What is this?
A salary calculator converts between different time periods (hourly, daily, weekly, monthly, yearly) and calculates take-home pay after taxes. Understanding your hourly rate helps with freelancing decisions, overtime calculations, and comparing job offers with different pay structures. Take-home pay accounts for federal, state, and local taxes, giving you a realistic view of your actual earnings.How to use
Select your currency and what you know (yearly salary, hourly rate, etc.), enter your amount and work schedule (hours per week, weeks per year), optionally add your effective tax rate to see take-home pay, and review all time period conversions and benchmarks.Tips
- **Standard work year:** 40 hours/week × 52 weeks = 2,080 hours
- **Account for time off:** Use 50 weeks if you take 2 weeks vacation (unpaid)
- **Effective tax rate:** Use our Tax Calculator for accurate rates (typically 15-30% for most earners)
- **Comparing offers:** Convert all offers to hourly rates to compare apples-to-apples
- **Freelancing:** Multiply hourly employee rate by 1.5-2× for freelance/contractor rates (covers benefits, taxes, unpaid time)
- **Benefits value:** Add ~30% to salary for full-time benefits (health insurance, 401k match, PTO)
