Salary Calculator

What is a Salary Calculator?

The salary calculator is a free tool that converts earnings between different pay periods. It allows you to calculate income based on:

• Hourly wages
• Daily pay
• Weekly pay
• Bi-weekly pay
• Semi-monthly pay
• Monthly salary
• Quarterly salary
• Annual salary

Instead of doing manual math, our calculator uses standard US work assumptions. Such as a 40-hour workweek and 52 weeks per year to deliver quick and reliable results.

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How Does the Salary Calculator Work?

1. First, input the salary amount and select per hour, day, week, bi-week, semi-month, month, quarter, or year.
2. Now input the working hours and days per week.
3. Also, the tool allows you to input the holidays and vacation days per year. These days will be adjusted in the final results.
4. After inputting all the required values, press the 'Calculate' button.
5. The tool converts the entered salary amount into various payment frequencies and shows holidays adjusted and unadjusted results.
6. For the new salary conversion, press the 'Reset' button.

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Why Salary Calculations Matter in the US

In the US job market, pay structures vary widely. Two jobs with the same annual salary can feel very different depending on hours worked, pay frequency, or overtime eligibility.

Here's why accurate salary calculations are important:

1. Comparing Job Offers

One company may offer an annual salary, while another lists hourly pay. Our calculator lets you compare apples to apples.

2. Budgeting and Financial Planning

Knowing your exact monthly or weekly income helps with rent, mortgage, groceries, savings, and debt payments.

3. Negotiating Pay

When negotiating raises or switching jobs, understanding your real hourly value gives you leverage.

4. Freelancers and Contractors

Independent workers often bill hourly but want to know their yearly income potential.

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How Salary is Calculated in the US

In the United States, salary calculations are usually based on a standard full-time work schedule. But the actual pay frequency can vary depending on the employer.

Most salary conversions rely on these common assumptions:

• 8 hours per workday
• 40 hours per workweek
• 52 weeks per year
• 2080 total work hours annually

These benchmarks are widely used across payroll systems, HR departments, and financial planning.

Below is a breakdown of every common US pay type, along with formulas and examples.

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1. Hourly Calculation

Hourly pay is common in retail, healthcare, hospitality, freelancing, and contract work.

Formula:

Example:

• Hourly rate: $23
• Hours per week: 40
• Weeks per year: 52

Annual Salary = $23 × 40 × 50 = $47,840 per year.

Salary to Hourly Formula:

Example:

Hourly Pay = $75,000 ÷ 2080 = $36.06.

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2. Daily Calculation

Daily pay is useful for contractors, consultants, and short-term projects.

Formula:

Example:

• Hourly rate: $45
• Hours per day: 8

Daily Pay = $45 × 8 = $360.

Annual Estimate from Daily Pay

(260 workdays = 5 days × 52 weeks)

Example:

Annual Salary = $120 × 260 = $31,200 per year.

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3. Weekly Calculation

Weekly pay is common in hourly jobs and some small businesses.

Formula:

Example:

• Hourly rate: $55
• Hours per week: 40

Weekly Pay = $55 × 40 = $2,200.

Annual Salary from Weekly Pay

Example:

Annual Salary = $900 × 52 = $46,800 per year.

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4. Bi-Weekly Salary Calculation (Most Common in the US)

Bi-weekly pay means you're paid every two weeks, totaling 26 paychecks per year.

Formula:

Example:

• Annual Salary: $78,000

$78,000 ÷ 26 = $3,000 bi-weekly.

Hourly Conversion from Bi-Weekly Pay

Example:

$3,000 ÷ 80 = $37.50/hour.

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5. Semi-Monthly Calculation

Semi-monthly pay means two fixed paychecks per month, usually on set dates (e.g., 15th and 30th).

This results in 24 paychecks per year, not 26.

Formula:

Example:

• Annual Salary: $90,000

$90,000 ÷ 24 = $3,750 per paycheck.

Many people confuse bi-weekly and semi-monthly pay. Our salary calculator helps avoid that mistake.

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6. Monthly Salary Calculation

Monthly pay is common for salaried professionals and government employees.

Formula:

Example:

• Annual Salary: $87,000

$87,000 ÷ 12 = $7,250 per month.

Hourly from Monthly Salary

Example:

$7250 × 12 ÷ 2080 = $41.83/hour.

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7. Quarterly Calculation

Quarterly salary calculations are often used for:

• Bonuses
• Commission planning
• Financial forecasting

Formula:

Example:

• Annual Salary: $120,000

$120,000 ÷ 4 = $30,000 per quarter.

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8. Annual Salary Calculation

Annual salary is the total gross income earned in one year before taxes.

Formula (from hourly):

Example:

• Hourly rate: $32

$32 × 2080 = $66,560 per year.