AbraCalc

Annual Salary Calculator

Calculate your gross annual salary from an hourly, daily, weekly, or monthly rate, and see equivalent pay periods.

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How to use this tool

  1. Enter pay rate type, pay amount, hours per week (for hourly) and days per week (for daily) in the fields above.
  2. Results update instantly as you type โ€” or click Calculate.
  3. 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

  1. Weekly earnings = $25 ร— 40 = $1,000
  2. Annual salary = $1,000 ร— 52 weeks = $52,000
  3. Monthly equivalent = $52,000 รท 12 โ‰ˆ $4,333.33
  4. 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).

References & sources