How Is Salary Calculated?

Salary can be calculated in different ways depending on how you are paid.

Hourly Pay

Hourly employees are paid based on the number of hours worked, often with overtime for extra hours.

Annual Salary

Salaried employees receive a fixed annual amount, typically divided into monthly or biweekly paychecks.

Other Factors

Taxes, benefits, and deductions all affect your final take-home pay.

Helpful Calculators

Compare different pay structures using our Hourly to Salary Calculator and Salary to Hourly Calculator.

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