Career & Salary Calculators
Free career calculators for salary conversion, hourly to annual pay, take-home wages, and career planning.
About Career & Salary Calculators
Salary numbers define your career decisions. A $75,000 job offer sounds great—until you calculate the $54,750 take-home after federal (12% bracket), FICA (7.65%), and state taxes (~5%). A "$5,000 raise" is actually $3,250/year after taxes, or $271/month—not life-changing. Comparing $30/hour ($62,400/year) to $60,000 salary means the hourly job pays $2,400 more annually. Our career and salary calculators show exact dollar amounts for job offers, raises, hourly conversions, and take-home pay—helping you make decisions based on real numbers, not guesses.
Hourly to Salary Conversion
The Standard Formula
Converting hourly wage to annual salary (assuming 40-hour work week, 52 weeks/year):
Annual Salary = Hourly Rate × Hours/Week × 52 weeks Example: $25/hour - $25 × 40 hours/week × 52 weeks = $52,000/year - Monthly: $52,000 ÷ 12 = $4,333/month - Biweekly (26 pay periods): $52,000 ÷ 26 = $2,000/paycheck - Weekly: $52,000 ÷ 52 = $1,000/week
Common Hourly Rates Converted
- $15/hour: $31,200/year | $2,600/month | $1,200/biweekly
- $20/hour: $41,600/year | $3,467/month | $1,600/biweekly
- $25/hour: $52,000/year | $4,333/month | $2,000/biweekly
- $30/hour: $62,400/year | $5,200/month | $2,400/biweekly
- $35/hour: $72,800/year | $6,067/month | $2,800/biweekly
- $50/hour: $104,000/year | $8,667/month | $4,000/biweekly
- $75/hour: $156,000/year | $13,000/month | $6,000/biweekly
- $100/hour: $208,000/year | $17,333/month | $8,000/biweekly
Reverse: Salary to Hourly
To find hourly rate from annual salary (standard 40 hours/week):
Hourly Rate = Annual Salary ÷ 2,080 hours (2,080 = 40 hours/week × 52 weeks) Example: $60,000 salary - $60,000 ÷ 2,080 = $28.85/hour - But if you work 50 hours/week: $60,000 ÷ 2,600 = $23.08/hour - Effective rate drops 20% with unpaid overtime!
Common salaries converted to hourly:
- $40,000/year: $19.23/hour (40 hrs/wk) | $15.38/hour (50 hrs/wk)
- $50,000/year: $24.04/hour (40 hrs/wk) | $19.23/hour (50 hrs/wk)
- $60,000/year: $28.85/hour (40 hrs/wk) | $23.08/hour (50 hrs/wk)
- $75,000/year: $36.06/hour (40 hrs/wk) | $28.85/hour (50 hrs/wk)
- $100,000/year: $48.08/hour (40 hrs/wk) | $38.46/hour (50 hrs/wk)
Take-Home Pay Calculation
From Gross to Net (Single Filer, No State Tax)
Example: $75,000 gross salary, single filer, standard deduction, no state tax:
- Gross annual: $75,000
- Standard deduction (2026): $15,000
- Taxable income: $75,000 - $15,000 = $60,000
- Federal tax (12% bracket):
- 10% on first $11,600 = $1,160
- 12% on remaining $48,400 = $5,808
- Total federal tax: $6,968
- FICA taxes:
- Social Security: 6.2% × $75,000 = $4,650
- Medicare: 1.45% × $75,000 = $1,088
- Total FICA: $5,738
- Total deductions: $6,968 + $5,738 = $12,706
- Annual take-home: $75,000 - $12,706 = $62,294
- Monthly take-home: $62,294 ÷ 12 = $5,191
- Effective tax rate: 16.9% (not the 12% bracket rate!)
Add state tax (avg 5%) and you're down to ~$58,544 take-home = 78% of gross. Add health insurance ($200/month) and 401k (6%) and you're at ~$52,000 net = 69% of gross.
Quick Take-Home Estimates
Approximate take-home percentages (varies by state, deductions, filing status):
- $40,000 gross: ~$32,800 net (82% - lower tax bracket)
- $60,000 gross: ~$47,400 net (79%)
- $75,000 gross: ~$58,500 net (78%)
- $100,000 gross: ~$75,000 net (75% - higher bracket)
- $150,000 gross: ~$107,250 net (71.5% - 24% bracket)
Rule of thumb: Take-home is roughly 70-80% of gross for most earners, trending lower as income increases.
Comparing Job Offers: Real Examples
Offer A: $70,000 salary + health insurance ($500/month value) + 4% 401k match
- Base: $70,000
- Health insurance value: $6,000/year
- 401k match (4% of $70k): $2,800/year
- Total compensation: $78,800/year
- Take-home (est. 77%): $53,900/year = $4,492/month
Offer B: $75,000 salary + no benefits
- Base: $75,000
- Must buy health insurance: -$500/month = -$6,000/year
- No 401k match: $0
- Effective compensation: $69,000/year
- Take-home (est. 77% of $75k): $57,750 - $6,000 insurance = $51,750/year = $4,313/month
Winner: Offer A provides $2,100 more annual value ($175/month more take-home) despite lower base salary. Total comp matters more than base pay.
