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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.

Worked example: $75,000 per year at 40 hours/week

An annual salary of $75,000 with a standard 40-hour week and 52 paid weeks (no unpaid time off).

  1. Weekly pay = 75,000 ÷ 52 = $1,442.31.
  2. Hourly wage = 1,442.31 ÷ 40 = $36.06.
  3. Monthly equivalent = 75,000 ÷ 12 = $6,250.00.
  4. Biweekly paycheck = 75,000 ÷ 26 = $2,884.62 (26 periods, not 24).
  5. Daily (5 workdays/week) = 1,442.31 ÷ 5 = $288.46.

≈ $36.06/hour, $6,250/month, and $2,884.62 every two weeks before taxes and deductions.

Salary conversion formulas

hourly = annual ÷ (weeksPerYear × hoursPerWeek) weekly = annual ÷ weeksPerYear monthly = annual ÷ 12 biweekly = annual ÷ 26

annual
gross pay for a full year
weeksPerYear
paid weeks (often 52; use fewer if you model unpaid leave)
hoursPerWeek
scheduled hours in a typical week (often 40)
26
biweekly periods in a year (52 ÷ 2), not 24

These are gross equivalents before tax, benefits, or overtime premiums. Semi-monthly pay (24 checks) is not the same as biweekly (26 checks).

Gross pay equivalents for common annual salaries

Assumes 40 hours/week and 52 weeks/year. Scale linearly for other hours.
AnnualMonthlyBiweeklyHourly
$50,000$4,166.67$1,923.08$24.04
$75,000$6,250.00$2,884.62$36.06
$100,000$8,333.33$3,846.15$48.08
$120,000$10,000.00$4,615.38$57.69

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.

How do overtime hours change an hourly rate from salary?

Convert salary to a regular hourly rate with annual ÷ (weeks × hours), then apply your local overtime rules (often 1.5× after 40 hours/week in the US). The calculator shows the base hourly equivalent; overtime premiums are jurisdiction-specific.

Should I compare job offers on annual or hourly pay?

Compare both. Two $75,000 offers can differ if one expects 45 hours/week: that is about $32.05/hour versus $36.06 at 40 hours. Use the salary calculator alongside the loan or mortgage calculators when a raise must cover a payment.

Why does biweekly pay not equal monthly pay × 2?

Biweekly means every two weeks (26 checks/year). Semi-monthly means twice per month (24 checks/year). $6,250 × 2 = $12,500 is a semi-monthly pair, not a biweekly pair; biweekly on $75,000 is $2,884.62.

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