Rate of Pay Calculator

Written by Great Medico

Updated September 25, 2026 •2 min read

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Pay can be quoted by the hour, week, month, or year, and comparing two offers gets confusing fast when they use different time periods. The Rate of Pay Calculator puts those figures on the same basis. Give it one pay amount and your weekly hours, and it converts that amount into a set of equivalent hourly, daily, weekly, biweekly, monthly, and annual figures.

What this calculator does

This calculator converts one entered pay rate into several equivalent pay periods. You can start with hourly wage, daily wage, weekly wage, biweekly wage, monthly wage, or annual salary. Hours per week is used when an hourly figure must be converted to or from annual pay. For daily equivalents, the calculator assumes a five-day workweek. It does not calculate taxes, benefits, overtime premiums, or unpaid time off.

How to use it

Enter your usual hours per week, then fill in the pay field you want to convert from. For example, if you know your hourly wage, enter it in Hourly wage and leave the other pay fields blank. If you instead know your annual salary, enter that figure. The calculator uses the first positive pay value it identifies, so avoid filling several pay fields with conflicting amounts at the same time.

How the calculation works

When you start from hourly pay, annual pay = hourly wage × hours per week × 52. Weekly pay = annual pay ÷ 52, biweekly pay = weekly pay × 2, and monthly pay = annual pay ÷ 12. Daily pay = annual pay ÷ (5 × 52). When you start from another pay period, the calculator first converts that amount to an annual equivalent, then derives the remaining rates from the same annual total.

Example

Suppose you earn $25 per hour and work 40 hours per week. The calculator estimates $1,000 per week, $2,000 every two weeks, about $4,333.33 per month, and $52,000 per year. The daily equivalent is $200 under the calculator’s five-day workweek assumption. These are gross-equivalent figures, not take-home pay.

How to interpret the result

The most useful number depends on what you are comparing. Hourly pay is helpful for valuing time, while monthly and annual equivalents make job offers or budgets easier to compare. A converted annual salary does not mean you will actually receive that exact amount if your weekly hours vary, you take unpaid leave, or overtime changes your earnings.

Limitations and notes

The calculator assumes 52 weeks per year and uses five workdays per week for the daily equivalent. It does not account for overtime, bonuses, commissions, paid or unpaid leave, payroll deductions, benefits, or taxes. If your schedule is seasonal, irregular, or based on fewer paid weeks, treat the result as a standardized comparison rather than a payroll forecast.