Salary Calculator
Convert salary between payment frequencies with vacation and holiday adjustments
Table of Contents
| Unadjusted | Holidays & vacation adjusted | |
|---|---|---|
| Hourly | $0.00 | $0.00 |
| Daily | $0.00 | $0.00 |
| Weekly | $0.00 | $0.00 |
| Bi-weekly | $0.00 | $0.00 |
| Semi-monthly | $0.00 | $0.00 |
| Monthly | $0.00 | $0.00 |
| Quarterly | $0.00 | $0.00 |
| Annual | $0.00 | $0.00 |
Salary Conversion Formulas
Base Calculations
Annual Days = Days per week × 52 weeks
Annual Hours = Hours per week × 52 weeks
Hours per Day = Hours per week ÷ Days per week
From Hourly Rate
Weekly = Hourly Rate × Hours per Week
Biweekly = Hourly Rate × Hours per Week × 2
Semi-monthly = (Hourly Rate × Hours per Week × 52) ÷ 24
Monthly = (Hourly Rate × Hours per Week × 52) ÷ 12
Quarterly = (Hourly Rate × Hours per Week × 52) ÷ 4
Annual = Hourly Rate × Hours per Week × 52
Vacation & Holiday Adjustments
Hours Lost to Time Off = Total Time Off Days × Hours per Day
Adjusted Annual Hours = (Hours per Week × 52) − Hours Lost to Time Off
Adjusted Hourly = Annual Salary ÷ Adjusted Annual Hours
Adjusted Daily = Adjusted Hourly × Hours per Day
Adjusted Weekly = Adjusted Hourly × Hours per Week
Adjusted Biweekly = Adjusted Hourly × Hours per Week × 2
Working Days Calculation
Adjusted Annual Working Days = (52 × Days per Week) − (Holidays + Vacation)
Payment Frequency Conversions
• Hourly: Annual = Hourly × Hours per Week × 52
• Daily: Annual = Daily × Days per Week × 52
• Weekly: Annual = Weekly × 52
• Biweekly: Annual = Biweekly × 26
• Semi-monthly: Annual = Semi-monthly × 24
• Monthly: Annual = Monthly × 12
• Quarterly: Annual = Quarterly × 4
Between Pay Periods
Semi-monthly = (Biweekly × 26) ÷ 24
Weekly to Biweekly:
Biweekly = Weekly × 2
Monthly to Biweekly:
Biweekly = (Monthly × 12) ÷ 26
Payment Periods Explained
Hourly Pay
The most basic unit of compensation, paid per hour worked. Typically used for part-time and hourly workers. Unadjusted value does not account for holidays/vacation.
Daily Pay
Payment calculated per working day. Usually equals hourly rate multiplied by hours per day (typically 8 hours). Useful for contract and gig workers.
Weekly Pay
Payment for one week of work. With standard 40-hour weeks, this equals hourly rate × 40. Some employers use weekly pay periods for easier payroll management.
Biweekly Pay (26 times/year)
The most common pay frequency in the US. Employees receive 26 paychecks per year, every 2 weeks. Each check covers 80 hours of work at standard 40-hour weeks.
Semi-monthly Pay (24 times/year)
Two paychecks per month, typically on the 15th and last day. Results in 24 paychecks annually. Semi-monthly checks are typically larger than biweekly due to fewer total checks.
Monthly Pay (12 times/year)
One paycheck per month, common in professional and salaried positions. Requires careful budgeting as each payment is larger but less frequent.
Quarterly Pay (4 times/year)
Four paychecks per year, used by some contractors or seasonal workers. Requires significant financial planning and expense management.
Annual Salary
The total compensation for one year of work. This is the standard way salaries are quoted for full-time positions (e.g., "$50,000 annual salary").
Unadjusted vs. Adjusted
Unadjusted values ignore holidays and vacation days, assuming 260 working days per year. Adjusted values account for time off, resulting in lower per-period payments but representing true working time compensation.
Calculation Methodology
Standard Assumptions
• 52 working weeks per year
• 260 working days per year (52 weeks × 5 days)
• 2,080 working hours per year (52 weeks × 40 hours)
• 10 federal holidays per year
• 15 vacation/PTO days per year
Step-by-Step Calculation Process
Step 1: Identify the input salary amount and its frequency (e.g., $50/hour).
Step 2: Convert the input to an annual salary using the base formula (Hourly × 40 × 52 = Annual).
Step 3: Calculate unadjusted values for all payment frequencies from the annual amount.
Step 4: Calculate hours/days lost to holidays and vacation (e.g., 10 days + 15 days = 25 days × 8 hours = 200 hours).
Step 5: Adjust annual working hours (2,080 − 200 = 1,880 adjusted hours).
Step 6: Calculate adjusted hourly rate using adjusted hours (Annual ÷ 1,880 = adjusted hourly).
Step 7: Calculate adjusted values for all payment frequencies using the adjusted hourly rate.
Important Notes
Examples
Example 1 - $50/hour:
- Annual: $50 × 40 × 52 = $104,000 (unadjusted)
- Monthly: $104,000 ÷ 12 = $8,667 (unadjusted)
- With 25 days off: 2,080 − 200 = 1,880 hours
- Adjusted hourly: $104,000 ÷ 1,880 = $55.32
- Adjusted annual: ~$94,000 (accounting for time off)
Example 2 - $100,000 annual salary:
- Biweekly (26 checks): $100,000 ÷ 26 = $3,846.15
- Semi-monthly (24 checks): $100,000 ÷ 24 = $4,166.67
- Monthly (12 checks): $100,000 ÷ 12 = $8,333.33
- Hourly (40 hrs/week): $100,000 ÷ 2,080 = $48.08