Salary Calculator
Enter Your Wage Information
Conversion Results
Hourly Rate
Daily Rate
Weekly Rate
Monthly Salary
Annual Salary
Assumptions: Calculations based on 8 hours/day, 5 days/week, and 52 weeks/year. Monthly salary calculated as annual salary divided by 12.
| Date | Wage Type | Amount | Hourly Rate | Annual Salary | Currency | Actions |
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Salary Calculator: Your Complete Guide
Learn how to convert between hourly, daily, weekly, monthly, and annual wages with formulas, examples, and our interactive calculator
Have you ever wondered how much that $25/hour job really pays per year? Or what a $60,000 annual salary works out to per hour? Understanding how wages convert between different time periods is essential for job hunting, salary negotiations, and personal financial planning.
This comprehensive guide will walk you through everything you need to know about wage conversions, complete with real examples, simple formulas, and our interactive calculator that does all the math for you.
Try Our Salary Calculator
Convert between hourly, daily, weekly, monthly, and annual wages in seconds. Supports 50+ currencies with history tracking!
Why Wage Conversion Matters
Different jobs pay in different ways. Some pay hourly, others pay weekly or monthly, and many professional positions quote annual salaries. Being able to convert between these formats helps you:
- Compare job offers fairly (hourly vs. salary positions)
- Budget accurately for monthly expenses
- Negotiate better by understanding all the numbers
- Plan your finances regardless of pay frequency
- Understand your true earnings after accounting for hours worked
Key Conversion Formulas
At its core, wage conversion is simple math. Here are the basic formulas:
Hourly to Annual Formula
Annual to Hourly Formula
Monthly Calculation
Note: Some months have different numbers of working days, so this is an approximation
Standard Working Assumptions
Most wage calculations use these standard assumptions unless otherwise specified:
| Assumption | Standard Value | Typical Range | Notes |
|---|---|---|---|
| Hours per Day | 8 hours | 7.5 - 9 hours | Full-time workday including lunch |
| Days per Week | 5 days | 4 - 6 days | Monday to Friday schedule |
| Weeks per Year | 52 weeks | 48 - 52 weeks | Includes vacation time |
| Months per Year | 12 months | Always 12 | For salary calculations |
Pro Tip: Adjust for Your Reality
Our calculator lets you customize all these assumptions. If you work 4 days a week or 9 hours a day, simply adjust the inputs for accurate results tailored to your situation.
Real-World Conversion Examples
Example 1: Hourly to Annual
Situation: You're offered $25 per hour for a full-time position
- Hourly rate: $25
- Hours per day: 8
- Days per week: 5
- Weeks per year: 52
That $25/hour job pays about $52,000 per year!
Example 2: Annual to Hourly
Situation: Job offer of $65,000 annual salary
- Annual salary: $65,000
- Hours per day: 8
- Days per week: 5
- Weeks per year: 52
A $65,000 salary equals about $31.25 per hour for a standard workweek.
Features of Our Salary Calculator
50+ Currencies
Calculate in your local currency - from US Dollars to Japanese Yen, Euro, and more. We handle all the currency symbols and formatting.
History Tracking
Save your calculations and compare different scenarios. Perfect for job offer comparisons or tracking salary growth over time.
Export Options
Save results as PDF, HTML, or text files. Great for sharing with financial advisors or including in job offer negotiations.
Customizable Assumptions
Adjust hours per day, days per week, and weeks per year to match your actual work schedule.
How to Use the Calculator (Step by Step)
Step 1: Enter Your Wage Amount
Enter the wage amount you know. This could be:
- Hourly rate: e.g., $25 per hour
- Daily rate: e.g., $200 per day
- Weekly salary: e.g., $1,000 per week
- Monthly salary: e.g., $4,500 per month
- Annual salary: e.g., $65,000 per year
Step 2: Select Wage Type
Choose the time period that matches your input. The calculator will convert FROM this type TO all other types.
Step 3: Adjust Work Assumptions (Optional)
Customize these if your schedule differs from standard:
- Hours per day: Standard is 8, but adjust for part-time or overtime
- Days per week: Standard is 5 (Monday-Friday)
- Weeks per year: Standard is 52, but adjust for unpaid time off
Step 4: Select Currency
Choose from 50+ currencies. The calculator will use the correct currency symbol and formatting.
Step 5: Calculate and Save
Click "Calculate Wages" to see all conversions. Use "Save to History" to keep a record for later comparison.
Quick Tip: Auto-Save Feature
Our calculator automatically saves your inputs as you type. No need to worry about losing your data if you close the browser!
Common Conversion Scenarios
For Job Seekers
When comparing job offers:
- Hourly vs. Salary: Convert both to annual to compare fairly
- Part-time vs. Full-time: Adjust hours per week for accurate comparison
- Contract vs. Permanent: Account for benefits and paid time off
For Freelancers
When setting your rates:
- Project pricing: Calculate hourly rate needed to reach income goals
- Daily rates: Convert to annual to see if you're on track
- Vacation planning: Adjust weeks per year for unpaid time off
Frequently Asked Questions (15 Common Questions)
Understanding the Math Behind Wage Conversion
While our calculator handles all the math for you, understanding the principles helps you make better financial decisions:
- Hourly perspective helps value your time for side gigs or overtime decisions
- Annual perspective is crucial for long-term financial planning
- Monthly perspective aligns with most bill cycles and budgeting
- Weekly perspective helps with short-term cash flow management
Final Tip: Beyond the Numbers
Remember that compensation includes more than just wages. Consider benefits, work-life balance, growth opportunities, and job satisfaction alongside the numbers from our calculator.
Whether you're negotiating a new job, planning a career change, or just trying to understand your current earnings better, our Salary Calculator gives you the clear, accurate information you need to make informed decisions about your financial future.