Financial Tools

Hourly to Salary Converter

Convert wages, estimate taxes, and compare job offers

Quick Conversion

Enter any wage amount and see all time period equivalents

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Work Schedule Settings

Detailed Salary Calculator

Account for PTO, holidays, and work schedule variations

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Take-Home Pay Estimator

Estimate your pay after federal, state, and FICA taxes

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Pre-Tax Deductions (401k, HSA, etc.)
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Compare Job Offers

Side-by-side comparison including benefits value

Offer A

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Annual employer contribution
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Annual employer contribution
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Stock, education, transit, etc.

Offer B

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Annual employer contribution
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Annual employer contribution
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Stock, education, transit, etc.

Overtime Calculator

Calculate pay including overtime hours at 1.5x rate

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Understanding Salary Calculations

Standard Work Year

A standard full-time position assumes 40 hours per week for 52 weeks, totaling 2,080 working hours per year.

40 hrs x 52 weeks = 2,080 hrs
Hourly to Annual

Multiply your hourly rate by the number of hours you work per week, then multiply by 52 weeks.

Hourly x Hours/Week x 52
FICA Taxes

Social Security (6.2%) and Medicare (1.45%) are withheld from all wages. Social Security has a wage cap of $168,600 for 2024.

SS: 6.2% + Medicare: 1.45% = 7.65%
Overtime Pay

Under FLSA, non-exempt employees must receive 1.5x their regular rate for hours worked beyond 40 per week.

OT Rate = Hourly x 1.5