Annual Salary Calculator
Calculate your gross annual salary from an hourly, daily, weekly, or monthly rate, and see equivalent pay periods.
How to use this tool
- Enter pay rate type, pay amount, hours per week (for hourly) and days per week (for daily) in the fields above.
- Results update instantly as you type โ or click Calculate.
- Read your annual salary and the full breakdown beneath it.
Formula
Hourly: Annual = Hourly ร Hours/Week ร 52
Daily: Annual = Daily ร Days/Week ร 52
Weekly: Annual = Weekly ร 52
Biweekly: Annual = Biweekly ร 26
Monthly: Annual = Monthly ร 12
How it works
This calculator converts any standard pay period rate to an equivalent annual salary by multiplying by the appropriate pay-period factor (52 weeks, 26 biweeks, or 12 months per year). All results are gross (pre-tax) figures. The daily rate derivation uses the number of working days per week specified.
Worked example
$25/hour, 40 hours/week converted to annual salary
- Weekly earnings = $25 ร 40 = $1,000
- Annual salary = $1,000 ร 52 weeks = $52,000
- Monthly equivalent = $52,000 รท 12 โ $4,333.33
- Daily equivalent = $52,000 รท (52 ร 5) = $200.00
Annual salary is $52,000, or $4,333.33/month, $1,000/week, and $200/day.
Key terms
- Biweekly pay
- Pay received every two weeks, yielding 26 pay periods per year.
- Gross salary
- Total earnings before income tax, Social Security, Medicare, or other deductions.
- Pay period
- The recurring span of time for which an employee is paid (e.g., weekly, biweekly, monthly).