Wage Calculator
Convert between hourly, daily, weekly, monthly, and yearly wages
💼 Enter Your Wage
Your hourly wage
⚙️ Work Schedule Settings
Standard is 40 hours
Standard is 5 days
💰 Your Wage Across All Periods
📊 Additional Income Metrics
Example Calculations
Example 1: From Hourly to Annual
Given: $25/hour, 40 hours/week
Formula: Annual = Hourly × Hours/Week × 52
Calculation: $25 × 40 × 52 = $52,000/year
Example 2: From Annual to Hourly
Given: $52,000/year, 40 hours/week
Step 1: Weekly = $52,000 ÷ 52 = $1,000
Step 2: Hourly = $1,000 ÷ 40 = $25/hour
Example 3: Weekly to Monthly
Given: $1,000/week
Annual: $1,000 × 52 = $52,000
Monthly: $52,000 ÷ 12 = $4,333.33/month
📐 Conversion Formulas
📅 Pay Frequencies
💡 Wage Tips
Standard full-time is 40 hours per week
There are 52 weeks in a year
Pay frequency affects paycheck size, not annual total
Part-time workers adjust hours per week
These are gross wages before taxes
Understanding Wage Calculations
What is a Wage?
A wage is the compensation you receive for your work, typically expressed in different time periods. Understanding how your wage translates across different periods helps with budgeting, comparing job offers, and financial planning.
- •Hourly Wage: Payment per hour worked
- •Salary: Fixed annual compensation
- •Gross vs Net: Before vs after taxes and deductions
How Pay Frequency Affects Your Budget
The frequency of your paychecks impacts how you manage money, even though the annual total stays the same:
- •Weekly: More frequent but smaller paychecks (52/year)
- •Biweekly: Every 2 weeks, 26 paychecks per year
- •Monthly: Largest paychecks but requires careful budgeting
💡 How to Increase Your Wage
📊 Real-World Example
Scenario: You're offered a job at $25 per hour for 40 hours per week
Your Earnings:
- • Hourly: $25.00
- • Daily: $200.00 (8 hrs)
- • Weekly: $1,000.00
- • Biweekly: $2,000.00
- • Monthly: $4,333.33
- • Annual: $52,000.00
Work Schedule:
- • 40 hours per week
- • 5 days per week
- • 8 hours per day
- • 260 working days/year
- • 2,080 working hours/year