Annual to hourly
A $60,000 annual salary at 40 hours a week over 5 days works out to about $28.85 an hour, unadjusted.
This is an estimate for information only. It does not include taxes, benefits or overtime rules.
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The "unadjusted" column simply annualizes the number you entered, assuming every week is worked and paid the same. The "adjusted" column matters for hourly or daily pay: it reduces the annual total by the unpaid holiday and vacation days you specify, since those days are not worked or paid at an hourly or daily rate.
Salaried pay (weekly, monthly or annual) is usually unaffected by holidays — the same paycheck arrives whether or not a public holiday falls in that period — so the adjusted and unadjusted columns match for those bases.
Annual = Hourly rate × Hours per week × 52
A $60,000 annual salary at 40 hours a week over 5 days works out to about $28.85 an hour, unadjusted.
$25 an hour at 40 hours a week, with 25 unpaid days off a year, comes to $47,000 adjusted annual pay.
Because a fixed weekly, monthly or annual salary is normally paid the same every period regardless of holidays — only hourly and daily pay actually loses money on unworked days.
No — every figure here is gross pay, before any tax or deduction.
Days per week times 52, before subtracting the holiday and vacation days you enter — for a standard 5-day week that is 260 days before any time off.
Yes — set the hours or days per week to your actual part-time schedule and every conversion adjusts accordingly.
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