Salary & Paycheck Calculators

CalcAuthority's new operator-focused calculators are now organized under Contractors & Trades and Small Business Core.

This hub covers salary and paycheck math — converting between pay periods, estimating net income, and calculating overtime. Every calculator shows the formula it uses and includes worked examples.

Understanding Salary vs. Hourly Pay

A salary is a fixed annual amount paid regardless of exact hours worked each week. An hourly wage is paid for each hour worked, with overtime (typically 1.5×) for hours over 40 per week. Converting between them requires knowing your hours per week and weeks per year. The standard is 40 hours × 52 weeks = 2,080 annual hours.

Pay Period Comparison

The same annual salary produces different amounts per paycheck depending on how frequently you are paid:

Biweekly is the most common in the US. Note that biweekly (every two weeks) is not the same as semi-monthly (twice a month). Biweekly produces two months per year with three paychecks.

Why Gross Pay and Take-Home Pay Differ

Gross pay is agreed compensation before deductions. Take-home (net) pay is what you receive after federal income tax, state income tax, FICA taxes (Social Security 6.2% + Medicare 1.45%), and benefit contributions. The combined effective rate is typically 18–35% for most US workers. Use the Take-Home Pay Calculator to model your specific situation.

Overtime

Under the federal Fair Labor Standards Act, non-exempt hourly employees earn at least 1.5× their regular rate for hours worked over 40 in a workweek. Some states impose stricter rules (California requires daily overtime after 8 hours). Salaried employees classified as exempt are generally not entitled to overtime. See the Overtime Pay Calculator for estimates.

All calculators provide estimates for educational purposes only. See our Financial Disclaimer and Methodology.