TheFreeTool

Paycheck Frequency Converter

Type one pay figure and pick how often you get it. You instantly see the same pay as hourly, daily, weekly, bi-weekly, semi-monthly, monthly, quarterly and yearly amounts.

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What it does

  • Eight pay periods in one view, from hourly to annual
  • Set your own hours per week, days per week and weeks per year
  • Handles the bi-weekly versus semi-monthly difference
  • Works in any currency from the currency menu
  • Copy the whole table in one click

How to use it

  1. Enter the amount you are paid.
  2. Choose how often you get it, such as bi-weekly or monthly.
  3. Adjust hours, days and weeks if your schedule is not 40 hours over 52 weeks.
  4. Read the other pay periods in the table, or copy them.

How does the conversion work?

Everything goes through your yearly pay. A bi-weekly amount is multiplied by 26 to get the year, a weekly one by 52 and a monthly one by 12. Then the yearly figure is divided back down for each other period. Hourly pay uses your hours per week and weeks per year, so the default is 40 hours over 52 weeks, or 2,080 hours.

Bi-weekly and semi-monthly sound alike but are not the same. Bi-weekly means every two weeks, so 26 paychecks a year. Semi-monthly means twice a month, so 24 paychecks. A bi-weekly salary of $2,000 is $52,000 a year, while a semi-monthly one of $2,000 is $48,000. The tool shows both so you can compare job offers properly.

Example

A bi-weekly paycheck of $2,000 comes to $52,000 a year. That is $1,000 a week, about $4,333 a month and $25 an hour on a 40-hour week. If the same $2,000 came twice a month instead, the year would be $48,000.

Questions people ask

Is this before or after tax?
It converts whatever amount you type. If you enter gross pay you get gross figures, and if you enter take-home pay you get take-home figures. For tax, see our take-home pay calculators.
Why is monthly pay not weekly pay times four?
A year has 52 weeks, not 48. Four weeks times twelve months leaves out four weeks of pay. The converter divides the yearly figure by 12 instead.
What about unpaid weeks?
Change the weeks per year field, for example to 48, and every figure updates.
Can I use it for part-time work?
Yes. Set your actual hours per week and days per week.
Is my pay saved anywhere?
No. It stays in your browser and is only remembered on your own device so the page is ready next time.

Disclaimer

This tool is for general information only. It is not financial, tax, investment or legal advice, and results are estimates that may differ from your bank, lender or tax authority. Rates, limits and tax rules change. Bank and brand names are used only to describe what the tool does; they belong to their owners and we are not affiliated with them. Check the figures with a qualified professional or your provider before you decide. You use this tool at your own risk, and TheFreeTool is not liable for any loss that follows. Read the full disclaimer

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