About the Salary Calculator
Job postings, offer letters, and freelance contracts express pay in wildly inconsistent formats — one role lists an hourly rate, another an annual salary, and comparing them at a glance requires converting one into the other. This is one of the most commonly searched personal finance calculations for exactly that reason.
This tool converts in both directions: enter an hourly rate and weekly hours to see the equivalent annual, monthly, bi-weekly, and weekly figures, or start from an annual salary to work backward to an hourly rate — useful when comparing a salaried offer against contract or hourly work.
Frequently Asked Questions
Does this calculate take-home (net) pay?
No — these are gross pay figures before taxes, insurance, retirement contributions, or other deductions. Actual take-home pay will be lower and depends on your specific tax situation and benefit elections.
Why does the calculator assume 52 weeks per year?
52 weeks (364 days) is the standard convention for annualizing pay, even though a calendar year has slightly more days — this matches how most payroll systems calculate salaried equivalents.
How do I account for unpaid time off?
This calculator assumes you work every week of the year. If you have unpaid vacation or leave, your actual annual earnings from an hourly rate would be lower than shown here.