How do I work out my monthly wage from an hourly rate?

Multiply the hour by the hours you are paid for in a week and by the weeks you are paid for in a year, then divide by 12. At 20.00 an hour, 40 hours a week and 52 weeks, the year is 41,600.00 and the month is 3,466.67. The tool does both steps as you type, and the paid hours behind the figure, 2,080 in that example, are printed beside it.

Is a monthly wage the same as four weekly pay packets?

No. In this 52-week annualization, 800.00 a week is 41,600.00 a year, or 3,466.67 per average month, rather than 3,200.00. A dated weekly payroll can have four or five deposits in a month; the actual payroll calendar is not calculated here.

What is 48,000 a year a month?

4,000.00 gross a month. On a 40 hour week and 52 weeks that is also 923.08 a week and 23.08 an hour across 2,080 paid hours. Type 48000 in the Pay box with the Per control on Year and every one of those figures is on the page at once.

My payroll runs twice a month. Is that the same as every two weeks?

It is not. Twice a month is 24 pay days a year and every two weeks is 26, so 2,000.00 twice a month is 4,000.00 a month and 48,000.00 a year, while 2,000.00 every two weeks is 4,333.33 a month and 52,000.00 a year. Both are rows in the table, and the Per control has both, so you can enter whichever one your slip shows.

Is the monthly figure before or after what is held back?

Before. Every figure here is gross pay. What comes off a pay packet depends on where you live and what you have signed up to, and it changes from year to year, so this page converts the gross figure across periods and leaves the rest to your pay slip.

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 use this monthly wage calculator in the UK, Canada or Australia?

The conversion uses the amounts and paid schedule you enter in one currency. It does not compute the local tax, contributions or take-home pay that many regional salary searches ask for.

Monthly Wage Calculator

This page opens with the monthly figure in front. Enter what you are paid in any period, hourly, daily, weekly, every two weeks, twice a month or a year, and the month is the number in large type, with the year, the fortnight, the week and the hour on the strip under it. A month is not four weeks: 52 weeks over 12 months is 4.33 weeks in an average one, which is why 800.00 a week is 3,466.67 a month rather than 3,200.00. Every figure is gross pay, and the hours, days and weeks behind it are yours to set. Supplied extra hours and a rate multiplier can be included when the Per control is Hour. The monthly amount is total annualized gross pay divided by 12; it does not predict the number or dates of actual payroll deposits.

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.

50,960.00 a year

Average month: 4,246.67. 1 source.

24.50 an hour · 40 hours a week · 52 paid weeks4,246.67 a month50,960.00 a year · 4,246.67 a month · 2,123.33 twice a month · 1,960.00 every two weeks · 980.00 a week · 24.50 an hour

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.

Gross pay in each period, with the number of pay days a year behind it
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

A monthly figure3,800 a month, 40 hours a week
3,800.00 a month, at 40 hours a week over 52 weeks, is 45,600.00 a year, 876.92 a week and 21.92 an hour, across 2,080 paid hours. Every figure is pay before anything is held back.
A salary to an hourly rate68,000 a year, 37.5 hours a week
68,000.00 a year, at 37.5 hours a week over 52 weeks, is 5,666.67 a month, 1,307.69 a week and 34.87 an hour, across 1,950 paid hours. Every figure is pay before anything is held back.
Two weeks unpaid22.00 an hour, 50 of 52 weeks paid
22.00 an hour, at 40 hours a week over 50 paid weeks (52 weeks with 2 unpaid), is 44,000.00 a year, 3,666.67 a month and 880.00 a week, across 2,000 paid hours. Every figure is pay before anything is held back.
Supplied overtime20 an hour, 40 regular + 5 extra at 1.5
Base rate: 20.00 an hour, at 45 hours a week over 52 weeks, is 49,400.00 a year, 4,116.67 a month and 950.00 a week, across 2,340 paid hours. Every figure is pay before anything is held back. This includes 40 regular hours and 5 extra hours a week at 1.5 times the entered base rate. The hourly row is the blended gross rate across all paid hours, not the base rate.

Twice a month is not every two weeks. A payroll that pays on the 15th and the last day runs 24 times a year; one that pays every second Friday runs 26. The same salary therefore makes two different pay slips, and both are in the table above rather than one standing in for the other. Unpaid weeks come off the weeks you are paid for: enter them and the hourly, daily, weekly and fortnightly rows follow the shorter year, while a monthly or yearly figure stays the same money spread across fewer worked hours.

Gross pay, and only gross pay. There is no box on this page for anything held back from a pay packet, and no country, state or city setting, because the conversion is the same arithmetic everywhere and the amounts kept back are not. 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.

Common questions

How do I work out my monthly wage from an hourly rate?: Multiply the hour by the hours you are paid for in a week and by the weeks you are paid for in a year, then divide by 12. At 20.00 an hour, 40 hours a week and 52 weeks, the year is 41,600.00 and the month is 3,466.67. The tool does both steps as you type, and the paid hours behind the figure, 2,080 in that example, are printed beside it.
Is a monthly wage the same as four weekly pay packets?: No. In this 52-week annualization, 800.00 a week is 41,600.00 a year, or 3,466.67 per average month, rather than 3,200.00. A dated weekly payroll can have four or five deposits in a month; the actual payroll calendar is not calculated here.
What is 48,000 a year a month?: 4,000.00 gross a month. On a 40 hour week and 52 weeks that is also 923.08 a week and 23.08 an hour across 2,080 paid hours. Type 48000 in the Pay box with the Per control on Year and every one of those figures is on the page at once.
My payroll runs twice a month. Is that the same as every two weeks?: It is not. Twice a month is 24 pay days a year and every two weeks is 26, so 2,000.00 twice a month is 4,000.00 a month and 48,000.00 a year, while 2,000.00 every two weeks is 4,333.33 a month and 52,000.00 a year. Both are rows in the table, and the Per control has both, so you can enter whichever one your slip shows.
Is the monthly figure before or after what is held back?: Before. Every figure here is gross pay. What comes off a pay packet depends on where you live and what you have signed up to, and it changes from year to year, so this page converts the gross figure across periods and leaves the rest to your pay slip.
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 use this monthly wage calculator in the UK, Canada or Australia?: The conversion uses the amounts and paid schedule you enter in one currency. It does not compute the local tax, contributions or take-home pay that many regional salary searches ask for.

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.