How pay periods convert
Every figure is worked out through a full year of 52 weeks, so the numbers always agree with each other:
- Yearly = hourly rate x hours per week x 52
- Monthly = yearly / 12
- Every two weeks = yearly / 26
- Weekly = yearly / 52
- Daily = weekly / days worked per week
Enter any amount, choose how often it is paid, and set your usual hours and days. The calculator fills in every other period.
Worked examples
Hourly to yearly. $25 an hour at 40 hours a week is 25 x 40 x 52, which is $52,000 a year, or about $4,333 a month.
Yearly to hourly. A job offer of $75,000 a year at 37.5 hours a week works out to 75,000 / 52 / 37.5, about $38.46 an hour.
Part time. $18 an hour for 24 hours a week over three days comes to $22,464 a year and $144 per working day.
Common hourly rates as yearly pay
| Hourly | 40 hours a week | 37.5 hours a week |
|---|---|---|
| $15 | $31,200 | $29,250 |
| $20 | $41,600 | $39,000 |
| $30 | $62,400 | $58,500 |
| $40 | $83,200 | $78,000 |
| $50 | $104,000 | $97,500 |
Before you compare two offers
These are gross figures before tax. Two offers with the same salary can leave very different amounts in your account once you count unpaid overtime, a commute, health cover, pension matching and paid leave. If one job pays hourly and the other is salaried, convert both to the same period here first, then add the value of the benefits on top. If you work for yourself, use the hourly rate calculator instead, since freelancers cannot bill every hour they work.