Free Online Tool

Salary Calculator

Convert your salary between monthly, annual, weekly, daily and hourly pay in one click — with an optional tax or deduction percentage.

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How to Use

1. Enter your gross monthly salary. 2. Enter tax/deductions % if you want net pay (leave 0 otherwise). 3. Click Calculate Salary.

About This Salary Calculator

A salary calculator converts your pay between different time periods: monthly, yearly, weekly, daily and hourly. Job adverts often show pay in different ways — one job offers a monthly salary, another offers an hourly rate, and a third offers a yearly package — so it is hard to compare them fairly. This free salary calculator puts them all side by side. Enter your gross monthly salary and an optional tax or deduction percentage, and it shows your net monthly pay, yearly pay, weekly pay, daily pay and hourly pay in one click.

Knowing your hourly rate is useful even if you are paid monthly. It helps you judge overtime, compare a full-time job with freelance work, and work out what an hour of your time is really worth. The calculator is also useful when you get a pay rise: enter the new monthly salary and see at once how much extra you will take home each week and each year. Students, job seekers, freelancers and anyone planning a budget all use this kind of calculation.

Salary Calculator Worked Example

Take a gross monthly salary of 80,000 with tax and deductions of 10 percent. The net monthly pay is 80,000 times 0.90, which is 72,000. The net yearly pay is 72,000 times 12, which is 864,000. The net weekly pay is 864,000 divided by 52, which is about 16,615. The net daily pay, based on 22 working days a month, is 72,000 divided by 22, which is about 3,273. The net hourly pay, based on 8 hours a day, is 3,273 divided by 8, which is about 409 per hour. Change the numbers above to see your own figures.

How Salary Is Converted

The calculator starts with your gross monthly salary and subtracts the tax or deduction percentage you enter, to get your net monthly pay. Net monthly pay times 12 gives the yearly pay. Yearly pay divided by 52 gives the weekly pay. Monthly pay divided by 22 gives the daily pay, because most months have about 22 working days. Daily pay divided by 8 gives the hourly pay, based on an 8-hour working day. If you leave the tax box at zero, the calculator shows gross pay in every box instead.

Tips for Using the Salary Calculator

Compare jobs on yearly pay. Two jobs with different monthly and hourly rates are easiest to compare as yearly pay. Remember tax is an estimate. Real tax depends on your country's tax bands, allowances and other income, so enter your own effective tax rate for a closer result. Count the full package. A job with a lower salary but free transport, meals or health cover may be worth more than a higher salary alone. Use hourly pay for freelance work. If a client offers a fixed fee, divide it by the hours the job will take to see your real hourly rate. Check pay rises in real terms. A 5 percent rise is only a real rise if prices rose by less than 5 percent in the same year.

Second Worked Example: A Higher Salary with Tax

Take a monthly salary of 120,000 with a tax and deductions rate of 15 percent. The net monthly pay is 120,000 times 0.85, which is 102,000. The annual net pay is 102,000 times 12, which is 1,224,000. The hourly net pay, assuming 22 working days and 8 hours a day, is 102,000 divided by 22 and then by 8, which is about 579.55 per hour. Enter the same numbers in the calculator above and check that your result matches. Try changing the tax to 0 percent to see the gross figures.

Step-by-Step Guide: How to Use the Salary Calculator

  1. Enter your gross monthly salary, which is the pay before tax and deductions.
  2. Enter your tax and deductions percent if you want net pay, or leave it at 0 for gross pay.
  3. Click Calculate Salary. The result shows your net monthly pay first.
  4. Read the table for your annual, weekly, daily and hourly pay.
  5. Try a different tax percent to see how much of your salary goes to tax and deductions.

Common Mistakes to Avoid

Mixing up gross and net pay. Gross pay is before tax; net pay is what reaches your bank. Always check which one a job offer means. Forgetting deductions. Pension, insurance and other deductions come out before you are paid, so include them in the tax percent. Using 30 days for daily pay. Daily pay should use working days, about 22 per month, not 30 calendar days. Comparing salaries without tax. A higher gross salary in another city or country can mean less net pay after higher tax. Ignoring overtime. If you often work overtime, your real hourly pay is lower than this calculator shows, because the extra hours are not counted.

Pro Tip: When you compare two job offers, compare the net annual pay, not just the monthly gross figure. The offer with the higher gross pay is not always the better deal.

Note: Tax rules are different in every country and change often. Enter your own tax percent as an estimate; this calculator does not calculate tax for you.

Frequently Asked Questions

How is hourly pay calculated? Net monthly pay is divided by 22 working days to get daily pay, and daily pay is divided by 8 hours to get hourly pay. For example, 72,000 a month gives about 409 an hour.

Is tax calculated automatically? No. Enter your own tax and deduction percentage as an estimate. Actual tax depends on your country's tax rules, allowances and other income, so the result is a guide, not a tax return.

What is the difference between gross and net pay? Gross pay is the full salary before tax and deductions. Net pay, or take-home pay, is what is left after tax, pension and other deductions are taken out.

Why 22 working days? Most months have about 22 working days after weekends are removed. It is a standard estimate used by salary calculators, and it keeps daily and hourly pay realistic.

Can I use this for a part-time job? Yes, if you are paid monthly. If you are paid by the hour, multiply your hourly rate by the hours you work each month and enter that as the monthly salary.

Does this calculator save my salary? No. The calculation happens in your browser only. Your salary is never sent to our servers or stored anywhere.

What is the difference between gross and net salary? Gross salary is your full pay before tax and deductions. Net salary is what you actually receive in your bank account after tax and deductions are taken out.

How many working days are in a month? Most months have about 22 working days, counting Monday to Friday and removing weekends and public holidays. This calculator uses 22 days.

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