Convert salary between different pay periods. Calculate hourly, daily, weekly, monthly, and annual rates with customizable working hours.
Salary conversion allows you to understand your compensation across different time periods, making it easier to compare job offers, budget your finances, or negotiate pay rates. Whether you're paid hourly, weekly, monthly, or annually, understanding the equivalent rates helps you make informed financial decisions.
The standard calculation assumes 52 weeks per year and a typical 40-hour work week, resulting in 2,080 working hours annually (52 weeks × 40 hours). To convert annual salary to hourly rate: Hourly Rate = Annual Salary ÷ 2,080. To convert hourly to annual: Annual Salary = Hourly Rate × 2,080. These calculations can be adjusted for part-time work or different weekly hour schedules.
Average salaries vary significantly by industry, location, and experience level. Here are typical salary ranges across different career stages:
| Experience Level | Years | Annual Range | Hourly Range | Monthly Range |
|---|---|---|---|---|
| Entry Level | 0-2 years | $35,000 - $50,000 | $16.83 - $24.04 | $2,917 - $4,167 |
| Junior | 2-5 years | $50,000 - $70,000 | $24.04 - $33.65 | $4,167 - $5,833 |
| Mid-Level | 5-10 years | $70,000 - $100,000 | $33.65 - $48.08 | $5,833 - $8,333 |
| Senior | 10-15 years | $100,000 - $150,000 | $48.08 - $72.12 | $8,333 - $12,500 |
| Lead/Principal | 15-20 years | $150,000 - $200,000 | $72.12 - $96.15 | $12,500 - $16,667 |
| Executive | 20+ years | $200,000+ | $96.15+ | $16,667+ |
The number of hours you work per week significantly impacts your annual earnings. Here's how different work schedules affect annual salary for the same hourly rate:
| Work Schedule | Hours/Week | At $20/hour | At $30/hour | At $50/hour |
|---|---|---|---|---|
| Part-Time (20 hrs) | 20 | $20,800 | $31,200 | $52,000 |
| Part-Time (30 hrs) | 30 | $31,200 | $46,800 | $78,000 |
| Full-Time (40 hrs) | 40 | $41,600 | $62,400 | $104,000 |
| Extended (50 hrs) | 50 | $52,000 | $78,000 | $130,000 |
| Intensive (60 hrs) | 60 | $62,400 | $93,600 | $156,000 |
Note: Extended hours beyond 40/week may qualify for overtime pay (typically 1.5× regular rate), which would increase actual earnings.
Gross salary is your total earnings before any deductions. This is the amount typically quoted in job offers and employment contracts. It includes your base pay plus any bonuses, commissions, or other compensation.
Gross Salary Components:
Net salary is what you actually receive in your bank account after all deductions. This is typically 60-75% of your gross salary, depending on your tax bracket, location, and benefit elections.
Common Deductions:
Employee earns $75,000 annual salary working standard 40-hour weeks:
Result: Equivalent to $36.06/hour for 40-hour work week
Part-time worker earns $25/hour working 25 hours per week:
Result: $32,500 annual salary for 25-hour work week
Offer A: $90,000/year with 40-hour weeks vs Offer B: $50/hour with 35-hour weeks:
Result: Offer B provides higher pay with better work-life balance
Freelancer charges $100/hour, works 30 billable hours/week, 48 weeks/year:
Result: $144k gross becomes ~$93k net after taxes and expenses
Quick conversion reference for common hourly rates to annual salaries (based on 40-hour work week, 52 weeks):
| Hourly Rate | Weekly | Monthly | Annual |
|---|---|---|---|
| $15/hour | $600 | $2,600 | $31,200 |
| $20/hour | $800 | $3,467 | $41,600 |
| $25/hour | $1,000 | $4,333 | $52,000 |
| $30/hour | $1,200 | $5,200 | $62,400 |
| $40/hour | $1,600 | $6,933 | $83,200 |
| $50/hour | $2,000 | $8,667 | $104,000 |
| $75/hour | $3,000 | $13,000 | $156,000 |
| $100/hour | $4,000 | $17,333 | $208,000 |
Calculate gross and net profit margins
Calculate markup percentage
Calculate break even point
Calculate sales commission
Convert hourly to annual salary
Calculate freelance hourly rate