Frequently Asked Questions
Divide the annual salary by the total hours worked per year. Default: 40 hrs/week × 52 weeks = 2,080 hours. So $60,000 ÷ 2,080 = $28.85/hour. Adjust the schedule fields if you work more or fewer hours.
No — these are gross (pre-tax) figures. Your net take-home pay depends on your tax bracket, deductions, and location. Use a dedicated tax calculator or speak with an accountant for net pay estimates.
Bi-weekly pay means you receive a paycheck every two weeks — 26 paychecks per year. This is different from semi-monthly pay (twice a month = 24 paychecks/year). Most US employers use bi-weekly or semi-monthly pay periods.