Money & Salary
Pay Calculator
Convert yearly or hourly pay into every pay period, using your own hours and paid weeks. All figures are before tax.
- Runs in your browser
- Gross pay, before tax
Tell us about your pay
Your pay
Enter your salary
Type your yearly salary or hourly rate and every pay period appears here.
Your hourly rate
$24.04
- Annual
- $50,000.00
- Monthly
- $4,166.67
- Semi-monthly
- $2,083.33
- Bi-weekly
- $1,923.08
- Weekly
- $961.54
- Daily
- $192.31
Based on 2,080 paid hours a year
How it works
A is yearly pay (in hourly mode, A = hourly rate × hours per week × paid weeks). Figures are gross, worked out at full precision and rounded only for display.
- Hourly
- A ÷ (hours per week × paid weeks per year).
- Daily
- Hourly × hours per day.
- Weekly and bi-weekly
- Weekly = A ÷ paid weeks. Bi-weekly = 2 × A ÷ paid weeks, so it’s always exactly two weeks’ pay. Both are per paid week.
- Semi-monthly and monthly
- A ÷ 24 and A ÷ 12: these spread the year evenly, whatever your paid weeks.
- Worked example
- $50,000 a year, 40 hours a week, 8-hour days, 52 paid weeks: hourly $24.04, daily $192.31, weekly $961.54, bi-weekly $1,923.08, semi-monthly $2,083.33, monthly $4,166.67.
- Limits
- No tax, overtime rules or benefits are applied. Hours per day can’t exceed hours per week, and the week can’t have more than 7 working days.
Questions
What’s the difference between bi-weekly and semi-monthly pay?
Bi-weekly means every two weeks: 26 paydays in a 52-week year, worked out here as 2 × yearly pay ÷ paid weeks. Semi-monthly means twice a month: 24 paydays, so each one is yearly pay ÷ 24. The amounts differ, which is why both are shown.
Why do unpaid weeks change my hourly pay?
Your yearly pay is spread over the weeks you’re actually paid for. With fewer paid weeks, each paid hour is worth more: $50,000 over 52 weeks of 40 hours is $24.04 an hour, but over 48 weeks it’s $26.04.
Is this my take-home pay?
No. Every figure is gross pay, before tax and other deductions. For an estimate of take-home pay, use the UK Salary Calculator or the USA Salary Calculator.
How is daily pay worked out?
Daily pay is your hourly rate × the hours you work in a day. With 20 hours a week over 4-hour days, a day is 4 hours of pay, not 8. The helper under “Hours per day” shows how many working days a week that makes.