Wage Calculator Hourly

Hourly Wage Calculator

Weekly Bi-Weekly Monthly Annually

Enter your details and click 'Calculate Gross Pay'.

function calculateWage() { var hourlyWage = parseFloat(document.getElementById('hourlyWageInput').value); var regularHours = parseFloat(document.getElementById('regularHoursInput').value); var overtimeHours = parseFloat(document.getElementById('overtimeHoursInput').value); var overtimeMultiplier = parseFloat(document.getElementById('overtimeMultiplierInput').value); var payFrequency = document.getElementById('payFrequencySelect').value; var resultDisplay = document.getElementById('resultDisplay'); if (isNaN(hourlyWage) || hourlyWage < 0) { resultDisplay.innerHTML = 'Please enter a valid hourly wage.'; return; } if (isNaN(regularHours) || regularHours < 0) { resultDisplay.innerHTML = 'Please enter valid regular hours.'; return; } if (isNaN(overtimeHours) || overtimeHours < 0) { resultDisplay.innerHTML = 'Please enter valid overtime hours.'; return; } if (isNaN(overtimeMultiplier) || overtimeMultiplier < 1) { resultDisplay.innerHTML = 'Please enter a valid overtime multiplier (e.g., 1.5).'; return; } var regularWeeklyPay = hourlyWage * regularHours; var overtimeWeeklyPay = hourlyWage * overtimeMultiplier * overtimeHours; var totalWeeklyGrossPay = regularWeeklyPay + overtimeWeeklyPay; var calculatedGrossPay = 0; var frequencyText = "; switch (payFrequency) { case 'weekly': calculatedGrossPay = totalWeeklyGrossPay; frequencyText = 'Weekly'; break; case 'bi-weekly': calculatedGrossPay = totalWeeklyGrossPay * 2; frequencyText = 'Bi-Weekly'; break; case 'monthly': calculatedGrossPay = totalWeeklyGrossPay * (52 / 12); // Approximately 4.33 weeks per month frequencyText = 'Monthly'; break; case 'annually': calculatedGrossPay = totalWeeklyGrossPay * 52; frequencyText = 'Annually'; break; } resultDisplay.innerHTML = 'Your estimated ' + frequencyText + ' Gross Pay is: $' + calculatedGrossPay.toFixed(2) + ''; }

Understanding Your Hourly Wage and Gross Pay

An hourly wage is a common way for employees to be compensated, where they are paid a specific amount for each hour they work. This calculator helps you estimate your gross earnings based on your hourly rate, regular hours, and any overtime hours you might work.

How Hourly Wages Work

When you're paid hourly, your income directly correlates with the number of hours you put in. This can offer flexibility but also means your paychecks might vary if your hours fluctuate. It's crucial to understand how your regular hours and any potential overtime impact your total earnings.

The Role of Overtime

Overtime typically refers to hours worked beyond a standard workweek (often 40 hours in the U.S.). Federal and state laws often mandate that overtime hours be paid at a higher rate, commonly "time and a half" (1.5 times your regular hourly wage) or even "double time" (2 times your regular hourly wage). Our calculator allows you to specify an overtime multiplier to accurately reflect your company's policy.

Calculating Your Gross Pay

Your gross pay is the total amount of money you earn before any deductions are taken out. These deductions can include federal and state taxes, Social Security, Medicare, health insurance premiums, retirement contributions, and more. This calculator focuses solely on your gross earnings, giving you a clear picture of your income before any withholdings.

Pay Frequencies Explained

• Weekly: You get paid once every week.
• Bi-Weekly: You get paid every two weeks, resulting in 26 paychecks per year.
• Monthly: You get paid once a month, resulting in 12 paychecks per year.
• Annually: This shows your total earnings over a full year.

Understanding your gross pay across different frequencies can help with budgeting and financial planning.

Example Calculation:

Let's say you earn $25 per hour, work 40 regular hours, and 5 overtime hours per week at time and a half (1.5x multiplier).

• Regular Weekly Pay: $25/hour * 40 hours = $1,000
• Overtime Weekly Pay: $25/hour * 1.5 (multiplier) * 5 hours = $187.50
• Total Weekly Gross Pay: $1,000 + $187.50 = $1,187.50
• Monthly Gross Pay (approx.): $1,187.50 * (52 weeks / 12 months) = $5,145.83
• Annual Gross Pay: $1,187.50 * 52 weeks = $61,750.00

Use the calculator above to quickly determine your own estimated gross pay based on your specific hourly wage and work schedule!