Salary Calculator
Salary Calculator
Your Pay
Time Off
Your Pay, Every Way
| Pay Period | Unadjusted | Adjusted |
|---|---|---|
| Hourly | $30.00 | $30.00 |
| Daily | $240.00 | $240.00 |
| Weekly | $1,200.00 | $1,103.08 |
| Bi-Weekly | $2,400.00 | $2,206.15 |
| Semi-Monthly | $2,600.00 | $2,390.00 |
| Monthly | $5,200.00 | $4,780.00 |
| Quarterly | $15,600.00 | $14,340.00 |
| Annual | $62,400.00 | $57,360.00 |
Based on your results — what to do next:
What actually lands in your bank account?
$62,400 gross is roughly $3,900/mo after federal, FICA, and state tax — run your exact state.
How much house does this buy?
Lenders cap housing at 28% of gross — about $1,456/mo on $62,400 of income.
What would a raise be worth?
A 5% bump on $62,400 adds $3,120/yr — see it across every pay period.
A salary calculator converts pay stated in one time period into every other time period — hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, and annual. Enter any one figure and this tool fills in the rest, then shows both an unadjusted result (all 52 weeks paid) and a holiday and vacation adjusted result, which is the number that actually reflects the days you work. All values are gross pay, before tax.
How Salary Conversion Works
Every conversion routes through one number: gross annual pay. The calculator converts your input to an annual figure, then divides it back out across each pay period.
① Hourly → Annual (unadjusted)
Annual = Hourly Rate × Hours per Week × 52
Example: $30 × 40 × 52 = $62,400
② Working days and hours per year (adjusted)
Working Days = (Days per Week × 52) − Holidays − Vacation
Working Hours = Working Days × (Hours per Week ÷ Days per Week)
Example: (5 × 52) − 11 − 10 = 239 days → 239 × 8 = 1,912 hours
③ Effective hourly rate for a salaried employee
Effective Hourly = Annual Salary ÷ Working Hours
Example: $62,400 ÷ 1,912 = $32.64/hr — higher than the $30/hr nominal rate, because paid time off is compensation for hours you did not work.
④ Splitting annual pay across pay periods
Weekly = Annual ÷ 52 | Bi-Weekly = Annual ÷ 26 | Semi-Monthly = Annual ÷ 24 | Monthly = Annual ÷ 12
Bi-weekly ≠ semi-monthly. Bi-weekly produces 26 checks; semi-monthly produces 24 larger ones.
| Variable | Meaning | Typical US Value |
|---|---|---|
| Hours/Week | Scheduled hours in a normal week | 40 |
| Days/Week | Days worked per week | 5 |
| Holidays | Company or federal holidays observed | 11 (federal) |
| Vacation/PTO | Paid or unpaid leave days per year | 10–15 |
| Work Hours/Yr | Full-time baseline before time off | 2,080 |
Worked Example — $30/hour, 40 hrs/week, 11 holidays + 10 PTO days
- Unadjusted annual: $30 × 40 × 52 = $62,400
- Bi-weekly check: $62,400 ÷ 26 = $2,400
- Monthly: $62,400 ÷ 12 = $5,200
- Working days after time off: 260 − 21 = 239 days (1,912 hours)
- If that time off is unpaid: $30 × 1,912 = $57,360 — a $5,040 pay cut
- If that time off is paid: effective rate = $62,400 ÷ 1,912 = $32.64/hr
💡 Pro-Tip
Never compare a contractor rate to a salary at face value. A $75,000 salaried job with 11 holidays and 15 PTO days is really $75,000 ÷ 1,872 working hours = $40.06/hr — plus the employer pays half your FICA (7.65%) and usually 10–20% more in health insurance and 401(k) match. A 1099 contractor charging $40/hr for the same work takes home dramatically less: no paid days off, and the full 15.3% self-employment tax. As a rule of thumb, a contractor needs roughly 1.3× to 1.5× the equivalent W-2 hourly rate just to break even. Run both sides before you accept or quote.
Salary Calculator FAQ
How much is $30 an hour annually?
$30/hour at 40 hours per week works out to $62,400 per year before taxes ($30 × 40 × 52). That is $5,200 per month, $2,400 bi-weekly, and $1,200 per week. If your holidays and vacation are unpaid, the realistic annual figure is closer to $57,360.
How much is $100,000 a year per hour?
$100,000 ÷ 2,080 hours = $48.08 per hour unadjusted. But if you get 11 holidays and 15 vacation days, you only work 1,872 hours, so your effective rate is $53.42 per hour. That gap is the cash value of your paid time off.
What is the difference between bi-weekly and semi-monthly pay?
Bi-weekly pays every two weeks — 26 checks a year, and two months each year contain three paychecks. Semi-monthly pays on fixed dates such as the 15th and last day — 24 checks a year, each about 8% larger. The annual total is identical; only the cash-flow rhythm differs.
Why are there 2,080 working hours in a year?
40 hours per week × 52 weeks = 2,080. It is the standard full-time baseline used by the Bureau of Labor Statistics, payroll systems, and virtually every HR compensation model. It deliberately ignores holidays and vacation, which is exactly why the adjusted column in this calculator exists.
Does this include taxes?
No — every figure is gross pay. Federal income tax, Social Security and Medicare (7.65% combined), state income tax, and benefit premiums come out afterward. Most US workers keep roughly 68–80% of gross. Use the paycheck calculator for an exact net figure by state.
How do I calculate my overtime rate?
Under the Fair Labor Standards Act, non-exempt employees earn 1.5× their regular rate for hours over 40 in a week. At $30/hour that is $45/hour. Some states (California among them) add daily overtime after 8 hours and double time after 12. This calculator shows both the 1.5× and 2× rates automatically.