Salary Calculator

Salary conversion breaks an annual salary down into equivalent hourly, daily, weekly, and monthly rates — and vice versa. This is essential for comparing job offers on equal terms, calculating overtime, or understanding the true value of your time.

Annual to hourly: Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year)

Standard assumption: 40 hours/week × 52 weeks = 2,080 hours/year

If you take 2 weeks unpaid vacation: 40 × 50 = 2,000 working hours/year

Annual to daily: Daily Rate = Annual Salary ÷ Working Days per Year

Standard: 52 weeks × 5 days = 260 working days/year Subtract public holidays (~10 in the US) and vacation days for a more accurate figure.

Annual to weekly: Weekly Rate = Annual Salary ÷ 52

Annual to monthly: Monthly Rate = Annual Salary ÷ 12

Hourly to annual (with overtime consideration): Annual = (Regular Hours × Regular Rate) + (Overtime Hours × Overtime Rate)

Standard US overtime rate = 1.5× regular rate for hours over 40/week.

Quick mental math shortcut: Divide annual salary by 2,000 and drop the last three zeros: $60,000 ÷ 2,000 = $30.00/hour (close enough for estimates)

Net vs. gross — the key distinction: Salary figures are always gross (before tax). Your take-home (net) depends on:

• Federal income tax (US: 10–37% marginal rates)
• State income tax (0% in TX, FL, NV; up to 13.3% in CA)
• FICA: Social Security 6.2% + Medicare 1.45% = 7.65% total
• Health insurance premiums, 401(k) contributions

Effective take-home: typically 65–80% of gross salary.

Worked example: Annual salary: $78,000. Standard 40-hour weeks. 10 vacation days (2 weeks).

• Working hours: 40 × 50 = 2,000 hours/year
• Hourly rate: $78,000 ÷ 2,000 = $39.00/hour
• Working days: 50 × 5 = 250 days/year
• Daily rate: $78,000 ÷ 250 = $312.00/day
• Weekly rate: $78,000 ÷ 52 = $1,500.00/week
• Monthly rate: $78,000 ÷ 12 = $6,500.00/month

At this salary, one hour of your time is worth $39. Use this to evaluate whether a task is worth doing yourself or outsourcing.