How to Use This Calculator
- Enter your annual compensation: Input total yearly base pay.
- Customize work hours: Defaults to 40 hours per week and 52 weeks per year.
- View all wage periods: Compare hourly, daily, weekly, and monthly rates.
Formula and Calculation Steps
Hourly Rate = Annual Salary ÷ (Hours/Week × Weeks/Year)
Biweekly Pay = Annual Salary ÷ 26
Monthly Pay = Annual Salary ÷ 12
Overtime Rate = Hourly Rate × 1.5Worked Examples and Reference Table
| Annual Salary | Hourly Rate (40 hrs/wk) | Biweekly Pay | Monthly Pay |
|---|---|---|---|
| $35,000 | $16.83 / hr | $1,346.15 | $2,916.67 |
| $50,000 | $24.04 / hr | $1,923.08 | $4,166.67 |
| $65,000 | $31.25 / hr | $2,500.00 | $5,416.67 |
| $80,000 | $38.46 / hr | $3,076.92 | $6,666.67 |
| $100,000 | $48.08 / hr | $3,846.15 | $8,333.33 |
Frequently Asked Questions
How do you convert annual salary to an hourly wage?
Divide the annual salary by total work hours in a year. For a standard 40-hour work week across 52 weeks (2,080 hours), divide salary by 2,080 (e.g. $52,000 / 2,080 = $25/hour).
What is the standard number of work hours in a year?
A standard full-time employee working 40 hours per week works 2,080 hours per year (52 weeks × 40 hours).
How is biweekly pay calculated?
Biweekly pay occurs every two weeks (26 pay periods per year). Divide annual salary by 26.
How is overtime pay calculated?
Federal overtime under the US Fair Labor Standards Act (FLSA) requires 1.5 times the regular hourly rate ("time and a half") for hours worked beyond 40 hours in a single workweek.
What is the difference between gross pay and net pay?
Gross pay is total earnings before taxes and benefits deductions. Net pay (take-home pay) is what remains after federal/state income taxes, FICA (Social Security & Medicare), and health insurance premiums are deducted.