This Wage Converter allows you to total your monthly, weekly, daily, or annual wages. Biweekly, weekly, hourly, per minute, and per second wages can also be calculated. You will need to enter information such as hours worked per day, days worked per week, or weeks worked per year to get an actual calculation of wages.
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There are several times in life when an employee's wage is needed to convert from salary to hourly or vice versa. Whether it be a new job, job promotion, a new position, or additional responsibilities. This conversion can be done manually while dealing with one or two employees. However, a larger number can make confusion or increase the chance of human error that would eventually cause a financial loss. This is where our salary to hourly wage converter steps in. This tool can convert the wage instantly in multiple pay periods like annual wage or hourly, daily, weekly, bi-weekly, and monthly.
So, if you are wondering about how to use our wage converter, then we would suggest you to continue reading as the following ultimate guide would answer almost every question related to wage conversion from salary to hourly or vice versa.
Our state-of-the-art wage converter can be used for numerous purposes, both by the employers and the employees. Here are some of the common advantages and uses:
Our Salary to Hourly Wage converter is user-friendly and convenient that it requires just a single input to get your results. But before jumping on to its usability, you must know about some terms, that you may encounter through-out this guide:
Pay frequency is how often an employee is paid. There are several types of pay frequencies offered by the employers, below are some of the common among them:
Unlike many other calculators available online, that requires a separate calculator for different wage type conversions. Our Hourly Wage Converter can single-handedly handle all conversion through a single input. Here are some of the possible conversion you can perform:
Annual Salary |
Monthly Salary/Wage |
Bi-Weekly Wage |
Weekly Wage |
Daily Wage |
Hourly Wage |
Per Minute Wage |
Per second wage |
---|---|---|---|---|---|---|---|
Annual to Monthly |
Monthly to Annual |
Bi-weekly to Annual |
Weekly to Annual |
Daily to Annual |
Hourly to Annual |
Per-minute to Annual |
Per second to Annual |
Annual to Bi-Weekly |
Monthly to Bi-Weekly |
Bi-weekly to Monthly |
Weekly to Monthly |
Daily to Monthly |
Hourly to Monthly |
Per-minute to Monthly |
Per second to Monthly |
Annual to Weekly |
Monthly to Weekly |
Bi-weekly to Weekly |
Weekly to Bi-weekly |
Daily to Bi-weekly |
Hourly to Bi-weekly |
Per-minute to Bi-weekly |
Per second to Bi-weekly |
Annual to Daily |
Monthly to Daily |
Bi-weekly to Daily |
Weekly to Daily |
Daily to Weekly |
Hourly to Weekly |
Per-minute to Weekly |
Per second to Weekly |
Annual to Hourly |
Monthly to Hourly |
Bi-weekly to Hourly |
Weekly to Hourly |
Daily to Hourly |
Hourly to Daily |
Per-minute to Daily |
Per second to Daily |
Annual to Per minute |
Monthly to per minute |
Bi-weekly to per minute |
Weekly to per minute |
Daily to per-minute |
Hourly to per-minute |
Per-minute to Hourly |
Per second to Hourly |
Annual to per-second |
Monthly to per-second |
Bi-weekly to per-second |
Weekly to per-second |
Daily to per-second |
Hourly to per second |
Per-minute to per second |
Per second to Per minute |
Follow the steps below, to operate our calculator like a Pro:
Our calculator is divided into three sections, where section one (as shown in the image above) is for the regular working hours, days, and weeks. We have set the default values according to FLSA Law that is followed across the United States. However, there might be some changes in the state law, for which you are allowed to change these values accordingly. Else keep it unchanged.
The second section is for "Types of Wages" (as shown in the image above). It requires you to input a single value in any one format of "Wage Types" among eight available. Once you have input the value, our calculator will instantly calculate and display the results in all other wage types.
