Annual Wage Calculator
Type what you are paid in any one period and every other period answers at once: the hour, the day, the week, every two weeks, twice a month, the month and the year, all from the same gross figure. The working year is yours to set rather than ours to assume, so hours a week, days a week, weeks a year and any weeks you are not paid for are boxes on the page instead of a fixed calendar that only holds in one country. Twice a month and every two weeks both appear, 24 pay days a year against 26 in a full 52 week year, because the same salary makes two different pay slips. Every figure is gross pay, there is no box here for anything held back from a pay packet, and the whole calculation runs in your browser. For an hourly base rate, you can enter extra paid hours and their agreed multiplier; the hourly result then becomes a blended rate across all paid hours. The existing gross income worksheet totals separately annualized jobs and other supplied gross amounts in one currency. Monthly figures are annualized averages rather than a dated payroll calendar.
Total gross income from multiple sources
Source 1 uses the pay and schedule below. Add other supplied gross amounts with their own schedules, in the same currency. The total has no combined hourly rate because the jobs can have different hours.
Average month: . 1 source.
- Pay
- Per
- Hours a week
- Days a week
- Weeks a year
- Unpaid weeks
- Show
- Extra paid hours a week
- Extra-hours rate multiplier
For supplied overtime, enter regular hours above and extra paid hours here. A 1.5 multiplier is an editable example, not a determination of your agreed rate or entitlement. With extra hours, the hourly result is a blended gross rate.
Leave a box empty to use the default working year: 40 hours over 5 days, 52 weeks, none of them unpaid.
24.50 an hour, at 40 hours a week over 52 weeks, is 50,960.00 a year, 4,246.67 a month and 980.00 a week, across 2,080 paid hours. Every figure is pay before anything is held back.
- A year
- 50,960.00
- A month
- 4,246.67
- A week
- 980.00
- An hour
- 24.50
- Paid weeks
- 52
- Paid hours a year
- 2,080
- Hours a day
- 8
The same pay, every period
One year of pay written seven ways. Each row is the year divided by its own count of pay days, so every row multiplies back to the same year.
| Period | Gross pay | Pay days a year | Where that count comes from |
|---|---|---|---|
| Per hour | 24.50 | 2,080 | hours a week x paid weeks |
| Per day | 196.00 | 260 | days a week x paid weeks |
| Per week | 980.00 | 52 | one for every paid week |
| Every two weeks | 1,960.00 | 26 | two paid weeks at a time |
| Twice a month | 2,123.33 | 24 | 24 pay days, two a month |
| Per month | 4,246.67 | 12 | 12 pay days, one a month |
| Per year | 50,960.00 | 1 | the whole year |
The monthly amount is an annualized average, not the actual payroll calendar or a prediction of each deposit. Extra-hour inputs apply only to an entered hourly base rate.
Worked examples
Common questions
- How do I work out my annual wage from an hourly rate?
- Multiply the hourly figure by the hours you are paid for in a week, then by the weeks you are paid for in a year. At 20.00 an hour over a 40 hour week and 52 weeks that is 2,080 paid hours, so the year comes to 41,600.00, the month to 3,466.67 and the week to 800.00. The hours box is what the answer hangs on: put 37.5 in it and the same 20.00 an hour becomes 39,000.00 a year, because the year now holds 1,950 paid hours.
- What do unpaid weeks change?
- They come off the weeks you are paid for. Enter two and the year runs on 50 paid weeks, so 20.00 an hour is 40,000.00 a year rather than 41,600.00 and the paid hours fall from 2,080 to 2,000. Against a salary it works the other way round: 60,000.00 a year with two unpaid weeks is still 60,000.00, but it is spread across 2,000 paid hours, so the hourly figure rises from 28.85 to 30.00. Nothing is assumed. The page carries no calendar of days off, so any week you do not enter is treated as paid.
- Does this show take-home pay?
- No, and that is deliberate. Every figure on the page is gross: pay before anything is held back. What is kept back depends on where you live, what you have signed up to and figures that are revised every year, so a page that guessed at them would be wrong for most of the people reading it, while the conversion between pay periods is the same arithmetic everywhere. Use the gross figures here, and read a pay slip for what actually lands.
- What is the difference between biweekly and semimonthly pay?
- Biweekly means every two weeks, which is 26 pay days in a 52 week year. Semimonthly means twice a month, which is 24. The gap is real money on every slip: 2,000.00 every two weeks is 52,000.00 a year, while 2,000.00 twice a month is 48,000.00. Both rows sit one under the other in the table, so the one your payroll actually runs is never mistaken for the other.
- How do I get an hourly rate out of a salary?
- Set the Per control to Year, type the salary, and read the hourly row. 60,000.00 a year over a 40 hour week and 52 weeks is 28.85 an hour, because the year holds 2,080 paid hours. A 37.5 hour week holds 1,950, so 68,000.00 a year works out at 34.87 an hour rather than the 32.69 a page that assumed 40 hours would hand you.
- Is anything saved or sent?
- Nothing is sent anywhere: the whole calculation happens in your browser and there is no account to make. The boxes you filled in are kept in this browser's own storage so the page is still set up when you come back, and clearing your browser data clears them.
- Can I include overtime in annual or monthly gross wages?
- Yes, when you enter an hourly base rate. Put regular paid hours in the main hours box, extra paid hours in the extra-hours box and the agreed rate multiplier beside it. At 20.00, 40 regular hours, 5 extra hours and a supplied 1.5 multiplier over 52 paid weeks, gross pay is 950.00 a week, 49,400.00 a year and 4,116.67 per average month. The hourly row is the blended 21.11 across 45 paid hours. The calculator does not decide your overtime entitlement or rate.
- Can I total gross annual income from multiple jobs?
- Open Total gross income. Source 1 uses the main pay and schedule; each added source has its own pay period, paid hours, days, weeks and unpaid weeks. A 60,000.00 annual salary plus 20.00 an hour for 10 hours a week over 50 paid weeks totals 70,000.00 a year. Enter all amounts in the same currency; there is no exchange-rate conversion or shared hourly rate.
- Does the calculator know the current minimum wage or a regional payroll rule?
- No. Enter a rate you already know to annualize it. The page does not supply current legal rates, check pay compliance or compute tax, AGI, MAGI or employer bonus eligibility.
Gross-pay arithmetic from supplied amounts, schedules and any extra-hours multiplier, rounded to two decimal places. It does not determine tax, deductions, overtime entitlement or employer rules; calendar figures are annualized averages.