Salary Calculator
Free salary calculator to convert hourly wage into annual salary, monthly income, weekly pay and daily earnings, with overtime pay and a simple tax estimate.
Results update instantly as you type.
What is a salary calculator?
A salary calculator is a free online tool that converts your pay between different time periods — hourly, daily, weekly, monthly and annual. Whether you are comparing job offers, negotiating a raise, budgeting your monthly expenses or simply curious how much an hourly wage adds up to over a year, this salary conversion calculator gives you instant, accurate numbers. Enter your hourly wage, the hours you work each week and the weeks you work each year, and the calculator instantly shows your annual salary, monthly income, weekly pay, daily earnings and effective hourly rate, plus any overtime earnings and a simple tax estimate.
How to calculate salary
Calculating salary is straightforward once you know your inputs. To turn an hourly wage into an annual salary, multiply your hourly rate by the number of hours you work per week, then multiply that by the number of weeks you work per year. For a typical full-time role of 40 hours per week across 52 weeks, an hourly wage of $20 becomes $41,600 a year. To find your monthly salary, divide the annual figure by 12. To find your weekly pay, multiply hours per week by the hourly wage. Daily earnings are simply your weekly pay divided by the number of days you work. This calculator handles all of these conversions automatically and updates the moment you change any input.
Hourly vs salaried jobs
Hourly jobs pay a set rate for every hour worked, which means your income rises and falls with the number of hours and you are usually eligible for overtime pay. Salaried jobs pay a fixed annual amount regardless of the exact hours worked, often with more predictable income and benefits but no automatic overtime. Knowing how to convert between the two helps you compare offers fairly. A salaried role paying $52,000 a year, for example, is equivalent to roughly $25 per hour at 40 hours a week — useful context when weighing an hourly offer against a salaried one, or deciding whether extra overtime hours are worth it.
Salary calculation formula
The core salary formulas used by this calculator are simple and transparent:
- Annual Salary = Hourly Wage × Hours per Week × Weeks per Year
- Monthly Salary = Annual Salary ÷ 12
- Weekly Pay = Hourly Wage × Hours per Week
- Daily Pay = Weekly Pay ÷ Days Worked
- Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)
These formulas let you move freely between any pay period. Because the calculator works both ways, you can also start from a monthly or annual salary and discover your effective hourly rate.
Overtime calculation
Overtime is extra pay for hours worked beyond your normal schedule, usually paid at a higher multiplier such as 1.5× (time-and-a-half) or 2× (double time). To calculate overtime earnings, multiply your hourly wage by the overtime multiplier, then by the number of overtime hours: Overtime Pay = Hourly Wage × Overtime Rate × Overtime Hours. For example, at $20 per hour with a 1.5× rate and 5 overtime hours per week, you earn an extra $150 each week, or $7,800 over a 52-week year. This calculator adds your overtime earnings on top of your base salary to show your total income, so you can see exactly how much those extra hours are worth.
Estimating tax deductions
Your gross salary is what you earn before taxes; your take-home pay is what lands in your bank account after deductions. Tax rules vary widely by country and income level, so this tool offers a simple optional estimate: enter an approximate tax rate and the calculator shows your estimated tax and net take-home income. For a precise figure based on tax brackets, deductions and regimes, use our dedicated Tax Calculator.
Frequently asked questions
How do I convert hourly pay to annual salary?
Multiply your hourly wage by the number of hours you work per week, then multiply by the number of weeks you work per year. The formula is: Annual Salary = Hourly Wage × Hours per Week × Weeks per Year. For a standard full-time job that's typically 40 hours a week for 52 weeks, so a $20/hour wage becomes $20 × 40 × 52 = $41,600 per year.
How much is $20 per hour per year?
At 40 hours per week for 52 weeks a year, $20 per hour equals $41,600 per year before taxes. That works out to about $3,467 per month, $800 per week and roughly $160 per day (8-hour day). If you take unpaid time off and work fewer weeks, the annual total will be slightly lower.
How much is $25 per hour per year?
At 40 hours per week for 52 weeks a year, $25 per hour equals $52,000 per year before taxes. That's about $4,333 per month, $1,000 per week and $200 per day for an 8-hour day. Overtime hours paid at 1.5× would add to this total.
How much is $30 per hour per year?
At 40 hours per week for 52 weeks a year, $30 per hour equals $62,400 per year before taxes. That comes to roughly $5,200 per month, $1,200 per week and $240 per day for an 8-hour day. Your take-home pay will be lower after tax and other deductions.
How do overtime calculations work?
Overtime is usually paid at a multiplier of your regular hourly rate — most commonly 1.5× (time-and-a-half). To find overtime earnings, multiply your hourly wage by the overtime rate, then by the number of overtime hours: Overtime Pay = Hourly Wage × Overtime Rate × Overtime Hours. For example, at $20/hour with a 1.5× rate and 5 overtime hours, you earn $20 × 1.5 × 5 = $150 extra.
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Estimates only — actual pay and taxes vary by employer, location and law.