How to use the salary converter
Enter an amount and choose what it's paid per: hour, day, week, two weeks, half month, month or year. Every other pay period is calculated instantly. Adjust the hours per week for part-time work or overtime-heavy jobs. Enter unpaid weeks off if you're a contractor or hourly worker who doesn't get paid vacation.
Salary conversion formulas
Hourly = Annual salary ÷ (Hours per week × Paid weeks per year)
Annual = Hourly × Hours per week × Paid weeks per year
A full-time year is usually counted as 2,080 hours (40 hours × 52 weeks). Monthly pay is the annual amount ÷ 12, and bi-weekly pay is the annual amount ÷ 26.
Common salary to hourly conversions (40 hrs/week)
| Annual salary | Hourly | Monthly |
|---|---|---|
| $30,000 | $14.42 | $2,500 |
| $40,000 | $19.23 | $3,333 |
| $50,000 | $24.04 | $4,167 |
| $60,000 | $28.85 | $5,000 |
| $75,000 | $36.06 | $6,250 |
| $100,000 | $48.08 | $8,333 |
| $150,000 | $72.12 | $12,500 |
Comparing a job offer?
When comparing an hourly job with a salaried one, look beyond the base pay. Paid time off, health insurance, retirement matching and overtime eligibility can easily be worth 20%–30% of salary. A salaried role at $55,000 with great benefits may beat an hourly role that converts to $60,000 without them.