Free Salary Calculator 2026 to convert hourly, daily, weekly, monthly and annual salary across USD, EUR, GBP, INR, CAD, AUD and JPY with instant results.
Calculate take-home pay, convert hourly to annual salary, and compare rates across currencies. Trusted by freelancers, employees, and contractors worldwide.
Used by employees, freelancers, and contractors to estimate real take-home salary in seconds.
Salary Amount
Enter your gross annual salary before taxes and deductions
Hours Per Week
Standard full-time is typically 40 hours/week
Tax estimates are indicative and vary by country, state, and personal deductions.
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Annual Salary = Hourly Rate × Hours per Week × 52 weeks
Monthly Salary = Annual Salary ÷ 12 months
Weekly Salary = Hourly Rate × Hours per Week
Daily Salary = Weekly Salary ÷ 5 days (or 7 for weekly basis)
These calculations assume a standard work year (52 weeks) and 5-day work week for daily calculations. Actual pay may vary based on employer, overtime, bonuses, and state-specific taxes.
Now that you know your salary breakdown, explore these related calculators to plan your finances:
Salary and wages represent two distinct payment structures in the modern workforce. A salary refers to a fixed amount of annual or monthly compensation typically paid to full-time employees regardless of the exact hours worked each week. This structure provides predictable income and is common in professional, managerial, and administrative roles.
Wages, in contrast, are calculated based on hourly or daily rates and are commonly used for part-time workers, shift-based employees, and contract labor. Wage earners are paid for the actual time worked, which can fluctuate week to week depending on scheduling and availability.
This calculator supports both payment structures, allowing you to convert between hourly wages and annual salaries, making it useful for comparing job offers, estimating freelance income, or understanding your total compensation regardless of how you're paid.
This salary calculator is designed to serve a diverse range of working professionals across different employment models and income structures. Whether you receive a fixed annual salary or earn hourly wages, this tool helps you understand your total compensation and plan your finances effectively.
This tool is not limited to traditional employment—it serves anyone who earns income and wants to understand how different payment structures translate across time periods.
Your gross salary represents your total compensation before deductions, but your actual take-home pay can be significantly affected by various benefits and deductions. Understanding these factors helps you evaluate job offers and plan your budget more accurately.
Different countries and employers use various payroll cycles that determine how often employees receive their wages. Understanding these frequencies helps you manage cash flow and budget effectively. This calculator adjusts totals based on the pay frequency you select.
U.S. employers use multiple pay schedules. Weekly pay (52 paychecks annually) is common in hourly and construction jobs. Bi-weekly pay (26 paychecks) is the most popular schedule for salaried employees. Semi-monthly pay (24 paychecks) typically occurs on the 15th and last day of each month. Monthly pay (12 paychecks) is less common but used by some government and education employers.
In India, monthly salary structure is the standard across most industries. Employees receive their salary once per month, usually between the last working day and the 7th of the following month. Salary structures often include multiple components like basic pay, house rent allowance (HRA), and special allowances, with provident fund (EPF) and professional tax deducted at source.
UK employers most commonly pay employees monthly, though weekly pay remains standard in retail, hospitality, and construction sectors. Monthly payments typically occur on the last working day of the month or a specific date like the 25th. The PAYE (Pay As You Earn) system automatically deducts income tax and National Insurance contributions from each paycheck.
Pay frequency varies globally based on local labor laws and employer practices. Many European countries use monthly payment cycles, while some Asian and Latin American countries may use bi-weekly or semi-monthly schedules. Always verify your specific pay schedule with your employer when planning your finances.
The United States uses annual salary as the standard compensation reference for most professional roles, though hourly wages dominate retail, food service, and gig economy positions. The federal minimum wage is $7.25 per hour, but many states enforce higher minimum rates. Tax considerations include federal income tax (graduated brackets from 10% to 37%), Social Security tax (6.2% up to the wage base limit), Medicare tax (1.45%), and state income taxes that vary by location. High-income earners may face additional Medicare surtax.
