Convert pay between hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, and annual. Enter a rate in any frequency along with your typical hours and days per week, and see every equivalent — plus a second column that adjusts for paid holidays and vacation.
Pay periods per year
| Frequency | Periods per year |
|---|---|
| Weekly | 52 |
| Bi-weekly | 26 |
| Semi-monthly | 24 |
| Monthly | 12 |
| Quarterly | 4 |
Examples
$50/hour, 40 h/week, 5 days, 10 holidays + 15 vacation
At 40 hours a week, $50/hour is $104,000 a year unadjusted. With 25 days of paid time off out of 260 working days, the adjusted figure is $94,000 — equivalent to about $45.19/hour, $1,808/week, or $7,833/month.
Formula
The rate you enter is first converted to an unadjusted annual figure, then divided into every period. Time off scales each value down:
Annual (unadjusted) = rate × periods per year (hourly uses hours/week × 52)
Adjusted factor = (days/week × 52 − holidays − vacation) ÷ (days/week × 52)
Adjusted value = unadjusted value × adjusted factor
What this conversion leaves out
These are gross-pay equivalents before taxes, benefits, bonuses, commissions, and overtime. For hourly work, use the hours you normally work rather than assuming that every scheduled hour is paid. For salary offers, compare the employer's actual pay calendar and leave policy with the calculator's fixed 52-week convention.
Hourly to salary and salary to hourly
Use the dedicated direction tabs for a quick conversion, or All periods for any of the eight pay frequencies. At 25 per hour, 40 paid hours a week and 52 paid weeks, annual gross pay is 25 × 40 × 52 = 52,000. Reversing those inputs gives 25 per hour. At 48 paid weeks, the same hourly pay produces 48,000 annually.
The hourly equivalent of an annual salary divides annual pay by the entered paid hours per year. Weekly and monthly equivalents average annual pay over 52 weeks or 12 months. They are budget comparisons, not a payroll calendar: a month is not exactly four weeks, and biweekly pay has 26 periods while twice-monthly pay has 24.
Paid leave and unpaid time off
Do not deduct paid holidays or paid vacation from a fixed annual salary. The optional adjusted column models the entered leave as unpaid time. Leave those fields at zero for a paid-leave comparison. If you already reduced Paid weeks per year for an unpaid absence, do not subtract the same absence again as vacation days.
These are gross amounts before taxes and deductions. For overtime premiums use the Overtime Calculator; for an estimated net paycheck use the Paycheck Calculator. Changing display currency changes labels only, not amounts or tax rules.