Convert between hourly, daily, weekly, monthly, and annual salary with deductions
Our free Salary Calculator helps you understand exactly what your compensation is worth across every time period — hourly, daily, weekly, monthly, and annually. Enter your pay rate in any format and instantly see the equivalent in all others, along with a full breakdown of gross income, taxes, overtime, bonuses, and net take-home pay.
Whether you're evaluating a job offer, negotiating a raise, or simply trying to understand your paycheck, this tool gives you the complete financial picture in seconds.
A salary calculator is a tool that converts compensation figures between different time periods and calculates the impact of taxes and deductions on your actual take-home pay. Most job offers are quoted as either an hourly rate or an annual salary, but understanding what that means on a weekly or monthly basis — and what you'll actually receive after deductions — requires several calculations that this tool handles automatically.
This calculator goes beyond simple conversion. It accounts for overtime pay at a configurable multiplier, annual bonuses, estimated tax rates, and monthly deductions like health insurance or retirement contributions. The result is a comprehensive view of your total compensation and what portion of it you actually keep.
All calculations are performed instantly in your browser as you adjust any input. There's no need to click a calculate button — the results update in real time, making it easy to explore different scenarios like "what if I work 5 hours of overtime per week?" or "how much does a 5% raise change my monthly take-home?"
For the most accurate net pay estimate, use your effective tax rate rather than your marginal rate. Your effective rate is your total tax paid divided by your total income — it's typically lower than your marginal (top bracket) rate. You can find your effective rate on last year's tax return. Remember that this calculator provides an estimate; your actual withholding may differ based on filing status, deductions, and other factors.
When evaluating job offers, don't forget to factor in benefits as part of total compensation. Health insurance, retirement matching, paid time off, and other perks have real monetary value. A job with a slightly lower salary but better benefits may actually be worth more in total compensation than a higher-paying offer with minimal benefits.
If you're a freelancer or contractor, set your weeks per year to account for unpaid time off, slow periods, and time spent on non-billable work. Using 48 or 46 weeks instead of 52 gives a more realistic picture of your actual annual earnings from billable hours.
Most salary calculators online are either too simple (just hourly-to-annual conversion) or too complex (requiring you to enter detailed tax information for a specific country or state). Our calculator hits the sweet spot — it handles overtime, bonuses, and deductions without requiring you to know your exact tax bracket or filing status. Just enter an estimated tax rate and get a useful approximation.
The real-time update feature makes it easy to run "what-if" scenarios quickly. Want to see how working 45 hours instead of 40 affects your annual income? Just change the hours field and the results update instantly. This kind of interactive exploration is much faster than using a static calculator that requires you to re-submit a form for every change.
Everything runs locally in your browser with no data sent to any server. Your salary information is private and stays on your device.
Your privacy is our priority. All processing happens entirely in your browser using JavaScript. No files, data, or inputs are ever uploaded to any server. Everything stays on your device, making this tool completely safe to use with sensitive content.
Divide annual salary by 2080 (52 weeks x 40 hours). For example, $52,000 / 2080 = $25/hour. For part-time work, divide by your actual annual hours. This calculator handles the conversion automatically for different work schedules.
Gross salary is your total pay before any deductions. Net salary (take-home pay) is what you receive after income tax, Social Security, Medicare, health insurance premiums, and other deductions are subtracted. The difference can be 20-40% depending on your tax bracket and benefits.
Effective tax rate = total tax paid / gross income x 100. This differs from your marginal tax rate (the rate on your last dollar of income). Most people's effective rate is significantly lower than their marginal rate because lower income brackets are taxed at lower rates.
Salary is your base pay. Total compensation includes salary plus benefits: health insurance, retirement contributions (401k match), paid time off, bonuses, stock options, and other perks. When comparing job offers, always compare total compensation, not just base salary.
The 50/30/20 rule suggests: 50% for needs (housing, food, utilities), 30% for wants (entertainment, dining out), 20% for savings and debt repayment. For retirement, aim to save at least 15% of gross income including any employer match.