Complete guide
Salary calculator: hourly, monthly and annual pay
Enter a gross pay amount and its period, then customize hours, workdays and paid weeks. Calculator24 converts it to hourly, daily, weekly, biweekly, semimonthly, monthly and annual equivalents at once.
How to use the salary calculator
Enter the amount shown in an offer, contract or pay record and select whether it is hourly, daily, weekly, every two weeks, twice monthly, monthly or annual. Adjust the schedule before comparing offers with different hours or unpaid weeks.
- Enter the gross amount.
- Select its pay period.
- Set weekly hours, workdays and paid weeks.
- Compare every equivalent in the result table.
Salary conversion formulas
Every conversion passes through one annual equivalent. Hourly pay uses hours per week and paid weeks; daily pay uses workdays and paid weeks. Biweekly means every two weeks, while semimonthly means 24 payments per year.
annual from hourly = hourly rate × hours/week × paid weeksannual from daily = daily rate × workdays/week × paid weeksmonthly = annual ÷ 12biweekly = annual ÷ (paid weeks ÷ 2)Biweekly versus semimonthly pay
Biweekly payroll normally produces 26 checks in a 52-week year; semimonthly payroll produces 24. The check amount therefore differs even when annual salary is identical.
This calculator uses your paid-weeks setting for weekly and biweekly equivalents, but always uses 24 for semimonthly and 12 for monthly pay.
Gross pay and take-home pay
BLS earnings measures distinguish the period represented and commonly report gross earnings before deductions. This page keeps that scope: it converts the stated gross amount without guessing filing status, tax jurisdiction, insurance, retirement or other deductions.
For budgeting, apply actual paycheck deductions after the gross conversion rather than treating the annual equivalent as spendable income.
Overtime, bonuses and schedule limits
The Department of Labor explains that covered nonexempt U.S. employees generally receive at least 1.5 times the regular rate for hours above 40 in a workweek. This salary converter does not determine eligibility or add overtime automatically.
Bonuses, commissions, shift premiums, unpaid leave and changing schedules also require separate inputs or payroll records. The displayed equivalents assume the entered rate and schedule stay constant.
Pay periods used
| Period | Default periods/year | Annual relationship |
|---|---|---|
| Hourly | 2,080 hours | 40 hours × 52 weeks |
| Weekly | 52 | annual ÷ 52 |
| Biweekly | 26 | annual ÷ 26 |
| Semimonthly | 24 | annual ÷ 24 |
| Monthly | 12 | annual ÷ 12 |
Frequently asked questions
How do I convert hourly pay to annual salary?
Multiply the hourly rate by hours per week and paid weeks per year.
How many biweekly pay periods are in a year?
A 52-week year produces 26 two-week periods.
Is biweekly the same as twice a month?
No. Biweekly is usually 26 checks per year; semimonthly is 24.
Does this calculate take-home pay?
No. It converts gross pay before taxes and deductions.
Does the annual estimate include overtime?
No. Entered hours are valued at the base rate; overtime rules and eligibility must be evaluated separately.
What to keep in mind
Gross-equivalent conversion only. It does not estimate taxes, unpaid leave, overtime, bonuses, benefits or purchasing power.
Results display up to 8 decimal places; exported numbers preserve calculation precision. This is a calculation summary, not an official certificate.