Hourly Wage to Salary Conversion Calculator

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Description:

This calculator converts a given hourly wage to a daily, weekly, monthly and yearly salary. In other words, it determines how much you will be paid for each of the time periods given how much you are paid per hour. The following table explains how the solutions are calculated.

Time periodequation
year salary= hourly wage X
40 hours X
52 weeks
month salary= yearly salary /
12 months
week salary= hourly salary X
40 hours
day salary= hourly salary X
8 hours

Note: For monthly salary, this calculator takes the yearly salary and divides it by 12 months. Some people define a month as 4 weeks. This calculator does not calculate monthly salary based on a 4 week month.

Note: This calculator assumes a work week consists of 40 hours and a work day consists of 8 hours. Therefore, overtime pay is not included in these calculations.

Calculation Instructions:

  1. Enter hourly wage. This can be done by entering value or using the up and down arrows to step the hourly wage.
  2. Inspect calculations and results in parameters, charts and graphs.

Outputs/Solution:

  1. Salary - The converted salary values for each of the time periods. The periods are yearly, monthly, weekly and daily.