Convert between annual salary, monthly salary, and hourly wage. Calculate take-home pay estimates and compare different compensation structures. Perfect for job offers and salary negotiations.
Enter your annual salary and the calculator will automatically show the equivalent hourly wage. The calculation assumes a standard 40-hour work week and 52 weeks per year. Hourly rate = Annual salary ÷ (40 hours/week × 52 weeks/year).
Enter your hourly wage and the calculator will show the equivalent annual salary. The calculation assumes a standard 40-hour work week and 52 weeks per year. Annual salary = Hourly wage × 40 hours/week × 52 weeks/year.
The calculator uses standard full-time assumptions (40 hours/week, 52 weeks/year). If you work part-time or have a different schedule, you can manually adjust the calculations. For part-time work, multiply the hourly rate by your actual hours per week and weeks per year.
No, the calculator shows gross salary (before taxes and deductions). Your actual take-home pay will be lower due to federal taxes, state taxes, Social Security, Medicare, health insurance, retirement contributions, and other deductions. Use a paycheck calculator for net pay estimates.
Monthly salary is calculated by dividing annual salary by 12. This gives you the average monthly gross pay. Note that some months have different numbers of working days, and your actual paychecks may vary if you're paid bi-weekly or semi-monthly.
Yes! This tool is perfect for comparing job offers with different compensation structures. Convert all offers to the same format (e.g., annual salary) to make direct comparisons. Remember to also consider benefits, work-life balance, and growth opportunities.
This calculator assumes standard 40-hour work weeks. If you regularly work overtime, your actual annual earnings will be higher. Overtime is typically paid at 1.5x your regular hourly rate for hours worked over 40 per week.
Help us improve this tool by sharing your thoughts and rating your experience.