Convert Bi-weekly Salary to Hourly Wages
This calculator will help you to quickly convert a wage stated in one periodic term (hourly, weekly, etc.) into its equivalent stated in all other common periodic terms. This can be helpful when comparing your present wage to a wage being offered by a prospective employer where each wage is stated in a different periodic term (e.g., one is listed as an hourly wage and the other is listed as annually).
Simply enter a wage, select it's periodic term from the pull-down menu, enter the number of hours per week the wage is based on, and click on the "Convert Wage" button.
Current Cambridge Deposit Interest Rates
We publish current Cambridge savings & CD rates. Savers can use the filters at the top of the table to adjust their initial deposit amount along with the type of account they are interested in: high interest savings, certificates of deposit, money market accounts and interest bearing checking accounts.
How Much is Your Effective Hourly Wage?
Each year has 52 weeks in it, which is equivalent to 26 biweekly periods. Many employers give employees 2 weeks off between the year end holidays and a week of vacation during the summer, reducing the work year to 25 biweekly pay periods. If you work 8 hours a day, 5 days a week & 50 weeks per year, that comes out to 2,000 hours per year. Quick conversion tips:
- Biweekly to annual: To convert biweekly income to annual income you would typically multiply your biweekly income by 24, 25, or 26. There are 52 weeks in a year & you divide the weeks by 2 to convert to biweekly. If you have 2 weeks off you would take off 1 biweekly pay period. If you work 50 weeks a year & are paid ever other week then multiply those biweekly pay periods by 25 to calculate the associated annual income.
- Biweekly to hourly: Divide your biweekly income by how many hours you typically work in a your typical pay period. For example, if you work 8 hours a day & 5 days a week that is 40 hours per week. If you are paid every other week then multiply the 40 by 2 & get 80. So if you make $2,000 every other week, divide that amout by 80 and you would get $25 per hour.
- Annual to hourly: Divide your annual salary by how many hours you work in a year. If you work 2,000 hours a year and make $50,000 a year then you would drop the 4 zeros from the annual salary & divide the result by 2 to get $25 per hour.
If you work an uneven number of hours each week but a paid a flat amount for each week of work then you can sum together two weeks and divide by 2 in order to figure out your average hourly wage across the period. For example, doctors and nurses might work 3 12-hour shifts one week and 4 12-hour shifts the next week. Adding these two together one gets 36 + 48 = 84 hours worked each pay period. When entering data in the above calculator an employee could list their work days per week as 3.5.
Some employers who have mid-level management on salary often view getting management to work a bit longer as free labor. If your stated work week is 5 8-hour days but your boss also has you come in on most Saturdays then you could calculate your work week as having 6 days to calculate what the true hourly earnings are.
The following table lists the effective pre-tax hourly wage associated for various biweekly incomes across 40 & 50-hour work weeks.
| Biweekly Income | Hourly @ 40 hours / week | Hourly @ 50 hours / week |
|---|---|---|
| $400.00 | $5.00 | $4.00 |
| $285.00 | $7.25 | $5.80 |
| $800.00 | $10.00 | $8.00 |
| $1,200.00 | $15.00 | $12.00 |
| $1,600.00 | $20.00 | $16.00 |
| $2,000.00 | $25.00 | $20.00 |
| $2,400.00 | $30.00 | $24.00 |
| $2,800.00 | $35.00 | $28.00 |
| $3,200.00 | $40.00 | $32.00 |
| $3,600.00 | $45.00 | $36.00 |
| $4,000.00 | $50.00 | $40.00 |
| $6,000.00 | $75.00 | $60.00 |
| $8,000.00 | $100.00 | $80.00 |
| $20,000.00 | $250.00 | $200.00 |
| $40,000.00 | $500.00 | $400.00 |
| $80,000.00 | $1,000.00 | $800.00 |