Hourly to salary: how to compare pay quoted in different ways
How hourly, daily, weekly, monthly and yearly pay convert into each other, why hours and paid weeks matter, and how to compare job offers with the salary converter.
Open the Salary converter Free, in your browser, nothing uploaded.
One job advert says 30 an hour, another says 58,500 a year, and a third quotes a monthly figure. They cannot be compared until they are in the same unit. The salary converter converter takes any one pay figure and shows it per hour, day, week, two weeks, month and year, using your own hours and the number of weeks you are actually paid. It can also add regular overtime. It suits job seekers, contractors, shift workers and students with part-time jobs, and it is general education, not personal advice. All figures are before tax. Once you know your pay per month, plan your spending with the budget planner; to compare two offers as a percent, use the percentage calculator; and for overtime that changes week to week, the overtime goes into more detail.
What it is
Every pay figure is the same thing measured over a different stretch of time. The link between them is your working pattern:
yearly pay = hourly pay × hours a week × paid weeks a year
- Hours a week is your usual paid hours.
- Paid weeks a year is 52 if you are paid all year, including paid holidays. Lower it only for time off that is unpaid.
From the yearly figure the rest follow:
- monthly pay = yearly pay ÷ 12
- weekly pay = hourly pay × hours a week
- two-week (biweekly) pay = weekly pay × 2
- daily pay = weekly pay ÷ working days a week
Overtime is extra hours paid at a multiple of your normal rate. “Time and a half” is 1.5 times; “double time” is 2. The converter adds overtime hours × hourly pay × multiple to each week, then scales it up the same way.
Notice that monthly pay is a twelfth of the year, not four weeks. A year has about 4.33 weeks per month, so “weekly × 4” undercounts a monthly salary.
How to use it
- Pick a currency, then choose what you know under “I know my”: hourly, daily, weekly, biweekly, monthly or yearly pay.
- Type the amount.
- Set your hours a week, working days a week and paid weeks a year.
- If you work regular overtime, enter the overtime hours a week and what multiple of your pay they earn.
- Read the four boxes (hourly, monthly, yearly and yearly with overtime) and the table, which lists every period with regular pay and, when you add overtime, with overtime too.
The results change as you type. If a value is out of range, such as more than 168 hours a week or more than 52 paid weeks, a short message says what to fix.
A worked example
Amira has two offers.
Offer A is 58,500 a year for 37.5 hours a week, 5 days a week, paid all 52 weeks. The converter gives:
- Hourly: 58,500 ÷ (52 × 37.5) = 30.00
- Weekly: 30 × 37.5 = 1,125.00
- Daily: 1,125 ÷ 5 = 225.00
- Two weeks: 2,250.00
- Monthly: 58,500 ÷ 12 = 4,875.00
Offer B is 28 an hour for 40 hours a week, but only 50 paid weeks, because two weeks of the year are unpaid shutdown. It also has about 4 overtime hours a week at 1.5 times.
- Weekly regular pay: 28 × 40 = 1,120.00
- Yearly regular pay: 1,120 × 50 = 56,000.00, about 4,666.67 a month
- Overtime: 4 × 28 × 1.5 × 50 = 8,400.00 a year
- Yearly with overtime: 56,000 + 8,400 = 64,400.00, about 5,366.67 a month
So Offer A pays more per hour and more on its base, while Offer B only comes out ahead if the overtime really happens, and it asks for 2.5 more hours each normal week plus the overtime.
Where it is used
- Comparing job offers. Put every offer in hourly and yearly terms before you weigh other benefits.
- Freelance and contract rates. Work back from the yearly income you want to an hourly rate, remembering you may have fewer paid weeks.
- Part-time and student jobs. See what a few shifts a week add up to over a term or a year.
- Rental and loan forms. Many ask for monthly or yearly income; the converter gives a consistent figure.
- Pay talks. A raise from 26 to 27.50 an hour is easier to judge as a yearly sum.
Common mistakes
- Treating before-tax pay as take-home. Income tax, social contributions and pension deductions come off. Use a tax tool for your country and check the official source.
- Lowering paid weeks for paid holidays. If holidays are paid, they are paid weeks. Only cut the number for unpaid time off.
- Multiplying weekly pay by 4 for a month. This misses about four weeks a year. Use the monthly figure the converter shows.
- Assuming overtime is guaranteed. Count overtime separately and judge the offer on its base pay first.
- Assuming every job pays overtime. Whether salaried staff earn overtime depends on the law where you work and your contract.
Questions people ask
How do I turn a daily rate into a salary? Choose daily pay, enter the rate, and set your working days a week and paid weeks. The yearly box shows the total.
Why does my hourly figure change when I change days a week? It only changes if you started from daily pay, because the day’s pay is spread over the week’s hours.
Is biweekly the same as twice a month? No. Biweekly is every two weeks, 26 pays a year. Twice a month is 24 pays, so each is a little larger.
What hours should a salaried worker enter? Your contracted hours. If you regularly work more unpaid, try those hours too to see your real hourly rate.
Sources
- Plain arithmetic: yearly pay = hourly pay x hours a week x paid weeks a year; monthly pay is a twelfth of yearly pay. The worked example was checked with node.
- Overtime rules, minimum wages and paid holiday rights differ by country, region and contract. Check the official source, such as your government's labour department.
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