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Salary Calculator
Convert salary between annual, monthly, biweekly, weekly and hourly pay and estimate your regular and overtime earnings.
Calculate Your Salary
Enter your pay amount and choose the pay period.
SALARY FORMULA
How Salary Conversion Works
Salary conversions depend on the number of pay periods and working hours in a year.
For example, using 52 working weeks per year and 40 hours per week:
Annual Salary = Hourly Rate × 40 × 52
A monthly salary can be estimated by dividing annual salary by 12.
A biweekly salary can be estimated by dividing annual salary by 26.
EXAMPLE
Salary Calculation Example
Suppose your annual salary is $52,000.
Your estimated monthly salary is:
$52,000 ÷ 12 = $4,333.33
With a 40-hour work week and 52 working weeks, the estimated hourly rate is:
$52,000 ÷ 52 ÷ 40 = $25 per hour
PAY PERIODS
Salary Pay Periods
Annual: Total salary earned over one year.
Monthly: Salary received once per month.
Biweekly: Salary received every two weeks, usually resulting in 26 pay periods per year.
Weekly: Salary received once every week.
Daily: Estimated earnings for one working day.
Hourly: Earnings for one hour of work.
OVERTIME
Overtime Salary
Overtime pay is calculated by multiplying the regular hourly rate by an overtime multiplier.
For example, if the regular hourly rate is $20 and the overtime multiplier is 1.5:
$20 × 1.5 = $30 per overtime hour
Overtime rules and required pay rates vary by country, employer and employment agreement.
USES
What Can You Use This Calculator For?
Compare job offers, convert hourly wages into annual salary, estimate monthly income, calculate weekly pay and understand overtime earnings.
It can also help you compare different compensation structures before making a financial decision.
IMPORTANT
Salary Calculator Notes
This calculator provides salary conversions and estimates. Actual pay may differ because of taxes, bonuses, commissions, unpaid leave, benefits and employer-specific payroll rules.
The standard calculation assumes the number of working weeks and hours entered by the user.
The overtime calculation is an estimate and does not determine whether overtime is legally required or how it must be paid in your jurisdiction.
FAQ
Frequently Asked Questions
How do I calculate my hourly salary?
Divide your annual salary by the number of working weeks per year and then divide by your working hours per week.
How do I convert monthly salary to annual salary?
Multiply the monthly salary by 12.
How many biweekly pay periods are in a year?
A standard year has 26 biweekly pay periods.
How is overtime pay calculated?
Multiply the regular hourly rate by the applicable overtime multiplier.
Does this calculator calculate taxes?
No. This version calculates gross salary and salary conversions rather than country-specific income taxes.
Is this Salary Calculator free?
Yes. Fashnza's Salary Calculator is free to use.
Does the calculator store my salary information?
No account is required. Calculations are performed directly in your browser.
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