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Salary Converter

Hourly, Monthly, or Annual? Translate your paycheck into terms you understand. Plan your budget with confidence.

Income Details

Equivalent Hourly Rate

$0.00

Based on 40 hrs/wk for 52 weeks

Detailed Breakdown (Gross)

Monthly Pay$
Bi-Weekly Pay$
Weekly Pay$
Daily Pay (Est. 5 days)$

Job offers come in all shapes and sizes. Free balances freelance rates versus full-time salaries. This tool creates a universal translator for your income, breaking it down into Hourly, Daily, Weekly, Bi-Weekly, Monthly, and Annual figures.

The "Unpaid Overtime" Trap

A $100,000 salary sounds great. But if you have to work 60 hours a week to get it, your actual hourly wage is only $32/hr. Always calculate your Real Hourly Rate.

Hourly vs. Salaried

The classic debate. Salary offers stability, but Hourly offers payments for every minute worked.

Salaried (Exempt)

  • Consistent Paycheck
  • Often better benefits
  • No Overtime pay
  • 24/7 Availability expected

Hourly (Non-Exempt)

  • 1.5x Overtime Pay
  • Paid for every minute
  • Income fluctuates
  • Hours can be cut

Negotiation Leverage

Know Your Take-Home

Gross salary is vanity; Net salary is sanity. Before accepting a job, estimate taxes to see if the "raise" is real.

Inflation Adjustments

Did you get a 3% raise but inflation is 5%? You actually took a pay cut. Curious how inflation affects your new salary? Use our Inflation Calculator to see your real purchasing power.

The Math: The 2,080 Rule

To compare apples-to-apples, we standardize everything to a yearly equivalent.

Annual Salary = Hourly Rate × 40 Hours × 52 Weeks

Shortcuts:

  • Hourly to Annual: Multiply by 2,080.
  • Annual to Hourly: Divide by 2,080.
  • Monthly: Annual / 12.

Quick Conversion Reference

Based on standard 40-hour work weeks.

Hourly RateAnnual SalaryMonthly (Gross)
$15.00 / hr$31,200$2,600
$25.00 / hr$52,000$4,333
$50.00 / hr$104,000$8,666
$100.00 / hr$208,000$17,333

Formula: Hourly Rate x 2,080 Hours.

Bi-weekly vs. Semi-monthly?

Bi-weekly means you get paid every 2 weeks (26 paychecks/year). Semi-monthly means twice a month (24 paychecks/year). Bi-weekly workers get 2 'extra' paychecks a year!

What is 'Gross' vs 'Net' pay?

Gross Pay is the big number on your offer letter. Net Pay (Take Home) is what actually hits your bank account after Taxes, Insurance, and 401k deductions. Always budget based on Net Pay.

How many working hours in a year?

The standard work year is 2,080 hours (40 hours/week × 52 weeks). This is the 'Golden Number' for converting hourly rates to annual salaries.

What does 'Exempt' mean?

Salaried employees are often 'Exempt,' meaning they are exempt from overtime laws. If you work 60 hours, you still get paid for 40. Hourly workers are usually 'Non-Exempt' and get 1.5x pay for overtime.

How is overtime calculated?

Federal law requires 'Time and a Half' (1.5x your hourly rate) for any hours worked over 40 in a single week. Some states (like California) have stricter daily overtime rules.

Payroll Terms

FTE

Full Time Equivalent. 1.0 FTE means 40 hours/week. 0.5 FTE means 20 hours/week.

Pay Period

The recurring schedule on which you are paid (Weekly, Bi-weekly, Monthly).

PTO

Paid Time Off. Vacation + Sick leave. This is a hidden part of your salary value.

Base vs OTE

Base is guaranteed salary. OTE (On-Target Earnings) includes commissions/bonuses that are NOT guaranteed.

About This Calculator

This Salary Converter assumes a standard 40-hour work week and 52 weeks per year (2,080 hours). It does not account for unpaid time off or overtime unless you manually calculate hours. It calculates Gross Income before taxes.

Financial Disclaimer:Actual take-home pay will vary significantly based on federal, state, and local taxes, as well as deductions for benefits (healthcare, 401k). This tool provides a Gross Income estimate only.
Fact-Checked by: The CalculatorsCentral Finance TeamLast Updated: January 2026