Salary converter
Convert pay between hourly, daily, weekly, fortnightly, monthly and yearly amounts in one step.
Results
Yearly pay
$60,000.00
This is your pay for a full year before tax, based on 40 hours and 5 days a week for 52 paid weeks.
- Monthly pay
- $5,000.00
- Weekly pay
- $1,153.85
- Daily pay
- $230.77
- Hourly pay
- $28.85
Saving and PDF download use a free account. Everything else works without one.
How it works
We first turn your pay into a yearly figure by multiplying it by how many of that period fit into a year. Hours and days per year come from your working week and the number of weeks you are paid for. The yearly figure is then divided back down into every other period.
Formula
- Yearly pay = pay × periods per year
- Hours a year = hours per week × paid weeks; days a year = days per week × paid weeks
- Fortnights a year = paid weeks ÷ 2; half months = 24; months = 12; quarters = 4
- Pay per period = yearly pay ÷ periods per year
Frequently asked questions
Is this before or after tax?
Before. The converter works with your pay before income tax, social contributions, pension and any other deductions (often called gross pay). What reaches your account will be lower, and by how much depends on where you live and your personal situation.
Why isn't monthly pay just four times weekly pay?
A month is a little longer than four weeks. With 52 weeks in a year and 12 months, an average month holds about 4.33 weeks, so monthly pay works out to roughly 4.33 times weekly pay.
What is the difference between fortnightly and twice a month?
Fortnightly pay arrives every two weeks, which is 26 times in a 52-week year. Twice-a-month pay arrives on two set dates each month, which is 24 times a year. Each twice-a-month payment is therefore slightly larger for the same yearly pay.
What should I enter for weeks per year?
Enter the number of weeks you are actually paid for. If your holidays are paid, use 52. If you take unpaid time off, for example as a contractor, subtract those weeks so hourly and weekly figures reflect the time you really work.
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Results are estimates only, not financial advice. Read the disclaimer.