How to Use the Salary Calculator

Enter your salary in any pay period and instantly see the equivalent amount in all other periods. This is useful for comparing job offers, understanding your total compensation, and planning your budget.

Quick Reference

• $15/hr = $31,200/year = $2,600/month = $600/week
• $20/hr = $41,600/year = $3,467/month = $800/week
• $25/hr = $52,000/year = $4,333/month = $1,000/week
• $30/hr = $62,400/year = $5,200/month = $1,200/week
• $40/hr = $83,200/year = $6,933/month = $1,600/week
• $50/hr = $104,000/year = $8,667/month = $2,000/week

Understanding Pay Periods

Employers use different pay schedules. Here is what each means:

• Annual (yearly): Your total salary for the year. This is the number used when discussing job offers.
• Monthly: Annual salary divided by 12. Common for salaried employees.
• Biweekly: Paid every two weeks (26 paychecks per year). The most common pay schedule in the US.
• Weekly: Paid every week (52 paychecks per year). Common for hourly workers.
• Hourly: Your rate per hour of work. Multiply by hours worked to get weekly pay.

How to Compare Job Offers

When comparing job offers, convert everything to annual salary for a fair comparison:

1. Convert hourly offers to annual: If one job offers $30/hr and another offers $65,000/year, convert: $30 x 40 x 52 = $62,400/year.
2. Factor in benefits: A salaried job with health insurance, 401(k), and PTO may be worth $10,000-20,000 more than the raw salary.
3. Consider overtime: An hourly job with regular overtime can pay more than a salaried position.

Converting Between Pay Periods

How to Calculate Your Raise

Got a raise? Use our Pay Raise Calculator to see your new salary across all pay periods.