Salary to Hourly Converter

How to use the salary to hourly converter

1. Type your Pay amount, for example 60000 for a yearly salary or 28.50 for an hourly wage.
2. In Paid, say what the amount represents: Annual, Monthly, Semi-monthly, Bi-weekly, Weekly, Daily or Hourly.
3. Adjust your schedule: Hours per week (40 by default, 37.5 is also common), Days per week and Paid weeks per year.
4. Read every equivalent at once: Hourly, Daily, Weekly, Bi-weekly, Semi-monthly, Monthly and Annual, plus the number of paid hours and days per year.

Click Copy to copy all the amounts as text, for a job comparison or a budget. Open How it was calculated to see the steps with your numbers. All figures are gross pay, before income tax and payroll deductions.

The formulas

Everything goes through the annual amount:

• Annual = hourly wage × hours per week × paid weeks per year
• Hourly = annual / (hours per week × paid weeks per year)
• Weekly = annual / paid weeks per year; Bi-weekly = 2 × weekly
• Daily = weekly / days per week
• Monthly = annual / 12; Semi-monthly = annual / 24

Example: 60,000 a year at 40 hours a week and 52 weeks a year is 2,080 paid hours, so 60,000 / 2,080 ≈ 28.85 an hour. The same salary is 5,000 a month, 2,500 semi-monthly, 2,307.69 bi-weekly, 1,153.85 a week and 230.77 a day. In the other direction, 25 an hour at 37.5 hours a week is 25 × 37.5 × 52 = 48,750 a year.

Paid weeks per year

Keep 52 paid weeks if you are salaried or if your vacation and statutory holidays are paid: your pay does not change during those weeks. Lower it when some weeks are unpaid, for example a contractor who bills 48 weeks a year, or seasonal work. Then the tool spreads the annual amount over fewer weeks, which raises the weekly, daily and hourly figures you need to earn the same yearly income.

Monthly and semi-monthly amounts are calendar splits (12 and 24 pay days per year), so they do not depend on the number of weeks. A year actually has 52 weeks and 1 or 2 days, which is why some years have 27 bi-weekly pay days instead of 26; this tool uses the usual 26.

Comparing job offers

An hourly job and a salaried job are only comparable when you use the same schedule. A 55,000 salary with 37.5-hour weeks (about 28.21 an hour) pays more per hour than 57,000 with 40-hour weeks (about 27.40). Paid overtime, benefits, pension contributions and paid time off also matter and are not included.