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- Enter your pay and choose the period it is quoted in, such as per hour or per year.
- Enter your usual hours per week and days per week.
- Enter holidays and vacation days. If you are paid hourly and these days are unpaid, the adjusted column shows your realistic annual pay.
Formel
Pay is first converted to an annual amount using 52 weeks per year, then divided into each period. The adjusted figures remove days off from the number of paid working days.
Annual = hourly rate × hours per week × 52
Working days = 52 × days per week − holidays − vacation days
Example
- $25 per hour × 40 hours × 52 weeks = $52,000 per year.
- Monthly = 52,000 ÷ 12 ≈ $4,333.33; bi-weekly = 52,000 ÷ 26 = $2,000.
- If 25 days off are unpaid: 52,000 × (260 − 25) ÷ 260 = $47,000.
Häufige Fragen
Is bi-weekly the same as semi-monthly?
No. Bi-weekly means every two weeks (26 paychecks a year). Semi-monthly means twice a month (24 paychecks), so each semi-monthly check is slightly larger.
How many working hours are in a year?
A full-time 40-hour week gives 2,080 hours a year (40 × 52), before holidays and vacation.
Is this before or after tax?
These are gross (pre-tax) amounts. Use the take-home paycheck calculator to estimate pay after tax in the US.