Salary & Paycheck Calculator — Hourly, Monthly, Take-home
Enter an annual salary, your usual hours per week, and an effective tax rate. CalcWize breaks the salary down into monthly, weekly, and hourly gross pay, then applies your tax rate to estimate annual and monthly take-home. Use it to compare a salaried offer against an hourly rate, or to see what a raise is really worth after tax.
Gross pay across periods
Monthly gross is the annual salary ÷ 12, weekly is ÷ 52, and hourly is the annual divided by your worked hours per week × 52. These let you line up offers quoted in different ways — a $30/hour job versus a $60,000 salary, for instance.
Estimating take-home
Take-home depends on tax, social-security, and benefit deductions, which vary by country and situation. This tool uses a single effective rate you supply, so the net figure is a quick estimate — for bracket-by-bracket detail, use the Tax Estimator.
Hourly ↔ salary, fairly
When comparing hourly to salaried, account for paid leave, holidays, and unpaid breaks: a salaried role spreads pay across weeks you don’t work, while a contractor’s hourly rate usually has to cover that itself.
Common mistakes
Comparing gross to net; ignoring overtime, bonuses, or unpaid lunch; and forgetting employer benefits (pension match, insurance) that don’t show up in the headline number but are real compensation.
Frequently asked questions
- Is this my exact take-home pay?
- No — it applies one effective rate you enter, not real tax brackets, social security, or benefit deductions. It’s a fast estimate for comparing offers. For bracket-by-bracket detail, use the Tax Estimator.
- How do I turn an hourly rate into an annual salary?
- Multiply the hourly rate by hours per week and by 52. $30 × 40 × 52 ≈ $62,400 a year before tax — though that assumes you’re paid for every week, with no unpaid leave.
- Why use 52 weeks and not the number of working weeks?
- A salary is spread across the whole year including your paid leave, so 52 weeks reflects the true hourly value. A contractor charging by the hour usually has to load their rate to cover unpaid time off.
How we calculate it
Monthly gross = annual ÷ 12, weekly = annual ÷ 52, hourly = annual ÷ (hours per week × 52). Take-home applies a single effective rate you supply: net = gross × (1 − rate ÷ 100). It is a flat-rate estimate, not a bracket-by-bracket payroll calculation.
What it doesn't do
- Exact payroll, tax brackets, or social-security tables (use the Tax Estimator)
- Self-employment or contractor tax treatment
- Overtime, bonus, and shift-differential rules
Last reviewed: 2026-05