Salary Calculator

Convert between hourly, weekly, monthly, and annual salaries. Calculate take-home pay, overtime earnings, and compare job offers with our comprehensive salary conversion tool.

Calculate Your Salary & Take-Home Pay

Salary Amount

Enter your current salary or job offer amount

Hours Per Week Standard full-time: 40 hours

Weeks Per Year 50 weeks = 2 weeks vacation

Tax Rate (%) Estimated total tax rate (federal + state + local)

Monthly Deductions Health insurance, 401k, etc.

Overtime Hours (Weekly) Additional hours at 1.5x rate (if applicable)

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Salary Breakdown Results

Annual Gross Salary$0

Annual Take-Home$0

Monthly Gross

Monthly Take-Home

Weekly Gross

Weekly Take-Home

Hourly Rate

Effective Hourly Rate

Salary Breakdown Analysis

Salary Optimization Strategies

Professional insights to maximize your earning potential and financial wellness

Increase Your Hourly Value

Focus on skill development and certifications that can increase your hourly rate. A $5/hour increase equals significant annual income growth.

Calculate to see potential gain

Negotiation Power

Understanding your total compensation helps in salary negotiations. Include benefits, PTO, and growth opportunities in discussions.

Calculate to see leverage points

Overtime Strategy

Analyze whether overtime hours provide the best ROI for your time, or if side projects might yield better long-term returns.

Calculate to see overtime value

Tax Optimization

Maximize 401k contributions, HSAs, and other pre-tax benefits to reduce your tax burden and increase take-home pay.

Calculate to see tax savings

Gross Income

Base Salary: $0

Overtime Pay: $0

Total Hours/Year: 0

Effective Rate: $0/hr

Deductions

Total Taxes: $0

Other Deductions: $0

Total Deductions: $0

Take-Home %: 0%

Compare Job Offers

Total Compensation Analysis

💡 Pro Tip: Total Compensation

Salary is just one part of your total compensation. Consider health insurance value, 401k matching, PTO, professional development, and work-life balance when evaluating offers.

Health Insurance

Employer coverage can be worth $5,000-$15,000+ annually

401k Matching

3-6% match can add $1,500-$5,000+ to your compensation

Paid Time Off

20 days PTO ≈ 4% additional compensation value

Professional Development

Training budget and conference attendance can be worth $2,000-$10,000

Enter your salary information above to see detailed breakdown and analysis.

Tax & Deduction Guidelines

Understand typical tax rates and deductions to better estimate your take-home pay and plan your finances.

Federal Tax Rates

2024 tax brackets for single filers (marginal rates).

$0 - $11,000: 10%

$11,001 - $44,725: 12%

$44,726 - $95,375: 22%

$95,376+: 24%+

FICA Taxes

Social Security and Medicare taxes (employer + employee).

Social Security: 12.4%

Medicare: 2.9%

Employee Portion: 7.65%

SS Wage Cap 2024: $160,200

State Tax Examples

State income tax varies significantly by location.

No State Tax: TX, FL, WA

Low Tax (1-5%): NH, TN, NV

High Tax (8-13%): CA, NY, NJ

Average Rate: 5-7%

Pre-Tax Benefits

Common pre-tax deductions that reduce taxable income.

401(k) Max 2024: $23,000

HSA Max (Individual): $4,150

FSA Max: $3,200

Health Insurance: $200-500/mo

Understanding Your Salary & Pay Structure

Salary vs Hourly

Salary: Fixed annual amount, usually exempt from overtime
Hourly: Paid per hour worked, eligible for overtime pay
Benefits: Salary positions often include better benefits
Flexibility: Consider work-life balance and scheduling

Calculating True Value

Include all forms of compensation (base + bonus + benefits)
Factor in actual hours worked for true hourly rate
Consider commute time and expenses
Evaluate growth and advancement opportunities

Negotiation Strategy

Research market rates for your position and location
Quantify your achievements and value proposition
Consider non-salary benefits in negotiations
Timing matters - align with performance reviews

Salary Planning Tips

Maximize Your Earnings

Invest in skills that increase your market value
Seek certifications relevant to your field
Consider geographic arbitrage opportunities
Develop multiple income streams
Track and document your achievements

Optimize Your Take-Home

Maximize pre-tax contributions (401k, HSA)
Understand your marginal tax bracket
Use employer benefits to reduce taxable income
Consider Roth vs traditional retirement accounts
Plan for tax-efficient investing strategies