Salary vs. Hourly with Overtime
Option 1: $55,000 salary (exempt, no overtime pay), expect 50 hours/week
- Annual: $55,000
- Hours: 50/week × 52 = 2,600 hours/year
- Effective hourly: $55,000 ÷ 2,600 = $21.15/hour
Option 2: $22/hour (non-exempt, overtime eligible), expect 50 hours/week
- Regular pay: 40 hours × $22 × 52 weeks = $45,760
- Overtime: 10 hours × $33 (1.5× rate) × 52 weeks = $17,160
- Annual total: $45,760 + $17,160 = $62,920
- Effective hourly: $62,920 ÷ 2,600 = $24.20/hour
Winner: Hourly with overtime earns $7,920 more annually ($660/month) for the same hours worked. Salaried position pays $21.15/hour vs $24.20/hour for hourly.
Raises & Promotions: Real Dollar Impact
Current salary: $65,000
3% annual raise (cost of living):
- Increase: $65,000 × 0.03 = $1,950/year
- After taxes (~23%): $1,502/year = $125/month
- New salary: $66,950
5% merit raise:
- Increase: $65,000 × 0.05 = $3,250/year
- After taxes (~23%): $2,503/year = $209/month
- New salary: $68,250
10% raise (promotion or counter-offer):
- Increase: $65,000 × 0.10 = $6,500/year
- After taxes (~23%): $5,005/year = $417/month
- New salary: $71,500
15% raise (big promotion):
- Increase: $65,000 × 0.15 = $9,750/year
- After taxes (~23%): $7,508/year = $626/month
- New salary: $74,750
Lifetime impact: A 5% raise at age 30 compounds over 35 years. Assuming 3% annual raises after that, the 5% bump adds ~$85,000 to lifetime earnings compared to getting only 3% that year.
Bonus & Commission Calculations
$10,000 bonus on $80,000 salary:
- Gross bonus: $10,000
- Federal withholding (22% supplemental rate): $2,200
- FICA (7.65%): $765
- State tax (5%): $500
- Net bonus: $10,000 - $2,200 - $765 - $500 = $6,535 take-home
You keep ~65% of bonus after withholding. Actual tax owed depends on total annual income when you file—you might get some back or owe more.
$5,000 raise vs. $5,000 annual bonus:
- $5,000 raise: Permanent income increase, compounds with future raises, ~$3,850/year net ongoing
- $5,000 bonus: One-time payment, ~$3,250 net once, not guaranteed next year
- 10-year value of raise: ~$46,000 (accounting for compounding raises)
- 10-year value of bonus (if repeated): ~$32,500 (no compounding)
Raises are worth more long-term than equivalent bonuses because they compound with future increases.
Your salary impacts every financial decision you make. Use the calculators above to convert hourly to annual rates, estimate take-home pay, compare job offers, and understand the true value of raises. Numbers don't lie—know exactly what you're earning and what you're worth.
Frequently Asked Questions
How do you convert hourly to annual salary?
To convert hourly to annual salary, multiply your hourly rate by the number of hours worked per week (typically 40), then multiply by 52 weeks. For example, $25/hour × 40 hours × 52 weeks = $52,000 per year. Our calculator accounts for vacation days, paid time off, and different work schedules.
What's the difference between gross and net salary?
Gross salary is your total pay before any deductions. Net salary (take-home pay) is what you actually receive after taxes, insurance, retirement contributions, and other deductions. Net pay is typically 70-80% of gross pay, depending on your tax situation and benefits.
How accurate are salary calculator tax estimates?
Our tax estimates use current federal tax brackets and standard deductions to provide a reasonable approximation. However, actual taxes vary based on state/local taxes, filing status, deductions, credits, and other factors. For precise tax planning, consult a tax professional or use detailed tax software.
Should I negotiate salary based on gross or net pay?
Always negotiate based on gross salary. Employers quote positions in gross annual or hourly amounts. You can use our calculator to understand what the net (take-home) pay will be, but salary negotiations should focus on the gross amount, along with benefits, bonuses, and other compensation.
How do bonuses affect my taxes?
Bonuses are considered supplemental wages and may be taxed differently than regular income. They're often withheld at a flat supplemental rate (22% federal for most bonuses under $1 million). However, bonuses are added to your annual income and taxed at your actual marginal rate when you file your tax return.
What factors affect take-home pay besides taxes?
Beyond income taxes, your take-home pay is reduced by: Social Security tax (6.2%), Medicare tax (1.45%), health insurance premiums, retirement contributions (401k, IRA), HSA/FSA contributions, disability insurance, life insurance, union dues, and garnishments if applicable.