Finance

Wage Estimator

Convert hourly wages to annual salary and vice versa instantly. Calculate daily, weekly, biweekly, and monthly estimates for payroll planning.

Wage Estimator
Convert between hourly wage and annual salary, with estimates for different pay periods based on worked days only (excluding weekends and holidays)

Based on 8 hours per workday

Assumes 2,080 work hours per year (52 weeks × 5 days × 8 hours)

About this tool

Convert between hourly wages and annual salaries with detailed estimates for different pay periods. Perfect for job seekers, employers, and HR professionals who need to understand compensation across different pay periods. Calculate daily, weekly, biweekly, and monthly earnings based on standard work schedules. This tool provides accurate estimates for payroll planning and salary negotiations by accounting for worked days only (excluding weekends).

How to use the Wage Estimator

  1. Enter your pay in Hourly Wage ($), or your yearly pay in Annual Salary ($).
  2. Click Calculate Estimates.
  3. Read your hourly, daily, weekly, biweekly, monthly and annual figures.
  4. Check Calculation Details to see the work schedule behind the numbers.

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Frequently asked questions

How do you convert an hourly wage to an annual salary?

Multiply the hourly rate by the hours worked in a year. A full-time schedule of 8 hours a day, 5 days a week for 52 weeks is 2,080 hours, so $25 an hour works out to $52,000 a year, and you divide a salary by 2,080 to go the other way.

Does the estimate include taxes or deductions?

No. Every figure is gross pay, before income tax, pension or employment insurance contributions, benefits or any other deductions. Your take-home pay will be lower, and by how much depends on where you live and your situation.

Does it account for holidays or vacation?

Not separately. It assumes 2,080 paid hours a year, which treats every weekday, including statutory holidays, as a paid workday, so part-time hours, unpaid time off or overtime will make your real yearly total differ.

How is monthly pay calculated?

Monthly pay is the annual total divided by 12, not four weeks of pay, because most months run a little longer than four weeks. Biweekly pay covers two weeks of work, which gives 26 pay periods in a year.

Do I need to sign up?

No. The Wage Estimator is free, needs no account and does the math right in your browser, so the results appear as soon as you click Calculate Estimates.

Wage Estimator screenshot