Pay Frequency Converter
Convert your salary between different pay frequencies instantly.
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Understanding Pay Frequencies
Common Pay Schedules
| Frequency | Paychecks/Year | Schedule |
|---|---|---|
| Weekly | 52 | Every week (same day) |
| Bi-weekly | 26 | Every two weeks |
| Semi-monthly | 24 | Twice a month (e.g., 1st and 15th) |
| Monthly | 12 | Once a month |
Bi-weekly vs Semi-monthly
These are often confused but have important differences:
- Bi-weekly: 26 paychecks per year, some months have 3 paydays
- Semi-monthly: 24 paychecks per year, always on same dates
For the same annual salary, bi-weekly paychecks are slightly smaller because there are more of them.
Conversion Formulas
- Annual to Monthly: Divide by 12
- Annual to Bi-weekly: Divide by 26
- Annual to Weekly: Divide by 52
- Annual to Hourly: Divide by 2,080 (40 hrs × 52 weeks)
Budgeting Tips by Pay Frequency
Bi-weekly: Use those two "extra" paychecks per year for savings or debt payoff.
Monthly: Ensure you budget carefully to cover all expenses throughout the month.