Salary to Hourly Converter
Enter any salary figure and its pay period — hourly, weekly, monthly, or annual — and instantly see what it equals across every other timeframe. Useful for comparing job offers, budgeting, or negotiating pay.
How It Works
Comparing job offers, negotiating freelance rates, or building a budget all require converting between pay periods. This tool normalizes any figure to an annual base, then divides into all other periods.
Assumptions used in this calculator:
- 8 working hours per day
- 5 working days per week
- 52 weeks per year
- Therefore: 260 working days per year, 2,080 working hours per year
- 26 biweekly pay periods per year
- 12 monthly pay periods per year
Conversion chart from any input period to annual:
- Hourly × 2,080 = Annual
- Daily × 260 = Annual
- Weekly × 52 = Annual
- Biweekly × 26 = Annual
- Monthly × 12 = Annual
- Annual = Annual
Worked example: You are offered $28/hour. What are the equivalent figures?
Annual: $28 × 2,080 = $58,240
Monthly: $58,240 / 12 = $4,853.33
Biweekly: $58,240 / 26 = $2,240
Weekly: $58,240 / 52 = $1,120
Daily: $58,240 / 260 = $224
Hourly: $28 (starting point)
Second example: $75,000 annual salary.
Monthly: $75,000 / 12 = $6,250
Biweekly: $75,000 / 26 = $2,884.62
Weekly: $75,000 / 52 = $1,442.31
Daily: $75,000 / 260 = $288.46
Hourly: $75,000 / 2,080 = $36.06/hr
Important caveats: These figures are pre-tax gross pay. After income tax, Social Security, Medicare, and any other deductions, take-home pay will be lower — typically 70–80% of gross for a single filer in the US. The figures also assume a standard 40-hour work week; if you regularly work more or less, adjust accordingly.
Freelancers should also account for the self-employment tax (15.3% in the US) and the cost of their own benefits (health insurance, retirement) when evaluating whether a given hourly rate is truly equivalent to a salaried position.
Frequently Asked Questions
How many hours are in a work year?
The standard assumption is 2,080 hours: 40 hours/week × 52 weeks. Some employers use 2,087 hours to account for the exact number of days in a year, but 2,080 is by far the most common convention.
What is the difference between biweekly and semi-monthly pay?
Biweekly means paid every two weeks — 26 paychecks per year. Semi-monthly means paid twice a month on fixed dates (e.g., the 1st and 15th) — 24 paychecks per year. Biweekly employees get 2 "extra" paychecks a year, which is why monthly amounts are slightly different.
Does this calculator account for overtime?
No. It assumes a flat 40-hour work week. If you regularly work overtime, multiply your overtime hours by 1.5× your base rate and add that to your weekly figure before entering it.
How do I compare a salaried offer to a contract rate?
Convert both to hourly. The contract rate typically needs to be 20–40% higher than an equivalent salary to account for self-employment taxes, lack of benefits, and time without work between contracts. A $100,000 salary at 2,080 hrs = $48.08/hr, so a comparable contract rate might be $60–70/hr.