Salary and rate calculators

Compare pay on equal terms. Convert between hourly rates and annual salaries, see what a raise adds to each paycheck, and set a freelance rate that covers expenses and unbilled time.

7 calculators, 6 guides

Salary and rate calculators

Raise Calculator

See your new pay after a percentage or dollar raise, per year, month, paycheck, and hour.

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Freelance Rate Calculator

Find the hourly and day rate that covers your income goal, expenses, and unbilled time.

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Annual Income Calculator

Your yearly gross income from pay, average overtime, bonuses, commission, tips, and other work.

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Job Offer Comparison Calculator

Compare two or three hourly or salaried offers by yearly value, overtime, benefits, commute, and pay per hour worked.

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Utilization Rate Calculator

Billable utilization from billable and available hours, gross and net of time off, with billable value and a target.

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Weighing a job offer or a raise

  1. Put the offer in hourly termsDivide a salary by the hours you will really work.Salary to Hourly Calculator
  2. Annualize an hourly offerSee yearly, monthly, and paycheck amounts, with unpaid weeks.Hourly to Salary Calculator
  3. Compare whole offersPut two or three offers side by side with overtime, benefits, and commute.Job Offer Comparison Calculator
  4. Size a raiseTurn a percentage into dollars per paycheck and project it forward.Raise Calculator
  5. Add it all upTotal yearly income with overtime, bonuses, and other pay.Annual Income Calculator
  6. Going freelance?Find the rate that replaces a salary once expenses and unbilled time count.Freelance Rate Calculator
  7. Track billable timeMeasure utilization against scheduled and available hours.Utilization Rate Calculator

Salary & rates guides

Worked examples and the rules behind the numbers.

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Also useful

Common questions

How many work hours are in a year?

A full-time schedule of 40 hours for 52 weeks is 2,080 hours. The federal government uses an average of 2,087 hours when converting salaries to hourly rates.

Is a salary or hourly job better?

It depends on the hours you will work, whether overtime is paid, and how time off and benefits are handled. Compare both on the same weekly hours.

Why is a freelance rate so much higher than a salary’s hourly rate?

Freelancers are paid only for billable hours and cover their own expenses, so the same income has to come from fewer paid hours.

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