Salary to hourly calculator: what your pay works out to, any way you slice it
Job offers come as a yearly salary, hourly rates as a number per hour, and your bills arrive monthly. Comparing them takes a little arithmetic, and it’s easy to forget unpaid time off or overtime. This calculator converts your pay into every common period, so you can compare offers, plan a budget or check what an hour of your time is worth.
Salary to hourly calculator
- Hourly rate
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- Monthly
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- Every two weeks
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- Weekly
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| Pay period | Gross pay |
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All figures are gross pay, before federal, state and local taxes, Social Security and Medicare, and deductions such as health insurance or 401(k) contributions, so your paycheck will be smaller. Overtime applies to hourly pay at the federal minimum of 1.5× for hours over 40 a week; some states have additional rules. Benefits are not included. Everything here runs in your browser; nothing you enter is stored or sent.
What this calculator can help you understand
- Your hourly rate from a yearly salary, or your yearly pay from an hourly rate.
- What you earn each pay period: weekly, every two weeks, twice a month and monthly.
- How unpaid weeks and overtime change your yearly pay.
When it’s useful
- When comparing job offers, one salaried and one hourly.
- When building a budget around monthly bills.
- When negotiating a raise or pricing freelance work.
- When your hours change.
Who it’s for
- Job seekers comparing offers.
- Hourly workers estimating yearly income.
- Salaried employees curious about their effective hourly rate.
What to enter
| Input | What it means | Where to find it |
|---|---|---|
| I know my | Whether you’re starting from a yearly salary or an hourly rate | Your offer or pay stub |
| Yearly salary or hourly rate | Your gross pay, before taxes | Your offer letter or pay stub |
| Hours per week | Hours you actually work in a typical week | Your schedule |
| Paid weeks per year | 52 if time off is paid; fewer if it isn’t | Your employment terms |
| Overtime hours per week | Hours over 40, for hourly pay | Your timesheets |
How to use it
- Choose whether you know your yearly salary or your hourly rate.
- Enter your pay, before taxes.
- Enter your usual hours per week and paid weeks per year.
- If you’re paid hourly and work overtime, enter your typical overtime hours.
- Read your pay for every period in the table.
Understanding your results
- Hourly rate = yearly salary ÷ (hours per week × paid weeks).
- Yearly pay = hourly rate × hours × paid weeks, plus overtime at 1.5× the hourly rate.
- Monthly, biweekly and weekly are yearly pay divided by 12, 26 and 52. They’re averages; weeks with unpaid time off pay less.
A worked example
Suppose you earn a $60,000 salary for 40 hours a week, with paid time off.
- Hourly rate: $28.85.
- Pay periods: $5,000.00 a month, $2,307.69 every two weeks, $2,500.00 twice a month and $1,153.85 a week, all before taxes.
- If you actually work 45 hours a week, your effective rate falls to $25.64 an hour.
Now suppose you earn $22 an hour for 40 hours a week, plus 4 hours of overtime, and take 2 unpaid weeks a year.
- Regular pay: $44,000 for 50 weeks.
- Overtime: $6,600 at $33 an hour.
- Yearly pay: $50,600, or about $4,216.67 a month on average.
Common mistakes
- Mixing up biweekly and semimonthly. Two months a year have three biweekly paychecks.
- Forgetting unpaid time off. It lowers yearly pay for hourly workers.
- Comparing gross pay with take-home pay. Taxes and deductions can take a significant share.
- Ignoring benefits when comparing offers.
What to do with your result
- Use your monthly take-home pay in the 50/30/20 budget calculator.
- Check how much a raise could add to retirement savings with the 401(k) calculator.
- When comparing offers, put a dollar value on benefits like matching and health coverage.
Limitations to keep in mind
All figures are gross pay before taxes and deductions. Overtime uses the federal 1.5× rule for hours over 40 a week; state rules, shift differentials, bonuses and tips aren’t included. This isn’t tax or employment advice.
Frequently asked questions
How do I convert a salary to an hourly rate quickly?
For a 40-hour week with 52 paid weeks, divide the salary by 2,080. A $60,000 salary works out to $28.85 an hour.
Is biweekly the same as twice a month?
No. Biweekly means every two weeks, or 26 paychecks a year. Twice a month (semimonthly) means 24. On a $60,000 salary, a biweekly check is $2,307.69 and a semimonthly check is $2,500.00.
Why is my paycheck smaller than this?
These figures are gross pay. Federal and state income tax, Social Security, Medicare, and deductions such as health insurance or 401(k) contributions come out before you’re paid.
Who gets overtime?
Under federal law, non-exempt employees must be paid at least 1.5 times their regular rate for hours over 40 in a workweek. Many salaried employees are exempt; some states add daily overtime or other rules.
How should I count paid time off?
If you’re paid for holidays and vacation, keep 52 weeks. If you take unpaid weeks, as many hourly and contract workers do, reduce the number of paid weeks.
How do I compare a salary offer with an hourly one?
Convert both to yearly pay with realistic hours and paid weeks, then compare benefits separately: health insurance, retirement matching and paid leave can be worth thousands a year.
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This calculator gives estimates for illustration, based on the figures you enter and the assumptions described on this page. It isn’t financial, tax or legal advice, an offer, or a guarantee of any outcome.