Hourly Compensation Calculator
Hourly compensation calculator works out Hourly and Daily from Pay amount, Amount is per and Hours per week. The default figures on this page give hourly of 28.85 USD/h; change any entry and the result, the working and the sources update together.
Your figures
Updates as you typeHow this is worked out
6 steps
- Converting 60000 per annual to a hourly figure.
- Annualisation basis: 40 h/week x 52 weeks = 2080 h a year.
- Annual pay = 60000
- Monthly = annual / 12 = 5000; twice a month = annual / 24 = 2500
- Every two weeks = annual / 26 = 2307.692308; weekly = annual / 52 = 1153.846154
- Hourly = annual / 2080 = 28.846154
All frequenciestable
| period | amount |
|---|---|
| Hourly | 28.85 |
| Daily | 230.77 |
| Weekly | 1,153.85 |
| Every two weeks | 2,307.69 |
| Twice a month | 2,500 |
| Monthly | 5,000 |
| Quarterly | 15,000 |
| Annual | 60,000 |
Its 10 worked examples are re-run on every release, last on 15 September 2026. What changed
Sources and references
4 sources
Keep this result
Save it, change one figure, then compare the two
The calculation stays free. Save this scenario, adjust one assumption, save that too, and put them side by side to see exactly what the change costs you. A free account keeps 5 scenarios and 2 comparisons; Personal makes both unlimited and adds exports and private links. Nothing is saved unless you press Save.
What the hourly compensation calculator calculates
Converts pay between hourly, daily, weekly, biweekly, semi-monthly, monthly, quarterly and annual, with an optional adjustment for unpaid holidays and vacation.
How to use this hourly compensation calculator
Enter Pay amount, Amount is per, Hours per week and Work days per week. Hourly updates as you type. Change one figure at a time to see what drives the result.
How the result is worked out
Open “How this is worked out” beside the result for the step-by-step calculation behind Hourly, Daily and Weekly.
The method follows 5 U.S.C. 5504(b) - hourly rate of basic pay is the annual rate divided by 2,087, US Office of Personnel Management, Fact Sheet: Computing Hourly Rates of Pay Using the 2,087-Hour Divisor, US Bureau of Labor Statistics, National Compensation Survey: definitions of straight-time hourly and annual earnings and 5 U.S.C. 6103 - the ten federal public holidays used as the default unpaid-holiday count.
What you can compare
Change one input at a time to see how it affects Hourly, Daily and Weekly. The inputs you can vary are Pay amount, Amount is per, Hours per week, Work days per week, Weeks worked per year and Annualisation basis.
Results are general information, not financial, tax, legal, medical or engineering advice. Check any decision that matters with a qualified professional.
See something wrong? Report a problem with this calculator
Frequently asked questions
How to calculate hourly compensation?
Converts pay between hourly, daily, weekly, biweekly, semi-monthly, monthly, quarterly and annual, with an optional adjustment for unpaid holidays and vacation. Open “How this is worked out” beside the result to see each step for your own figures.
What is $2000 a year hourly?
Converts pay between hourly, daily, weekly, biweekly, semi-monthly, monthly, quarterly and annual, with an optional adjustment for unpaid holidays and vacation. On this page it is computed from Pay amount, Amount is per and Hours per week and shown as Hourly, Daily and Weekly.
What is $18 an hour hourly?
It needs Pay amount, Amount is per, Hours per week, Work days per week, Weeks worked per year and Annualisation basis. Nothing else is required, and the figures stay in your browser.
What information do I need for the hourly compensation calculator?
You need Pay amount, Amount is per, Hours per week, Work days per week, Weeks worked per year, Annualisation basis, Unpaid public holidays a year and Unpaid vacation days a year. The page opens with default figures that give hourly of 28.85 USD/h, so you can see the scale before entering your own.
What does this hourly compensation calculator show?
It shows Hourly, Daily, Weekly, Every two weeks, Twice a month, Monthly, Quarterly and Annual, with the working and any warnings for your entries.
Can I check how the hourly compensation calculator result was calculated?
Yes. The “How this is worked out” section shows the calculation steps, and the sources section identifies the references used for the method.