The Last Section is to reset, print, or share your work, by:
Note:
Annual salary is one of the standard wage types that is offered by the employer, however, it is divided and paid in shorter pay periods, usually weekly, bi-weekly-semi-monthly, or monthly. Annual salary can also be used by the employee to compare different job offers. So here is the manual method that you can use to convert different types of wages into Annual Salary.
Assuming that your Hourly Rate is $18, then your Annual Salary would be:
Weekly salary: $18 per hour x 40 hours per week = $720 per week
Annual salary: $720 per week x 52 weeks in a year = $37440 per year
Assuming that your wage is $100, then your Annual Salary would be:
Weekly salary: $100 daily wage x 5 working days in a week = $500 in a week
Annual salary: $500 in a week x 52 Weeks in a year = $26000 per year
Assuming that your Weekly Wage is $450, then your Annual Salary would be:
Annual salary: $450 per week x 52 weeks in a Year = $23400 per year
Assuming that your Bi-Weekly Wage is $1000, then your Annual Salary would be:
Weekly Wage: $1100 / 2 weeks in bi-week = $550
Annual salary: $550 weekly wage x 52 Weeks in a year = $28600 per year
Assuming that your Semi-Monthly Salary is $600, then your Annual Salary would be:
Monthly Salary: $600 semi-monthly wage x 2 = $1200 per month
Annual Salary: $1200 per month x 12 month in a Year = $14400 annually
Assuming that your Monthly Salary is $1250, then your Annual Salary would be:
Annual salary: $1250 per month x 12 months in a Year = $15000 per year.
Assuming that your Quarterly Salary is $3000, then your Annual Salary would be:
Annual salary: $3000 wage for three months x 4 quarters in year = $12000 per year.
Do you want to know how much you are earning on an hourly basis while you are being paid on a weekly, monthly, or annual basis? Then you must follow the steps below:
Assuming that you have an annual salary of $26500, and you have worked regularly, with no overtime or leaves, then your hourly rate would be:
According to FLSA, regular working hours for a workday are 8 and for workweek are 40 hours, so:
Weekly Salary: $26500 / 52 Weeks = $509.6
Hourly Rate: $509.6 per week / 40 = $12.7 per Hour
Assuming that your employer pays you quarterly, with a salary of $10500, then hour hourly rate would be:
First calculate the Annual Salary: $10500 x 4 Quarters in a year = $42,000
Next convert the Annual Salary into Weekly Salary: $42000 / 52 weeks in year = $807.7
Now, your Hourly Rate would be: $807.7 / 40 hours in a workweek = $20 per hour
Assuming that you have a monthly salary of $2560, and you have worked regularly, with no overtime or leaves, then your hourly rate would be:
** For better results, it is suggested to convert your Salary to Annual Salary then back to Hourly Rate**
Annual Salary: 2560 per month x 12 = $30720
Weekly salary: $30720 per year / 52 Weeks in a year = $590 per week
Hourly rate: $590 / 40 work hours in week = 14.7 per hour
Assuming that you are paid on a semi-monthly pay frequency with a salary of $1540, and you have worked regularly, with no overtime or leaves, then your hourly rate would be:
Annual Salary: $1540 x 24 = $36,960 per Year
Weekly salary: $36960 / 52 weeks in a Year = $710.8 per week
Hourly Rate: $710.8 / 40 = 17.8 per Hour
Assuming that your bi-weekly salary is $700, and you have worked regularly, with no overtime or leaves, then your hourly rate would be:
Weekly Salary: $700 per two weeks / 2 = $350 per week
Hourly rate: $350 / 40 work hours in a week = $8.75 per hour
If your Weekly Salary is $500, with no leaves or overtime, then your hourly rate would be:
Hourly Rate: $500 / 40 hours in a workweek = $12.5 per hour
If your Daily Wage is $50, with no overtime, then your Hourly rate would be:
Hourly rate: $50 / 8 hours in a workday = 6.25 per hour
Whether comparing two jobs as an employee or calculating the salary of the promoted hourly based employee as an employer, we somehow are stuck in a situation when we need to calculate different types of salary from the hourly rate. Even this conversion is also beneficial while calculating the minimum gross income from the minimum wage rate provided by the Federal, State, or Local authorities.
