Salary Calculator - Convert Hourly, Monthly, Annual Salary Online Free
Salary Calculator - Convert between hourly, daily, weekly, monthly, and annual salary with holiday and vacation adjustments.
Salary Calculator
Calculation Notes:
- • Assumes 52 working weeks per year
- • Unadjusted: Ignores holidays and vacation
- • Adjusted: Accounts for holidays and paid vacation days
| Period | Unadjusted | Adjusted |
|---|---|---|
| Hourly | $50 | $45.19 |
| Daily | $400 | $361.54 |
| Weekly | $2,000 | $1,807.69 |
| Bi-weekly | $4,000 | $3,615.38 |
| Semi-monthly | $4,333.33 | $3,916.67 |
| Monthly | $8,666.67 | $7,833.33 |
| Quarterly | $26,000 | $23,500 |
| Annual | $104,000 | $94,000 |
Understanding Salary Calculations
What is a Salary Calculator?
A salary calculator converts compensation between different pay periods (hourly, weekly, monthly, annual). It helps you understand your total annual income from an hourly wage, or your effective hourly rate from a yearly salary.
Our calculator provides both unadjusted figures (assuming 52 full weeks of work) and adjusted figures (accounting for holidays and vacation days), giving you a realistic view of your actual earnings per working hour.
Unadjusted vs Adjusted Salary
Unadjusted salary assumes you work every scheduled day (260 weekdays per year at 5 days/week). This is the standard calculation most people use.
Adjusted salary accounts for holidays and vacation days. If you have 10 holidays + 15 vacation days, you actually work only 235 days. This shows your true effective hourly rate since you earn your annual salary in fewer working days.
Common Use Cases
Job Offer Comparison
Compare multiple job offers with different pay structures. Convert all offers to the same time period (e.g., annual) to make apples-to-apples comparisons.
Salary Negotiation
Calculate your target salary for negotiations. If you want to earn $100K/year, you need roughly $48/hour at 40 hours/week. Use this for contract or freelance rate discussions.
Budget Planning
Convert your annual salary to monthly income for budgeting. Understanding your monthly take-home helps plan expenses, savings, and financial goals effectively.
Freelance Rates
Convert your desired annual income to hourly freelance rates. Account for unpaid vacation, holidays, and non-billable hours to set competitive but sustainable rates.
Career Planning
Calculate salary growth needed to reach financial goals. If you earn $60K and want $80K, you need a $9.62/hour raise (at 40 hours/week).
Compensation Analysis
Understand your true compensation value. A $100K salary with 4 weeks vacation means you earn $416/day, not $385/day (if vacations weren't paid).
Salary Calculation Tips
Standard Working Assumptions
Most salary calculations assume a standard work year:
- 52 weeks per year (some years have 53, but 52 is standard)
- 40 hours per week for full-time employment (8 hours × 5 days)
- 260 weekdays per year (52 weeks × 5 days)
- 2,080 working hours per year (52 weeks × 40 hours)
Common Payment Frequencies
- Bi-weekly: Every 2 weeks (26 paychecks/year, 2-3 per month)
- Semi-monthly: Twice per month (24 paychecks/year, exactly 2 per month)
- Monthly: Once per month (12 paychecks/year)
- Weekly: Every week (52 paychecks/year)
Typical Holidays and Vacation
U.S. Federal Holidays: 10 days (New Year's, MLK Day, Presidents Day, Memorial Day, Juneteenth, Independence Day, Labor Day, Columbus Day, Veterans Day, Thanksgiving, Christmas)
Typical Vacation: 10-15 days for early career, 15-20 days mid-career, 20-25 days senior level. European countries often provide 25-30 days mandated by law.
Frequently Asked Questions
How do I convert hourly wage to annual salary?
Enter your hourly wage in the salary amount field, select 'per Hour' from the dropdown, and set your hours per week (typically 40). The calculator automatically displays your annual salary. For example, $50/hour × 40 hours/week × 52 weeks = $104,000/year.
What is the difference between unadjusted and adjusted salary?
Unadjusted salary assumes you work all 52 weeks without accounting for time off. Adjusted salary factors in holidays and vacation days you actually take off, showing your effective hourly rate when considering unpaid time off. For salaried employees, adjusted figures show the true value per working hour.
How many hours per week should I enter?
Enter your typical working hours per week. Standard full-time is 40 hours (8 hours/day × 5 days). Part-time might be 20-30 hours. If you work overtime regularly, include average overtime hours. The calculator uses this to convert between different pay periods accurately.
How do holidays affect my salary calculation?
Holidays reduce your actual working days per year. The U.S. has 10 federal holidays. If you enter 10 holidays, the adjusted salary shows your effective pay rate across 250 working days instead of 260. This is important for hourly workers or calculating true compensation value.
Should I include paid vacation days?
Yes, include all vacation days (paid or unpaid). The calculator shows how vacation time affects your effective hourly rate. For example, 15 vacation days means you work 245 days instead of 260, increasing your adjusted hourly rate since you earn the same annual amount in fewer working days.
How do I calculate my monthly salary from hourly wage?
Enter your hourly wage, select 'per Hour', and the calculator shows your monthly salary in the results. The calculation uses: Hourly rate × Hours per week × 52 weeks ÷ 12 months. For $50/hour at 40 hours/week, that's $50 × 40 × 52 ÷ 12 = $8,667/month.
What is semi-monthly pay?
Semi-monthly means you're paid twice per month (24 pay periods per year), typically on the 15th and last day. This differs from bi-weekly (every 2 weeks, 26 pay periods). Semi-monthly pay is your annual salary ÷ 24, while bi-weekly is annual ÷ 26.
Can I use this calculator for salary negotiations?
Yes! Use it to compare different salary offers by converting them to the same pay period. For example, compare a $100K/year salary offer with a $50/hour contract job. The calculator shows equivalent rates across all periods, helping you make informed decisions about total compensation.