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Free Online Salary Calculator

Convert between hourly, daily, weekly, monthly, and annual salary. Compare job offers, calculate freelance rates, and plan your budget with accurate income breakdowns.

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How Salary Conversion Works

Salary conversion translates income between different time periods. The standard assumptions are: 40 hours per week, 52 weeks per year (2,080 working hours annually), and approximately 21.67 working days per month.

To convert annual to hourly: divide by 2,080. To convert hourly to annual: multiply by 2,080. Monthly salary is annual divided by 12. These are gross figures, before taxes, insurance, and other deductions.

The reality is more nuanced. Salaried employees often work more than 40 hours without extra pay. Freelancers need to account for unbillable hours (admin, marketing, vacation). A common rule of thumb is that only 60-70% of a freelancer's time is billable. This tool gives you the mathematical conversion; factor in your actual working patterns for a realistic comparison.

When You Need a Salary Calculator

Comparing job offers with different pay structures

One job offers $85,000/year, another offers $45/hour. Which pays more? Convert both to the same basis (annual: $45 × 2,080 = $93,600) for an apples-to-apples comparison.

Setting freelance or consulting rates

If you want to earn the equivalent of a $100K salary as a freelancer, you need to charge more than $48/hour to cover self-employment tax, benefits, and unbillable time. This tool helps you find your target rate.

Monthly budgeting from annual salary

Your offer letter says $72,000/year. That's $6,000/month gross, but after taxes and deductions, your take-home might be $4,500. Knowing the monthly figure is the starting point for budgeting rent, savings, and expenses.

Tips for Salary Comparisons

1

Compare total compensation, not just base salary

Benefits like health insurance ($5,000-$20,000/year value), retirement matching (3-6% of salary), stock options, and PTO days all have monetary value. A lower salary with great benefits might be worth more overall.

2

Account for taxes in different structures

Freelancers pay self-employment tax (15.3% in the US) on top of income tax. A $100/hour freelance rate is not equivalent to a $100/hour W-2 job. The freelancer keeps less after taxes.

3

Factor in actual working hours

The standard 2,080 hours/year assumes exactly 40 hours/week with no vacation. If you get 3 weeks PTO, your effective hourly rate on a salary is higher (2,080 - 120 = 1,960 actual hours). If you regularly work 50-hour weeks, your effective rate is lower.

Limitations

  • Converts between hourly, weekly, biweekly, monthly, and annual salary using standard work hours (40hr/week, 52 weeks). Does not account for overtime or variable schedules.
  • Does not calculate taxes, deductions (401k, health insurance), or net take-home pay. Shows gross amounts only.
  • Assumes full-time employment (2080 hours/year). Part-time or contract calculations need manual adjustment.
  • Does not factor in benefits value (health insurance, PTO, retirement matching) which can add 20-40% to total compensation.

Features

  • Convert between hourly, daily, weekly, biweekly, monthly, and annual
  • Adjustable hours per week and weeks per year
  • Side-by-side comparison for multiple scenarios
  • Clear breakdown of all time period equivalents
  • Your data stays local. Nothing leaves the browser
  • Free, no signup required

Frequently Asked Questions

How do you calculate hourly rate from annual salary?

Divide the annual salary by 2,080 (40 hours × 52 weeks). For example, $80,000/year ÷ 2,080 = $38.46/hour. You can adjust the hours per week if you work a non-standard schedule.

Does this include taxes?

No. All figures are gross (before tax). Tax rates vary significantly by location, filing status, and deductions. Use this tool for the base conversion, then apply your specific tax rate for take-home estimates.

How should freelancers use this calculator?

Start with your desired annual income, then divide by your realistic billable hours (not 2,080, more like 1,200-1,500 for most freelancers after accounting for admin, marketing, vacation, and sick time). This gives you the hourly rate you need to charge.

What about overtime pay?

The calculator uses straight-time rates. In the US, non-exempt employees earn 1.5× their hourly rate for hours over 40/week. If you regularly work overtime, your effective annual income is higher than the base calculation shows.

Is my salary information private?

Yes. All calculations happen in your browser. No salary data, inputs, or results are sent to any server or stored anywhere. Your financial information stays completely private.

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Your Privacy

All calculations happen entirely in your browser. No data is uploaded to any server. Your salary information never leaves your device.

In-Depth Guide

Salary Calculations: Gross vs Net, Tax Brackets, and Take-Home Pay

The math behind your paycheck: how progressive tax brackets work, what deductions reduce your taxable income, and why a raise doesn't always feel like one.

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