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Salary Calculator

Convert between annual, monthly, biweekly, weekly, and hourly pay rates.

Annual$50,000.00
Monthly$4,166.67
Biweekly$1,923.08
Weekly$961.54
Daily$192.31
Hourly$24.04

How It Works

  1. 1

    Enter your pay amount

    Type your salary or wage amount and select the corresponding pay period (annual, monthly, biweekly, weekly, or hourly).

  2. 2

    Customize your schedule

    Adjust hours per week and weeks per year if you work a non-standard schedule (part-time, contract, etc.).

  3. 3

    Compare all pay periods

    Instantly see your equivalent pay across all time periods: annual, monthly, biweekly, weekly, daily, and hourly.

Understanding Salary Conversions

Salary conversions are simple arithmetic, but the pay calendar is where people slip. A $50,000 salary is about $4,167 per month, $1,923 per biweekly paycheck, $962 per week, or $24.04 per hour on a 40-hour, 52-week schedule. Biweekly pay has 26 checks per year, not 24, so a monthly divide-by-two estimate is wrong. Part-time and contract schedules add another wrinkle because hours per week and working weeks per year change the hourly rate. Enter any pay amount, adjust the schedule, and compare annual, monthly, biweekly, weekly, daily, and hourly equivalents.

Common pitfalls

  • US annualization uses 2,080 hours for most purposes (40 x 52). The Office of Personnel Management uses 2,087 hours for federal GS pay conversions to account for the extra day in most years. Use 2,080 unless you're computing US federal pay.

  • In the US, FICA (Social Security + Medicare) is 7.65% of wages, but the 6.2% Social Security portion stops at an annual wage cap set by the SSA each October (2026 cap: $184,500). Earnings above the cap still pay the 1.45% Medicare tax, plus an extra 0.9% Additional Medicare Tax above $200,000 for single filers.

  • US federal overtime kicks in above 40 hours per week under the FLSA (29 USC §207). California Labor Code §510 requires overtime above 8 hours per day and double time above 12, regardless of weekly total. Using the 40/week rule in California underpays workers.

  • Take-home pay runs roughly 22-32% below gross for most US workers. A $100,000 salary in Texas (no state income tax) nets around $77,000; the same salary in California nets closer to $68,000 after state tax. Multiply gross by 0.70 for a quick net estimate outside low-tax states.

  • US bonus withholding is a 22% federal flat rate up to $1 million, 37% above. That is withholding, not final tax. High earners usually owe more than withheld when they file; low earners often get a refund on the bonus portion.

Frequently Asked Questions

How do I convert annual salary to hourly wage?

Divide your annual salary by the number of working weeks per year (typically 52), then divide by hours per week (typically 40). For example, $52,000/year ÷ 52 weeks ÷ 40 hours = $25/hour.

Why are there 26 biweekly pay periods in a year?

A biweekly pay schedule means you get paid every two weeks. Since there are 52 weeks in a year, that results in 26 pay periods (52 ÷ 2 = 26), not 24. This is why biweekly pay × 24 does not equal annual salary.

What is the difference between biweekly and semi-monthly pay?

Biweekly pay is every two weeks (26 paychecks/year), while semi-monthly pay is twice per month (24 paychecks/year). Biweekly paychecks are slightly smaller but you receive two extra per year.

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