Salary Calculator

Convert between hourly, daily, weekly, biweekly, monthly, and annual salary. Enter any field and all others update instantly.

Convert salary between all pay periods

Whether you are comparing a job offer, negotiating a salary, or trying to understand your true hourly rate, this salary calculator instantly converts between all common pay periods. Type in your hourly rate to see annual salary, or enter your annual salary to find your equivalent hourly wage. The federal tax estimate gives you a rough sense of your take-home pay based on 2026 brackets. All calculations run in your browser — your data never leaves your device.

Frequently Asked Questions

How do I convert hourly to annual salary?

To convert hourly to annual salary: multiply your hourly rate by hours per week, then by weeks per year. The standard formula is hourly × 40 hours × 52 weeks = annual salary. For example, $20/hour × 40 × 52 = $41,600 per year. This salary calculator converts between all pay periods instantly.

How much is $20 an hour annually?

$20 per hour equals $41,600 per year working standard full-time hours (40 hours/week, 52 weeks/year). After accounting for 10 vacation days, it is approximately $40,800 per year. Before taxes, the biweekly paycheck at $20/hour would be about $1,600.

How many hours are in a work year?

A standard work year has 2,080 hours (40 hours × 52 weeks). After subtracting 10 federal holidays and typical vacation days, many people work approximately 1,920–2,000 hours per year. Our salary calculator lets you input your actual hours per week and vacation days for a more accurate conversion.

What is biweekly vs semimonthly pay?

Biweekly pay is issued every two weeks — 26 paychecks per year. Semimonthly pay is issued twice per month — 24 paychecks per year. Biweekly employees receive a third paycheck in two months each year. At the same annual salary, biweekly paychecks are slightly smaller than semimonthly ones but you get two extra per year.

How do I calculate overtime pay?

Under federal law (FLSA), overtime is paid at 1.5× your regular hourly rate for all hours worked beyond 40 in a week. If you earn $20/hour, your overtime rate is $30/hour. Some states have daily overtime rules. Overtime is calculated on the regular rate before any bonuses or supplemental pay.