How to use this Salary Calculator
This tool helps you estimate your net income (take-home pay) by deducting estimated taxes from your gross salary.
- Hourly employees often need to know their estimated Annual Income for loan applications or long-term planning.
- Salaried employees might want to know their Hourly Rate to see if consulting or overtime work is worth it.
Assumption: This calculator assumes a standard 40-hour work week and 52 weeks per year.