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FinCalc

Salary Calculator

Convert your pay between hourly, daily, monthly, and yearly in one click

This salary calculator converts any pay rate into hourly, daily, monthly, and yearly equivalents, plus weekly and bi-weekly figures, based on your actual working hours and days.

Pay Details
$
Hourly
$0
Daily
$0
Monthly
$0
Yearly
$0
Full Pay Breakdown
Weekly$0
Bi-Weekly$0
Semi-Monthly$0
Working Days / Year0
Working Hours / Year0
📖 Salary Conversions — Hourly, Daily, Monthly & Yearly Pay
Job offers, freelance rates, and pay stubs rarely use the same time period, which makes comparing them directly harder than it should be. An hourly contract rate, a monthly salary, and an annual package all describe the same thing — your earning power — just measured on different clocks. Converting everything to one common basis is the fastest way to compare offers apples-to-apples.
The Core Conversion Formula
Annual Pay = Hourly Rate × Hours per Day × Days per Week × Weeks per Year
Once you know your annual pay, every other period falls out of it: divide by 12 for monthly, by the number of weeks worked for weekly, by working days for daily, and by total working hours for hourly. The two assumptions that matter most are hours worked per day and days worked per week — change either one and every converted figure shifts with it.
Worked Example: $25/Hour, Full-Time
At a standard full-time schedule — 8 hours a day, 5 days a week, 52 weeks a year — that's 2,080 working hours annually:
PeriodAmount
Hourly$25.00
Daily$200.00
Weekly$1,000.00
Monthly$4,333.33
Yearly$52,000
Notice monthly isn't just weekly × 4 — since most years have slightly more than 4 weeks per month (52 ÷ 12 = 4.33), the monthly figure comes from dividing the annual total by 12 instead, which is the more accurate method.
Gross Pay vs Take-Home Pay
Every figure this calculator produces is gross pay — your earnings before taxes, insurance premiums, retirement contributions, and other payroll deductions. Take-home ("net") pay is typically 10–30% lower than gross pay depending on your tax bracket, state, and benefit elections. Use the Tax Estimator alongside this calculator to see roughly what lands in your bank account.
Common Pay Period Assumptions
ScheduleTypical Assumption
Standard full-time8 hrs/day, 5 days/week, 52 weeks/year (2,080 hrs/year)
Full-time with 2 weeks unpaid leave8 hrs/day, 5 days/week, 50 weeks/year (2,000 hrs/year)
Part-time (4 days/week)8 hrs/day, 4 days/week, 52 weeks/year (1,664 hrs/year)
Compressed schedule (10-hr days)10 hrs/day, 4 days/week, 52 weeks/year (2,080 hrs/year)
💡 When comparing a salaried offer to a contract or freelance hourly rate, remember the salaried role usually also includes paid time off, health insurance, and employer retirement matching — benefits with real dollar value that a straight hourly comparison misses.
❓ Frequently Asked Questions
How do I convert hourly pay to an annual salary? +
Annual = Hourly × Hours/Day × Days/Week × Weeks/YearAt a standard full-time schedule of 8 hours a day, 5 days a week, 52 weeks a year, multiply your hourly rate by 2,080 to get your annual salary. A $25/hr rate works out to $52,000 a year.
Why isn't monthly pay just weekly pay times 4? +
Because most months have slightly more than 4 weeks — 52 weeks ÷ 12 months = 4.33 weeks per month on average. Multiplying weekly pay by exactly 4 understates your real monthly income. The accurate method is to divide your annual salary by 12 directly.
What's the difference between bi-weekly and semi-monthly pay? +
Bi-weekly pay happens every two weeks, giving you 26 paychecks a year (occasionally 27). Semi-monthly pay happens twice a month on fixed dates (like the 1st and 15th), giving you exactly 24 paychecks a year. Bi-weekly paychecks are a consistent amount; semi-monthly paychecks are also consistent, but the two schedules land on different calendar dates.
Are these figures gross pay or take-home pay? +
All figures shown are gross pay — before taxes and deductions. Your actual take-home pay will be lower after federal and state income tax, Social Security, Medicare, and any benefit contributions. Use the Tax Estimator calculator for an estimate of your after-tax income.
How many hours does a full-time employee work per year? +
The standard assumption is 2,080 hours per year — 8 hours a day, 5 days a week, 52 weeks a year. Some employers use 2,000 hours (assuming 2 unpaid weeks off) or slightly less to account for holidays and PTO, so check your specific employer's assumption when comparing offers.
How accurate are the results from this calculator? +
This calculator gives you a mathematically precise estimate based on the numbers you enter. Real-world results can differ due to fees, rate changes, taxes, or other factors not captured in a simplified formula — treat the output as a planning estimate, not financial, tax, or legal advice.
Is this calculator free to use? +
Yes. Every calculator on FinCalc is completely free, with no signup, subscription, or paywall required.
Does this calculator store or share my data? +
No. All calculations run locally in your browser — nothing you type is sent to or stored on a server.