Wherefore, here are some examples that would help you to calculate different types of wages from the hourly rate:
Assuming that you have an hourly rate of $14, with no overtime, as you have only worked 8 hours in a day, then your daily wage would be:
Daily Wage: $14 per hour x 8 Hours = $112 per day
Assuming that you have an hourly rate of $12, with no overtime or leave, and have worked completely 40 regular hours (as required by FLSA), them your Weekly Wage would be:
Weekly wage: $12 per hour x 40 Hours = $480 per week
Assuming that your employer pays you with bi-weekly pay frequency, at the hourly rate of $15, and you have 5 hours of overtime and no leaves, then your bi-weekly pay would be:
Start by calculating Weekly Wage: $15 x 40 Hours = $600 per week
Then calculate your Regular Bi-Weekly Wage: $600 x 2 weeks = $1200
Now calculate your overtime (According to FLSA or State law; whichever is beneficial to the employee):
Overtime = $15 x 1.5 x 5 overtime hours = $112.5 overtime wage
Bi-weekly Wage including overtime = 1200 + 112.5 = $1312.5
Assuming that the Minimum Wage per hour in your state is $12.5, and you are offered a semi-monthly Salary of $2200. Now, if you want to know whether the offered salary is equal or higher than the minimum wage, you need to calculate the Semi-monthly Salary according to State Minimum Wage Rate and compare it with your proposed salary. For which, follow the steps below:
First, calculate weekly wage according to the minimum wage rate (Assuming that you have not worked overtime or have a leave):
Weekly Salary with Minimum Wage Rate: $12.5 x 40 hours = $500
Annual Salary with Minimum Wage Rate: $500 per week x 52 Weeks in a year = $26000
Semi-Monthly Salary with Minimum Wage Rate: $26000 / 24 semi-month in a year = $1083
As offered Salary of $2200 is higher than State Minimum Salary $1080 for bi-weekly pay frequency, so this job offer is according to State Minimum Wage Law (Note: Some other exceptions may apply).
Assuming that you are offered an hourly rate of $15 for a new job, where your current salary based job is $5000 a month, and you need to know whether your new job is good or not. Wherefore, you need to calculate your monthly wage for a new job (having no overtime or leaves) and compare it with current job salary:
First, calculate your weekly wage for a new job: $15 x 40 regular hours = $600
Then calculate the Annual Salary for new job: $600 x 52 = $31,200
Finally, deduce your Monthly Salary for new Job: $31200 / 12 = $2600
Assuming that you don't work any excess hours after (usually eight) regular hours in the workday for your current job, then your monthly gross earnings from a current job are far better than a new job offer.
For instance, your hourly rate is $16, then your quarterly salary (without overtime or leaves) would be:
Weekly Wage: $16 x 40 hours = $640
Annual Salary: $640 x 52 = $33280
Quarterly Salary: $33280 / 4 = $8320
As shown in the examples above, to convert Hourly Rate to Salary, it is essential to convert Hourly Wage type into Annual Salary.
