How to Use This Calculator
Choose whether you want to convert from an hourly rate to an annual salary or from a salary to an hourly rate. Enter your pay amount, hours per week, and weeks per year. The calculator instantly shows your equivalent pay across all common pay periods.
Understanding Pay Periods
Bi-weekly means every two weeks (26 pay periods per year), while semi-monthly means twice per month (24 pay periods per year). These are often confused but result in different paycheck amounts. If you are paid bi-weekly, you'll receive two extra paychecks per year compared to semi-monthly.
Adjusting for Time Off
The default 52 weeks per year assumes no unpaid time off. If you take unpaid vacation or time off, reduce the weeks per year accordingly. For example, 50 weeks accounts for 2 weeks of unpaid vacation. Paid time off does not need to be subtracted since you are still earning during that time.
Overtime Considerations
This calculator assumes a flat hourly rate for all hours worked. If you regularly work overtime, keep in mind that overtime hours are typically paid at 1.5x your regular rate. To account for overtime, calculate your regular and overtime hours separately and add them together.