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How to Convert a Paycheck to a Salary

by Aurelio Locsin

Depending on your current position, you receive paychecks at regular intervals, such as weekly or monthly. A different job that interests you may compensate you using different schedules, such as bi-weekly. The only way you can compare the pay in such cases is to convert the paycheck into a yearly salary.

Convert hourly pay to yearly salary by multiplying the hourly rate with 2080, which is the number of times in a year that an employer pays per hour (40 hours in a standard workweek, multiplied by 52 weeks in a year). For example, $10 per hour, multiplied by 2080, equals $20,800 per year.

Convert daily pay by multiplying it with 260, which is the number of times in a year that an employer pays per day (five workdays in a week, multiplied by 52 weeks in a year). For example, $96 per day, multiplied by 260, equals $24,960 per year.

Convert weekly pay by multiplying it with 52, which is the number of times a year that an employer pays per week (52 weeks in a year). For example, $600 a week, multiplied by 52, equals $31,200.

Convert bi-weekly pay (payments made every other week) by multiplying it with 26. This is the number of times a year that an employer pays every two weeks (52 weeks in a year, divided by two). For example, $1,500 per week, multiplied by 26, equals $39,000 per year.

Convert semi-monthly pay (payments made twice a month) by multiplying it with 24. This is the number of times a year than an employer pays twice a month (12 months in a year, multiplied by two). For example, $3,000 semi-monthly, multiplied by 24, equals $72,000 per year.

Convert monthly pay by multiplying it with 12. This is the number of times a year that an employer pays monthly (12 months in a year). For example, $8,000 per month, multiplied by 12, equals $96,000 per year.

About the Author

Aurelio Locsin has been writing professionally since 1982. He published his first book in 1996 and is a frequent contributor to many online publications, specializing in consumer, business and technical topics. Locsin holds a Bachelor of Arts in scientific and technical communications from the University of Washington.

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