Hourly to salary, and back
To turn an hourly wage into a yearly salary, multiply by hours per week and by 52 weeks. To go the other way, divide. This calculator converts to every common pay period at once, including biweekly (26 paychecks a year) and semimonthly (24 paychecks).
Why there's an adjusted column
If you're paid hourly, unpaid holidays and vacation lower what you actually earn in a year. If you're salaried, your pay stays the same but you work fewer days, so each hour you actually work is worth more. The adjusted column accounts for your holidays and vacation days so you can compare a salaried offer with an hourly one fairly.
Example
$30 an hour at 40 hours a week is $62,400 a year, $5,200 a month, or $2,400 every two weeks, before taxes.
Frequently asked questions
Is biweekly the same as twice a month?
No. Biweekly is every two weeks, which is 26 paychecks a year. Semimonthly is twice a month, which is 24 paychecks. Biweekly checks are slightly smaller, but two months a year have three of them.
Does this include taxes?
No, these are gross pay figures. Use the income tax calculator to estimate federal tax.