Salary Calculator

Convert between hourly, monthly, and annual salaries with detailed tax breakdowns. Calculate take-home pay and compare salary frequencies for major countries with current tax rates.

Salary Calculator

Convert between hourly, monthly, and annual salaries with tax breakdowns for United States

Country

Input Type

Annual Salary(USD)

How to Convert Between Salary Types

Quick Answer: To convert hourly to annual salary: multiply hourly wage × hours per week × weeks per year. For example, $25/hour × 40 hours/week × 52 weeks = $52,000 annually. After taxes and deductions, take-home pay is typically 70-80% of gross salary.

Salary conversions help you compare job offers, plan budgets, and understand your true hourly value. Tax rates vary by country, state, and income level, affecting your net pay significantly.

Salary Conversion Formulas

Standard formulas for converting between pay frequencies

Hourly to Annual

Annual Salary = Hourly Rate × Hours per Week × Weeks per Year

Standard: 40 hours/week × 52 weeks = 2,080 hours per year

Annual to Monthly

Monthly Salary = Annual Salary ÷ 12

Annual to Bi-weekly

Bi-weekly Pay = Annual Salary ÷ 26

Annual to Weekly

Weekly Pay = Annual Salary ÷ 52

Tax Rates by Country (2025)

Approximate combined tax rates for middle-income earners

🇺🇸 United States

22-28%

Federal + State + FICA

🇨🇦 Canada

25-35%

Federal + Provincial + CPP/EI

🇬🇧 United Kingdom

32-42%

Income Tax + National Insurance

🇦🇺 Australia

21-39%

Income Tax + Medicare + Super

🇩🇪 Germany

35-45%

Income Tax + Social Contributions

🇫🇷 France

25-40%

Income Tax + Social Charges

Salary Negotiation & Planning

Tips for maximizing your compensation

Negotiation Strategies

• Research market rates for your position and location
• Consider total compensation, not just base salary
• Negotiate benefits: health insurance, retirement, PTO
• Ask for performance review schedules and raise criteria
• Be prepared to justify your value with specific examples
• Consider flexible work arrangements as compensation

Maximizing Take-Home Pay

• Contribute to tax-advantaged retirement accounts
• Use Health Savings Accounts (HSAs) if available
• Consider pre-tax benefit deductions
• Understand your tax bracket and plan accordingly
• Time bonuses and income for tax optimization
• Keep detailed records for tax deductions

Frequently Asked Questions

Common questions about salary calculations

How do I convert hourly wage to annual salary?

Multiply your hourly wage by the number of hours you work per week, then multiply by the number of weeks you work per year. For example: $25/hour × 40 hours/week × 52 weeks = $52,000 annual salary. This assumes full-time work with standard vacation time.

What's the difference between gross and net salary?

Gross salary is your total earnings before any deductions. Net salary (take-home pay) is what you receive after taxes and other deductions are subtracted. The difference depends on your tax bracket, state, and benefits deductions.

How accurate are the tax calculations?

Our calculator provides estimates based on standard tax rates for each country. Actual taxes may vary based on deductions, credits, benefits, state/province of residence, and specific tax situations. Consult a tax professional for precise calculations.

What deductions are included in the calculation?

Standard deductions include federal income tax, state income tax (where applicable), Social Security, Medicare, and unemployment insurance. The calculator doesn't include health insurance, retirement contributions, or other voluntary deductions.

How do different pay frequencies affect my paycheck?

Pay frequency affects cash flow but not total annual pay. Weekly (52 paychecks) provides more frequent but smaller payments. Bi-weekly (26 paychecks) is common and provides two 'extra' paychecks per year. Monthly (12 paychecks) provides larger but less frequent payments.

Should I negotiate salary or hourly wage?

Salary offers predictable income and often includes benefits, but may require unpaid overtime. Hourly wages provide overtime pay and flexible scheduling but less predictable income. Consider total compensation including benefits, work-life balance, and career growth.

How do I calculate overtime pay?

In the US, overtime is typically paid at 1.5 times your regular hourly rate for hours worked over 40 per week. Some states have daily overtime rules. Salaried employees may be exempt from overtime depending on their role and salary level.

What's considered a good salary increase?

A typical annual raise is 3-5% to keep up with inflation. Performance-based increases might be 5-10%. Promotions often come with 10-20% increases. Job changes can yield 15-25% increases. Consider total compensation, not just base salary.