Skip to content
Calculate.FAST

Salary converter

Convert one gross-pay amount across six periods using the working schedule you actually want to compare.

Last reviewed
Salary converter · gross pay
$

Used only for the hourly equivalent.

Used only for the daily equivalent.

Used for hourly, daily, weekly and fortnightly equivalents.

Annual gross pay
$60,000
Annual equivalent
$60,000
Gross pay equivalents
Hourly
$28.85
Daily
$230.77
Weekly
$1,153.85
Fortnightly
$2,307.69
Monthly
$5,000
Annual
$60,000

Based on 40 hours per week, 5 working days per week and 52 working weeks per year.

Gross pay before tax and deductions. Monthly uses 12 calendar months; hourly and daily use separate schedule settings.

Included

  • Hourly, daily, weekly, fortnightly, monthly and annual gross-pay equivalents
  • Editable hours per week, working days per week and working weeks per year
  • Independent hourly and daily assumptions, shown with the result

Not included

  • Income tax, payroll deductions and take-home pay
  • Overtime, bonuses, commission, benefits and employer costs
  • A decision about paid leave, payroll policy or which schedule your employer should use

What this means

The converter first turns the amount you entered into an annual gross figure. It then divides that annual figure into each other period. This keeps all six rows tied to one consistent total.

Hourly pay uses your hours per week multiplied by your working weeks per year. Daily pay separately uses your working days per week multiplied by those weeks. The two settings are independent, so the calculator does not assume how many hours make up one working day.

Monthly pay uses 12 calendar months. Fortnightly means one two-week period, so its annual factor is your working weeks divided by two. The results show equivalent gross pay; your payslip may differ.

Formula & worked example

annual gross = entered pay × entered-period periods per year

hourly periods/year = hours/week × weeks/year
daily periods/year = days/week × weeks/year
weekly periods/year = weeks/year
fortnightly periods/year = weeks/year ÷ 2
monthly periods/year = 12
annual periods/year = 1

pay for a period = annual gross ÷ that period's periods per year

$60,000 gross a year, 40 hours and 5 working days a week, across 52 weeks

Monthly: $60,000 ÷ 12
$5,000
Weekly: $60,000 ÷ 52
$1,153.85
Daily: $60,000 ÷ (5 × 52)
$230.77
Hourly: $60,000 ÷ (40 × 52)
$28.85

$60,000 a year is $5,000 a month or about $28.85 an hour under that schedule, before tax and deductions.

Common questions

Why does monthly pay not equal four weeks?
A calendar year has 12 months. With 52 working weeks selected, one month represents 52 ÷ 12, or about 4.33 weeks, rather than exactly four.
Should working weeks include paid leave?
Use the number that matches the comparison you want. Keep 52 when your annual gross amount covers the full year. Reduce it when you want to compare fewer paid or earning weeks.
Is this my take-home pay?
No. Every amount is gross before income tax, payroll deductions, pension or super contributions and other adjustments.
Why can hourly and daily amounts use separate settings?
Hours per week and working days per week describe different comparisons. Keeping them separate avoids guessing the length of your working day.

Related calculators

Pay raise calculatorContractor rate calculatorOvertime pay calculator