Salary Calculator
Enter your pay for any period and see it converted to hourly, weekly, monthly and yearly. Adjust your hours and weeks for accuracy.
Reviewed by the ToolNestr Editorial Team — July 2026
How salary conversion works
Salary conversion works by first calculating your annual (yearly) pay, then dividing by the appropriate periods. The core formula is Annual = Hourly rate × Hours per week × Weeks per year. From the annual figure, all other periods are derived: Monthly = Annual / 12, Weekly = Annual / Weeks per year, Daily = Weekly / 5, and Hourly = Annual / (Hours per week × Weeks per year).
The calculator handles six common pay periods — hourly, daily, weekly, bi-weekly, monthly, and yearly — and instantly converts between them. You can adjust hours per week and weeks per year to match part-time schedules, unpaid leave, or freelance availability for accurate results.
Worked example
You earn $25 per hour working 40 hours per week, 52 weeks per year.
About this salary calculator
Job offers and pay rates come in all shapes — hourly, monthly, yearly. This calculator converts any of them into every other period so you can compare offers fairly and understand exactly what you earn. Adjust hours per week and weeks per year to match your real schedule. For an estimate of what you'll take home after tax, try our Tax Calculator.
How to use it
- Enter your pay amount and choose what period it applies to (hourly, monthly, yearly, etc.).
- Adjust your hours per week and weeks per year to match your actual work schedule.
- See your pay instantly converted across every common pay period.
- Compare job offers or set freelance rates with confidence.
When to use this tool
Use this calculator when you're comparing job offers with different pay structures — for example, one listed as hourly and another as a yearly salary. It is also essential for freelancers who need to convert project fees into an equivalent hourly or annual rate, and for employees negotiating a raise who want to understand the annual impact of a proposed hourly increase.
Tips for best results
- Set your actual hours per week — if you work 37.5 hours, don't leave the default at 40.
- Adjust weeks per year to account for unpaid vacation; 50 weeks is a common conservative estimate for freelancers.
- Remember that benefits (health insurance, retirement matching, paid time off) add 20–30% to total compensation beyond the salary figure.
What different salary ranges mean
Salary ranges vary widely by industry, experience, and location. The bands below give a general sense of what different annual salaries mean in the US market.
Job Seeker
Compare offers with different pay structures — hourly vs salary, or monthly vs annual — to see which role truly pays more.
Freelancer
Convert project fees into hourly or annual equivalents to ensure your freelance rates cover your costs and match your income goals.
HR Manager
Quickly convert posted salaries into different periods for job listings, internal equity comparisons, and offer letter preparation.
Negotiator
A small hourly increase can mean thousands more per year. Use this calculator to quantify the annual impact of a rate change before you negotiate.
| Industry | Median annual salary | Typical hourly equivalent |
|---|---|---|
| Technology | $105,000 | $50.48 |
| Healthcare | $72,000 | $34.62 |
| Finance & Insurance | $76,000 | $36.54 |
| Education | $55,000 | $26.44 |
| Retail & Hospitality | $32,000 | $15.38 |
| Manufacturing | $48,000 | $23.08 |
| Construction | $52,000 | $25.00 |
| Legal | $92,000 | $44.23 |
How to use the salary calculator
Enter your amount
Type any pay figure and select the period it applies to — hourly, daily, weekly, monthly, or yearly.
Adjust your schedule
Set your actual hours per week and weeks per year to get accurate conversions for your specific situation.
Compare and decide
View all pay periods side by side and use the numbers to compare offers, set rates, or plan your finances.
Tips for accurate salary comparison
Include all compensation components
Your total compensation includes more than base salary — factor in bonuses, commissions, overtime, and the value of benefits like health insurance and retirement matching for a complete picture.
Account for unpaid leave
If you have unpaid time off, reduce your weeks per year accordingly. Freelancers should use 48–50 weeks to account for holidays, sick days, and gaps between projects.
Compare cost of living
A $70,000 salary in a low-cost city may go further than $90,000 in an expensive metro area. Always factor local living costs when comparing offers across locations.
Frequently asked questions
How do you convert hourly to yearly?
We multiply your hourly rate by your hours per week and weeks per year. By default that's 40 hours × 52 weeks, but you can change both.
Does this account for tax?
No — these are gross (before-tax) figures, because income tax rules differ by country and change often. It shows your pay across different periods.
Can I use it for part-time hours?
Yes. Just set your actual hours per week and the calculator adjusts everything.
How do I calculate my effective hourly rate as a salaried employee?
Divide your annual salary by the product of your hours per week and weeks per year. For example, a $50,000 salary at 40 hours per week for 52 weeks is roughly $24.04 per hour.
What is the difference between gross and net pay?
Gross pay is your total earnings before any deductions (tax, insurance, retirement contributions). Net pay (take-home pay) is what you actually receive after deductions. This calculator shows gross figures only.
How should I set my freelance rate based on a salary target?
As a freelancer, you need to account for taxes, insurance, unpaid time off and business expenses. A common rule is to take your target salary and multiply by 1.5–2 to get your required annual freelance revenue.
How do I account for paid vs unpaid time off?
Change the "Weeks per year" field to reflect your actual paid weeks. If you get 2 weeks paid vacation, keep 52 weeks; if you are unpaid for 2 weeks, set it to 50. This ensures the annual figure matches your real income.
What if I work irregular hours each week?
Use your average weekly hours over a typical month or quarter. If your hours vary significantly, calculate your total annual income from pay stubs and enter it directly as a yearly amount for the most accurate breakdown.
Can I use this to set my freelance pricing?
Yes. Enter your desired annual income as a yearly amount, then look at the hourly rate. Keep in mind that freelancers need to charge higher hourly rates than employees because you cover your own taxes, benefits, insurance, and unpaid downtime.
How do benefits affect my total compensation?
Health insurance, retirement contributions, paid time off, and bonuses can add 20–30% to your total compensation beyond your salary. This calculator shows only base pay — add estimated benefits value separately for a full comparison.