Gross vs Net Pay
Gross salary is before taxes, Social Security, health insurance, and other deductions. Net (take-home) is what hits your bank account.
When comparing job offers, compare total compensation — base + bonus + equity + benefits — not just headline salary. A $90,000 offer with a 15% bonus and good health coverage may beat a $100,000 offer with no bonus and expensive insurance.
How to Convert Hourly to Annual Salary
A common full-time baseline:
Annual ≈ Hourly × Hours per week × Weeks per year
Example: $30/hr, 40 hrs/week, 52 weeks:
30 × 40 × 52 = $62,400 gross per year
Quick Hourly-to-Annual Reference
| Hourly Rate | Annual Salary (40h/wk) |
|---|---|
| $15/hr | $31,200 |
| $20/hr | $41,600 |
| $25/hr | $52,000 |
| $30/hr | $62,400 |
| $40/hr | $83,200 |
| $50/hr | $104,000 |
| $75/hr | $156,000 |
| $100/hr | $208,000 |
Adjust for unpaid leave, overtime, or 2,080 hours (40×52) if your contract uses that convention. For part-time workers, replace 40 with your actual weekly hours.
Annual to Hourly — Reverse Conversion
To find your hourly equivalent from an annual salary:
Hourly = Annual Salary / (Hours per week × 52)
Example: A $75,000 salary at 40 hrs/week:
75,000 / 2,080 = $36.06/hr
This is useful for comparing a salaried job to freelance or contract work. Remember that freelancers typically need to earn 25–40% more per hour than their salaried equivalent to cover self-employment taxes, health insurance, retirement contributions, and unpaid time off.
Monthly vs Biweekly Paychecks
Biweekly = every 2 weeks → 26 pay periods per year (sometimes 27 in odd years).
Semi-monthly = twice per month → 24 periods.
Monthly = gross annual ÷ 12 — but your cash flow differs from biweekly.
| Pay Schedule | Periods/Year | $60,000 per check |
|---|---|---|
| Weekly | 52 | $1,153.85 |
| Biweekly | 26 | $2,307.69 |
| Semi-monthly | 24 | $2,500.00 |
| Monthly | 12 | $5,000.00 |
$100k ÷ 12 is not the same monthly cash flow as $100k ÷ 26 pay periods — know your schedule.
How to Use This Salary Calculator
Enter hourly or annual (or monthly) and your hours per week. Convert between formats to compare offers, freelance rates, and part-time work on equal footing. The calculator instantly shows your salary broken down across all time periods — hourly, weekly, biweekly, monthly, and annually.