How do I convert hourly pay to annual salary?

Multiply your hourly rate by the number of hours worked per week, then multiply by 52 weeks. For example, $25/hr at 40 hours/week equals $52,000 per year.

Why is my take-home pay so much less than my salary?

Federal income tax, state income tax, Social Security, Medicare, and any benefits premiums are all deducted before you receive your paycheck.

How is overtime calculated?

Under federal law, overtime is paid at 1.5 times your regular hourly rate for hours worked beyond 40 in a workweek. Some states have additional overtime rules.

What is the difference between salary and hourly pay?

Salaried employees receive a fixed amount per pay period regardless of hours worked. Hourly employees are paid for each hour worked and are typically eligible for overtime.

Salary & Paycheck Calculators — Free Online Tools (2026)

Understand exactly how much money hits your bank account. These salary and paycheck calculators break down deductions, convert between pay frequencies, and help you plan around your actual take-home pay.

All Calculators

Paycheck Calculator — Free Online Tool

Estimate your net paycheck after federal tax, FICA, and state tax deductions.

Take Home Pay Calculator — Free Online Tool

Estimate your annual and monthly take-home pay after taxes and deductions.

Salary Calculator — Free Online Tool

Convert your salary between hourly, weekly, biweekly, monthly, and annual amounts.

Hourly to Salary Calculator — Convert Hourly Wage to Annual Pay

Convert your hourly wage to annual salary, monthly, and biweekly pay based on hours worked per week.

Salary to Hourly Calculator — Convert Annual Salary to Hourly Rate

Convert your annual salary to an hourly rate, daily rate, and weekly pay based on your work schedule.

Overtime Calculator — Free Online Tool

Calculate your overtime pay and total earnings based on hourly rate and overtime hours worked.

How to Use These Tools Together

1
Convert your salary to annual, monthly, biweekly, weekly, and hourly equivalents.
2
If you are paid hourly, convert your rate to an equivalent annual salary.
3
Estimate overtime pay based on your hourly rate and hours worked beyond 40 per week.
4
See your per-paycheck deductions for federal tax, state tax, Social Security, and Medicare.
5
Get a full annual view of your after-tax income including all deductions.

Key Terms Glossary

Gross Pay: Your total earnings before any taxes or deductions are taken out.
Net Pay: Your take-home pay after all taxes, insurance, and other deductions are subtracted.
FICA: Federal Insurance Contributions Act taxes, including Social Security (6.2%) and Medicare (1.45%) deducted from each paycheck.
Overtime: Hours worked beyond 40 per week, typically compensated at 1.5 times the regular hourly rate.
W-4: The IRS form you fill out for your employer to determine the correct amount of federal tax withholding from your paycheck.

Frequently Asked Questions

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