Salary Calculator
Convert between different salary periods and calculate take-home pay
Formula Explanation
This calculator converts your annual salary into monthly, weekly, and hourly equivalents, making it easier to compare job offers or understand your compensation.
Formulas
Monthly Salary:
Monthly = Annual ÷ 12
Weekly Salary:
Weekly = Annual ÷ 52
Hourly Rate:
Hourly = Annual ÷ (Hours per Week × 52)
Where:
• 12 = number of months in a year
• 52 = number of weeks in a year
• Hours per Week = hours worked weekly (default: 40)
Step-by-Step Guide
Practical Example
Data:
- Annual Salary: $60,000
- Hours per Week: 40 hours
Step 1: Calculate Monthly Salary
Monthly = 60,000 ÷ 12 = $5,000
Step 2: Calculate Weekly Salary
Weekly = 60,000 ÷ 52 = $1,153.85
Step 3: Calculate Hourly Rate
Annual Hours = 40 × 52 = 2,080 hours
Hourly = 60,000 ÷ 2,080 = $28.85 per hour
Interpretation
With an annual salary of $60,000, you earn:
- $5,000 per month
- $1,153.85 per week
- $28.85 per hour worked
Frequently Asked Questions
Does this calculator consider taxes?
Why use 52 weeks and not 52.14?
How do I compare job offers?
What if I work part-time?
Can I calculate in the opposite direction?