Salary Calculator
Convert between salary periods and calculate total compensation
Results
Converted Salary
$0.00
Per monthly period
Total Compensation
$0.00
Annual total
Hourly Rate
$0.00
Base rate per hour
Daily Rate
$0.00
Base rate per day
Effective Hourly Rate
$0.00
Including all compensation
Working Hours
1960
Annual working hours
Understanding Salary Components
Base Salary
Base salary is your fixed regular payment, typically expressed as an annual figure. It's the foundation of your compensation package and is guaranteed regardless of performance or company results.
Variable Compensation
- Bonuses: Additional payments based on performance or company results
- Commission: Percentage-based earnings from sales or specific achievements
- Overtime: Additional pay for hours worked beyond standard hours
- Stock Options: Right to purchase company stock at a set price
Salary Conversion Guide
Common salary conversion formulas (based on a standard work year):
- Annual to Monthly: Divide by 12
- Annual to Bi-weekly: Divide by 26
- Annual to Weekly: Divide by 52
- Annual to Daily: Divide by 260 (52 weeks × 5 days)
- Annual to Hourly: Divide by 2,080 (52 weeks × 40 hours)
Note: These calculations assume a standard work schedule. Adjust for part-time or alternative schedules.
Total Compensation Package
Direct Compensation
- Base salary
- Bonuses and commissions
- Overtime pay
- Profit sharing
- Stock options and RSUs
Benefits and Perks
- Health insurance
- Retirement plans (401(k), pension)
- Life and disability insurance
- Paid time off
- Professional development
Negotiating Your Salary
Preparation Tips
- Research industry standards and salary ranges
- Document your achievements and value
- Consider the entire compensation package
- Practice your negotiation pitch
- Be prepared with market data
Negotiation Points
- Base salary increase
- Sign-on bonus
- Performance bonus structure
- Equity compensation
- Flexible work arrangements
- Professional development budget
2024 Salary Trends
Average Increases
- Merit increases: 3.0% - 4.0%
- Promotion increases: 8% - 12%
- Cost of living adjustments: 2% - 3%
Benefits Trends
- Remote work options
- Mental health benefits
- Student loan assistance
- Expanded family leave