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CalculatorBuddy

Salary Calculator

Convert a salary between hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, and annual pay — with a holidays-and-vacation-adjusted column.

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days
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Annual Salary

$104,000.00

Adjusted Annual (after time off)
$94,000.00
Hourly Rate
$50.00

Pay by period

PeriodUnadjustedAdjusted
Hourly$50.00$45.19
Daily$400.00$361.54
Weekly$2,000.00$1,807.69
Bi-weekly$4,000.00$3,615.38
Semi-monthly$4,333.33$3,916.67
Monthly$8,666.67$7,833.33
Quarterly$26,000.00$23,500.00
Annual$104,000.00$94,000.00
Annual Salary$104,000.00View results

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.

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
The calculator assumes 52 weeks per year and a consistent weekly schedule. The adjusted column is an estimate of the value of paid time off, not a change to your gross pay.

Pay periods per year

FrequencyPeriods per year
Weekly52
Bi-weekly26
Semi-monthly24
Monthly12
Quarterly4

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.

Frequently asked questions

How do I convert an hourly wage to an annual salary?
Multiply the hourly rate by the hours worked per week, then by 52 weeks. For example, $50 per hour at 40 hours per week is $50 × 40 × 52 = $104,000 per year before any time-off adjustment.
What is the difference between the unadjusted and adjusted columns?
The unadjusted column assumes you are paid for all 52 weeks. The adjusted column removes paid holidays and vacation days, scaling every figure by the fraction of working days you actually work. It approximates the value of paid time off for salaried-versus-hourly comparisons.
What is the difference between bi-weekly and semi-monthly pay?
Bi-weekly pay happens every two weeks, so there are 26 pay periods a year. Semi-monthly pay happens twice a month — for example, on the 15th and the last day — so there are 24 pay periods a year. Bi-weekly periods are slightly smaller because there are more of them.
How many working days are in a year?
With a standard five-day week, the calculator uses 52 × 5 = 260 working days a year (and 52 × 40 = 2,080 working hours). Subtracting holidays and vacation days gives the days you are actually paid to work for the adjusted column.

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