For example: if an hourly employee, having an hourly rate of $18, is promoted to a salary based job with an Annual Salary of $45000. Now, an employee wants to know how much appraisal he/she has received (without overtime, leaves, or any other supplementary wages):
Initially calculating Weekly Wage for the previous Job: $18 x 40 hours = $720
Now, calculate Annual Salary for previous job: $720 *52 = $37440
Finally, the difference between both salaries would be an appraisal: $45000 – 37440 = $7560
You can also refer to this table for calculating Annual income from basic hourly rate:
Hourly pay | Weekly pay (40 hrs) | Monthly pay (avg) | Annual salary (50 weeks) |
---|---|---|---|
$10 per hour | $400 | $1,666.67 | $20,000 |
$11 per hour | $440 | $1,833.33 | $22,000 |
$12 per hour | $480 | $2,000.00 | $24,000 |
$13 per hour | $520 | $2,166.67 | $26,000 |
$14 per hour | $560 | $2,333.33 | $28,000 |
$15 per hour | $600 | $2,500.00 | $30,000 |
$16 per hour | $640 | $2,666.67 | $32,000 |
$17 per hour | $680 | $2,833.33 | $34,000 |
$18 per hour | $720 | $3,000.00 | $36,000 |
$19 per hour | $760 | $3,166.67 | $38,000 |
$20 per hour | $800 | $3,333.33 | $40,000 |
$21 per hour | $840 | $3,500.00 | $42,000 |
$22 per hour | $880 | $3,666.67 | $44,000 |
$23 per hour | $920 | $3,833.33 | $46,000 |
$24 per hour | $960 | $4,000.00 | $48,000 |
$25 per hour | $1,000 | $4,166.67 | $50,000 |
$26 per hour | $1,040 | $4,333.33 | $52,000 |
$27 per hour | $1,080 | $4,500.00 | $54,000 |
$28 per hour | $1,120 | $4,666.67 | $56,000 |
$29 per hour | $1,160 | $4,833.33 | $58,000 |
$30 per hour | $1,200 | $5,000.00 | $60,000 |
These were some of the common types of wages that an employer provides to their employees. So if you want to compare different jobs, having different pay types, then you must convert them into a common pay period, for a fair comparison.
For Example: If an employee has two job offers:
Now to compare both jobs offers, we must convert both wages into a common wage type like a monthly wage.
So for JOB 1, we will convert Hourly Wage in Monthly Salary Wage, assuming that employee has worked for 100 regular hours and 5 Overtime Hours in a month:
Wage for Regular Hours: 100 x 18 = $1800
Wage for Overtime Hours (according to FLSA): 5 x 18 x 1.5 = $135
Total Monthly Salary for Job 1 would be: 1800 + 135 = $1935
Now for Job 2, we will convert Annual Salary into Monthly Salary, Assuming that employee has worked regularly without any leaves:
Monthly Salary: 25000 / 12 = $2083
So according to the results, Job 2 is slightly better than Job 1. These above-stated steps seem simple. However, they may get complicated while dealing with different pay types. Hours worked, and a large number of jobs offers. Therefore, employees are suggested to use our Hourly to Salary Wage converter for accurate results.
Note:
You must have read a lot about hourly wages and salary in this article. But are you still confused about which one is better?
Don't Worry! This section will help you decide!
It would be unfair to rank one type of wage over another, as both of them have their perks and cons. Therefore, it depends on your skills, annual pay, working hours, net pay, state policies, employer, etc. to decide whether a salary based job or hourly rate is suitable for you.
Here are a few points that would give a general idea of what you should choose:
Here are some of the important Federal Wage laws (Fair Labor Standard Act – FLSA Laws) that one must know while dealing with Wages. Moreover, they are also suggested to refer to their respective State laws for further assistance.
Answer: A salary pay is a fixed amount paid to an employee for a specific work period, regardless of the quality or quantity of work. Moreover, no overtime is paid to them for any excess hours.
Answer: To calculate the hourly rate for $50,000 annual salary, follow the steps below:
Note: The above calculations were made on assumptions that an employee has no overtime or leaves. Moreover, there were 52 workweeks in a year, given that the employee has worked not more or less than 40 hours in a workweek.
Answer: The annual salary for $25 Hourly wage would be:
Weekly salary: $25 per hour x 40 hours in a week = $1000 per week
Annual Salary: $1000 x 52 = $52000 per Year.
Note: The above calculations were made on assumptions that an employee has no overtime or leaves. Moreover, there were 52 workweeks in a year, given that the employee has worked not more or less than 40 hours in a workweek.
Answer: There are several advantages to salaried employees. Some of them are a follow:
Answer: There are a few disadvantages for salary-based employees, including:
Answer: The minimum pay for an overtime-exempted employee (salary based employees) from January 1st, 2020 onwards, is $684 per week (equivalent to $35,568 annual), According to The US Department of Labor.