Indian compensation structures use Cost to Company (CTC), which includes all monetary and non-monetary benefits. Monthly salary is the norm, with CTC broken down into basic salary, house rent allowance (HRA), special allowances, and employer contributions to provident fund. The new tax regime (2025-26) offers simplified tax slabs starting at 5% for income above ₹3 lakh, with rates increasing progressively. Employees also contribute 12% to Employee Provident Fund (EPF), and professional tax varies by state.
UK salaries are quoted as gross annual amounts, with monthly payment being most common. The personal allowance (tax-free income) for 2025-26 is £12,570, after which income tax rates apply: 20% basic rate, 40% higher rate, and 45% additional rate for high earners. National Insurance contributions are mandatory, with employees paying 12% on earnings between £12,570 and £50,270, then 2% above that threshold. The PAYE system ensures taxes are deducted automatically before payment reaches employees.
Income levels vary due to multiple professional and social factors that influence market value and earning potential. Understanding these factors helps you make informed career decisions and negotiate compensation effectively.
Public holidays impact the number of working days per year, which in turn affects annual earnings calculations for hourly and daily wage workers. Salaried employees typically receive paid time off for these holidays, while hourly workers may not be compensated unless their employer provides holiday pay.
| Country | Average Annual Public Holidays |
|---|---|
| United States | 11 federal holidays |
| India | 18-21 national & regional holidays |
| United Kingdom | 8 bank holidays |
When calculating annual income from hourly or daily wages, consider subtracting unpaid public holidays from total working days to get a more accurate estimate of actual earnings.
Paid Time Off (PTO) refers to the number of days employees can take off work while still receiving their regular salary or wages. This includes vacation days, sick leave, and personal days, depending on employer policies.
The key difference between paid leave and unpaid leave is straightforward: paid leave means you continue to earn your regular income during time away from work, while unpaid leave results in reduced pay for those days. For salaried employees, PTO is typically built into the annual compensation package. For hourly workers, PTO may or may not be offered depending on the employer and labor laws.
Freelancers and self-employed individuals calculate time off differently since they don't receive employer-paid benefits. When setting freelance rates, many consultants factor in desired vacation time by charging higher hourly or project rates to compensate for non-working periods. For example, a freelancer who wants to take 4 weeks off annually should calculate their annual income goal based on 48 working weeks rather than 52.
PTO matters significantly when estimating annual income, especially for hourly and contract workers. If you work 40 hours per week but take 2 weeks of unpaid vacation, your actual annual working hours are 2,000 (50 weeks × 40 hours) rather than 2,080 (52 weeks × 40 hours), which directly impacts your total yearly earnings.
Growing your income requires strategic career planning and proactive professional development. These actionable steps can help you boost your earning potential over time:
This Salary Calculator uses standard arithmetic formulas to convert hourly, daily, weekly, monthly, and annual pay based on user inputs such as work hours, pay period, and country selection.
Results are provided for informational and planning purposes only. Actual salary, taxes, and deductions may vary based on employer policies, local regulations, and individual circumstances.
All calculations run entirely in your browser. No salary data is stored, saved, or transmitted to any server.
Salary conversions follow commonly accepted payroll and compensation calculation practices used in HR and financial planning.
$50,000 per year equals about $24/hour based on 40 hours per week and 52 weeks per year.
Enter your hourly rate and hours worked per week. The salary calculator instantly converts it into weekly, monthly, and annual salary.
Yes, enable the estimated tax toggle to see net salary after country-specific tax deductions for India, USA, UK and other regions with detailed breakdowns.
The 50/30/20 rule suggests allocating 50% of your net income to needs, 30% to wants, and 20% to savings. Use your calculated take-home pay to set these budget targets.
Yes, click 'Compare Salaries' to enter two different salary amounts and see a side-by-side comparison of annual, monthly, weekly, daily, and hourly rates.