Salary Converter: Calculate Hourly, Daily & Annual Pay [2024]
Convert between salary periods instantly. Support for multiple currencies and custom work schedules.
Work Schedule
Salary Converter
How to Use the Salary Converter
This tool helps you convert between different salary periods, making it easy to understand your earnings in various time formats. Here's how to use it:
Basic Usage
- 1.Select your preferred currency from the dropdown menu
- 2.Enter your known salary amount in any of the input fields
- 3.Other fields will automatically update with converted amounts
Custom Settings
- 1.Click 'Show Settings' to customize your work schedule
- 2.Adjust hours per day, days per week, and weeks per year
- 3.Results will update automatically based on your schedule
Understanding Salary Conversions
Calculation Methods
- •
Standard Work Year
Based on 52 weeks per year
- •
Monthly Calculations
Uses 4.33 weeks per month average
- •
Customizable Schedule
Adjust for part-time or irregular hours
Important Notes
- •
Pre-tax Calculations
All conversions show gross amounts before tax
- •
Currency Conversion
Amounts stay in selected currency without exchange rates
- •
Rounding
Results rounded to 2 decimal places for accuracy
Frequently Asked Questions
How accurate are the salary conversions?
The calculations are based on your specified work schedule and use standard conversion rates (52 weeks per year, 4.33 weeks per month). You can customize these in the settings for more accurate results matching your specific situation.
Does this calculate after-tax income?
No, all calculations show gross (pre-tax) amounts. Tax rates vary by location and individual circumstances, so you'll need to account for taxes separately.
Can I use this for part-time work?
Yes! Use the settings panel to adjust your work schedule (hours per day, days per week, etc.) to match your part-time hours. The calculator will update all conversions accordingly.
Why are monthly calculations based on 4.33 weeks?
4.33 represents the average number of weeks in a month (52 weeks ÷ 12 months). This provides the most accurate monthly rate calculation over a full year.
Does this include overtime calculations?
The basic calculator assumes standard rates. For overtime calculations, you may want to use our Meeting Cost Calculator which includes overtime rate options.
More Money Tools
Daily Interest Calculator
Calculate daily interest returns
Discount Calculator
Calculate discounts in a multitude of ways
Meeting Cost Calculator
Calculate the true cost of meetings including participant salaries
Monthly Interest Calculator
Calculate monthly interest returns
Savings Goal Calculator
Find out what you need to save to reach your financial goals
Unit Price Calculator
Determine the unit price of any good