The formulas
- Annual = amount x periods per year (hourly: rate x hours per week x 52)
- Monthly = annual / 12; semi-monthly = annual / 24; biweekly = annual / 26; weekly = annual / 52
- Hourly = annual / (hours per week x 52)
How it works
Employers quote pay in different periods, so a comparison needs one base. This tool converts to an annual figure first, then divides. A year is 52 weeks, 26 biweekly periods, 24 semi-monthly periods or 12 months.
Hourly equivalents depend on the hours you assume. Salaried exempt staff who work more than 40 hours have a lower true hourly rate than the 40-hour figure. The tool gives gross pay before any tax or deduction.
Illustrative figures only. Check the result against your firm's methodology before relying on it.
Common questions
Why are biweekly and semi-monthly different?
Biweekly has 26 periods a year, semi-monthly has 24, so the check sizes differ.
Does it handle 27 pay-period years?
No. Some biweekly calendars have 27 pay dates in a year, which changes that year's total.
Is overtime included?
No. Use the overtime calculators for regular rate and overtime pay.
Formulas on this page are the standard definitions.
Runs in your browser. The figures you type are not sent to CORAA or stored. Check the result against your firm's methodology before relying on it.