Convert between hourly wage and annual, monthly, and weekly pay
Take-home is estimated at ~72% of gross (Fed + state tax). Actual depends on your tax situation. Benefits value is a rough estimate.
Run payroll in minutes, not hours. These tools automate payroll, benefits, and compliance.
We may earn a commission if you click above. Calculator is free to use.
Annual salary ÷ (52 weeks × hours per week). A $70,000 salary at 40 hrs/week = $70,000 ÷ 2,080 = $33.65/hr. For salaried exempt employees, add the value of benefits (health insurance, retirement match, PTO) to get true hourly value.
FLSA overtime: 1.5× regular rate for hours over 40/week. For hourly employees, it's simply 1.5× hourly rate. For salaried employees, calculate hourly equivalent first, then multiply overtime hours by 1.5×.
As of 2026, salaried workers earning $684/week ($35,568/year) or more may be exempt from overtime. Some states have higher thresholds (CA is $66,560/year for many positions). Exempt status depends on duties, not just salary.