Convert hourly, daily, weekly, monthly & annual gross income with overtime, PTO and holiday adjustments.
This salary converter computes equivalent pay across all mainstream payment cycles, supports customizable overtime rates, and adjusts annual earnings for paid vacation and public holidays.
Base Pay Amount
Input Pay Cycle
Regular Hours/Week
Overtime Hrs/Week
OT Multiplier
Work Days/Week
Annual Holidays
Annual PTO Days
| Pay Frequency | Unadjusted Gross Pay | Adjusted Gross (Minus PTO & Holidays) |
|---|
Wage represents hourly compensation for non-exempt workers, with mandatory overtime pay for hours exceeding standard weekly schedules. Salary refers to fixed annual compensation for exempt professional staff, with no legal requirement for overtime compensation for extended working hours.
While this calculator is named Salary Calculator, it fully supports hourly wage conversion, self-employed contractor rate estimation, and full-time salaried employee income breakdowns across all mainstream pay cycles.
Base pay is only a portion of total employment compensation. Most full-time staff receive additional employer-provided perks including group health insurance, employer retirement plan matching, paid federal holidays, PTO/vacation days, annual performance bonuses, and payroll tax matching contributions. Part-time and freelance contractors rarely receive these benefits, requiring higher hourly base rates to offset lost perks.
| Variable | Definition |
|---|---|
| Weekly Total Pay | (Regular Hours × Base Rate) + (Overtime Hours × Base Rate × OT Multiplier) |
| OT Multiplier | Premium rate for overtime work (1.5 = time-and-a-half, 2 = double time) |
| 52 | Standard calendar weeks per year |
Total Calendar Working Days = 52 weeks × work days per week. Total Working Days = Total Calendar Working Days − annual holidays − annual vacation days.
| Pay Cycle | Conversion Formula From Annual |
|---|---|
| Hourly | Annual / (Regular Hours × 52) |
| Daily | Annual / (Days Per Week × 52) |
| Weekly | Annual / 52 |
| Bi-Weekly | Annual / 26 |
| Semi-Monthly | Annual / 24 |
| Monthly | Annual / 12 |
| Quarterly | Annual / 4 |
Non-exempt employees (wage workers) must receive minimum wage and overtime pay at minimum 1.5x base hourly rate for all hours over 40 per week. Exempt salaried staff do not qualify for overtime, with a minimum annual salary threshold of $35,568 to maintain exempt status.
Federal minimum wage in the United States is $7.25 hourly; individual states enforce higher local minimum rates that override federal standards where applicable.
| Cycle | Payment Details |
|---|---|
| Daily | Daily settlement, mostly for temporary labor or short-term contractors |
| Weekly | Weekly disbursement, 52 paychecks per year with higher payroll administration cost |
| Bi-Weekly | Every two weeks, 26 paychecks per calendar year, most widely used for US hourly staff |
| Semi-Monthly | Twice monthly (15th and month-end), 24 annual payments with inconsistent weekly pay dates |
| Monthly | Single payment per month, lowest payroll overhead, common for salaried corporate roles |
US federal law does not mandate employers provide paid vacation days or public holidays. Private company PTO policies vary widely; average full-time employees receive roughly 10 annual PTO days. European labor regulations require minimum 20–30 mandatory vacation days per year for all full-time staff.
When calculating adjusted annual salary, total non-working paid days (holidays + vacation) reduce actual billable working days, increasing effective hourly compensation for the time physically worked.
| Field Name | Function & Definition |
|---|---|
| Base Pay Amount | Raw gross pay value matching your selected input pay cycle, decimal precision to 0.01 |
| Input Pay Cycle | Select the unit of your base pay: hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly, annual |
| Regular Hours Per Week | Standard scheduled weekly working hours before overtime threshold |
| Overtime Hours Weekly | Average weekly hours worked beyond regular schedule |
| OT Multiplier | Overtime pay premium multiplier (1.5 = time-and-a-half, 2 = double time for holidays) |
| Work Days Per Week | Standard scheduled working days per calendar week (default 5 for full-time office roles) |
| Annual Paid Holidays | Number of company-provided paid public holidays per year |
| Annual PTO/Vacation Days | Total paid personal/vacation/sick leave days granted annually |
The bar chart visualizes the gap between unadjusted annual salary (calculated with full calendar working days) and adjusted annual salary (deducted for all paid non-working days). Larger holiday and PTO counts create a wider visual difference between the two values.
Multiple core variables determine individual compensation levels across industries and regions:
Multiple actionable methods exist to increase long-term salary potential without full career overhauls: