Turn a yearly, monthly, weekly, daily or hourly pay into every other period.
The page first turns your pay into a yearly amount, then divides. Yearly pay stays as typed; monthly pay is × 12; weekly pay is × weeks per year; daily pay is × days per week × weeks per year; hourly pay is × hours per week × weeks per year. From the yearly amount: weekly = yearly ÷ weeks per year, hourly = weekly ÷ hours per week, daily = weekly ÷ days per week, fortnightly = 2 × weekly, monthly = yearly ÷ 12. The page opens on 52,000 a year with 40 hours, 5 days and 52 weeks: 25.00 an hour, 200.00 a day, 1,000.00 a week, 2,000.00 every two weeks and 4,333.33 a month.
Hours per week default to 40 and weeks per year to 52, which gives 2,080 hours a year. Days per week default to 5 and only affect the daily figure and daily pay input. Hours per week can be up to 168, days per week up to 7 and weeks per year up to 53, and all must be more than 0. The pay can be 0. A monthly pay of 3,000 gives 36,000 a year, so 36,000 ÷ 2,080 = 17.31 an hour. An hourly pay of 25 goes back to 52,000 a year, so the conversion is consistent in both directions.
The amounts are before tax, with no deductions of any kind, and what you type is taken as it is. Paid days off are not modelled: every one of the weeks per year counts as worked. To allow for weeks that are unpaid, lower the weeks per year, for example to 48 for four unpaid weeks, which raises the hourly figure for the same yearly pay. The page makes no assumption about a country, overtime rules or a minimum wage.
All values are worked at full precision and rounded to 2 decimals only when shown, with halves rounded up. So 36,000 ÷ 12 is shown as 3,000.00 and 692.307 a week as 692.31. A figure shown on the table may differ from another by a cent if you add them up by hand. Amounts have no currency symbol, so the page suits any currency. This is an estimate, not financial advice.
Divide the yearly pay by the hours worked in a year. With 40 hours a week and 52 weeks that is 2,080 hours, so 52,000 ÷ 2,080 = 25.00 an hour. Change the hours or the weeks if your job differs.
Choose Hour in Paid per and type the rate. At 25 an hour, 40 hours and 52 weeks, the yearly amount is 25 × 40 × 52 = 52,000.00. The monthly figure is that divided by 12.
Before tax, with no deductions. The page does not know your tax rules, so net pay will be lower. Type a figure that is already after tax if you want the equivalent of take-home pay.
Paid days off are not modelled. All weeks per year are counted as worked. If part of the year is unpaid, lower the weeks per year, for example 50 instead of 52 for two unpaid weeks.
A year has 52 weeks, not 48. Monthly pay is yearly ÷ 12, so 1,000 a week is 52,000 a year and 4,333.33 a month, not 4,000.