Salary Calculator — Net Pay after Tax & Insurance
This calculator converts gross to net salary: a 5,000 salary with 10% combined tax and insurance leaves 4,500 net.
- Enter your pay and deduction rates — free breakdown.
Figures are estimates from this calculator’s standard formula — adjust the inputs in the tool below for your exact number.
How Salary Calculation Works
The salary calculator converts compensation between different pay frequencies: annual, monthly, bi-weekly, weekly, and hourly. It accounts for work hours and weeks to provide accurate conversions for comparing job offers or budgeting. Worked example: $30 per hour × 8 hours × 260 working days = $62,400 gross per year, about $5,200 per month. After roughly 22% combined tax and social contributions the net take-home is near $48,700 — the number that actually fits your budget.
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Step 1
Enter your salary amount in any frequency
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Step 2
Select the pay frequency (annual, monthly, hourly, etc.)
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Step 3
Specify hours per week if converting to/from hourly
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Step 4
Enter weeks worked per year (typically 52)
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Step 5
Calculator converts to all other pay frequencies
Use Cases
Job Offer Comparison
Convert salaries to the same frequency to compare offers - one quoted annually vs. one quoted hourly.
Budget Planning
Understand your monthly or bi-weekly take-home for budgeting based on annual salary figures.
Salary Negotiation
Convert your desired annual salary to hourly rate for contractor negotiations, or vice versa.
Freelance Pricing
Determine hourly rate needed to match a target annual income considering billable hours.
Tips
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Standard full-time is 40 hours/week, 52 weeks/year = 2,080 hours annually
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Account for unpaid time off when converting - 50 weeks may be more realistic than 52
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Gross salary differs from net (take-home) - factor in taxes and deductions
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Benefits have value too - healthcare, 401k match add to total compensation
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Bi-weekly pay means 26 paychecks/year, not 24 (important for budgeting)
Common Mistakes
Forgetting Benefits Value
Confusing Bi-Weekly and Semi-Monthly
Not Accounting for Taxes
Ignoring Overtime Eligibility
FAQs
How do I calculate net salary from gross?
What is the difference between gross, net and basic salary?
Are allowances taxable?
How do I work out my deduction percentage?
How should I budget my net salary?
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