Paycheck Calculator
Calculate your gross pay from hourly rate. See weekly, bi-weekly, and monthly amounts with overtime.
Paycheck Calculator
Calculate your gross pay from hourly rate to weekly, bi-weekly, and monthly amounts
Formula
Gross Pay = (Hourly Rate × Hours) + (Hourly Rate × OT Multiplier × OT Hours)How to Use
- 1Enter hourly rate — Input your hourly wage or pay rate.
- 2Set hours per week — Enter your regular weekly hours (typically 40).
- 3Add overtime — Include any overtime hours and the overtime multiplier (usually 1.5x).
- 4Select pay frequency — Choose how often you get paid.
- 5View results — See your paycheck amount and annual salary.
Frequently Asked Questions
What is the standard overtime multiplier?
In the US, the standard overtime rate is 1.5x (time and a half) for hours worked over 40 per week. Some employers offer 2x for holidays.
Does this include taxes?
This calculator shows gross pay before taxes. Your actual take-home pay will be lower after federal, state, and local taxes.
What's the difference between bi-weekly and semi-monthly?
Bi-weekly means every two weeks (26 paychecks/year). Semi-monthly means twice a month on set dates (24 paychecks/year).
How do I calculate my annual salary from hourly rate?
Multiply your hourly rate by hours per week, then by 52 weeks. For example: $25/hr × 40 hrs × 52 weeks = $52,000/year.
Should I include overtime in my budget?
It's safer to budget based on regular hours only. Overtime can vary and isn't guaranteed.