bonuses or commissions. Total compensation figures, when reported separately, usually include these variable amounts alongside base salary.

A raise increases your gross pay, but your net take-home increase will typically be smaller once additional taxes are withheld on the higher income. Under a progressive tax system, only the portion of income in a higher bracket is taxed at that higher rate.