Compensation & Income Calculator
Complete compensation calculator — convert hourly to salary, calculate overtime pay, determine freelance rates, estimate payroll taxes, and project Social Security benefits.
Legal Disclaimer
This calculator provides general estimates only and does not constitute legal advice. Laws, regulations, and court procedures vary significantly by jurisdiction. Consult a licensed attorney in your area for advice specific to your situation.
Step 1 of 11
Figures current as of 2026. Sources: IRS Rev. Proc. 2025-32, SSA 2026 COLA Fact Sheet (Oct 24, 2025)
How to Use This Calculator
- Enter your base salary and any bonus or commission amounts.
- Set benefits value (health insurance, 401k match, PTO) to calculate total compensation.
- Review Total Compensation as a basis for job comparison or negotiation.
- Check effective hourly rate to compare with hourly positions.
- Use this as a benchmark when reviewing job offers or requesting raises.
What each input means
- Calculator Mode
- Calculation mode to use.
- Hourly Rate
- Your hourly pay rate.
- Hours per Week
- Number of hours worked per week.
- Weeks per Year
- Active weeks per year.
- Monthly Expenses
- Total monthly spending.
- Monthly Health Insurance
- Monthly health insurance cost.
- Monthly Business Expenses
- Total annual business-related expenses.
- Pay Frequency
- How often you receive your paycheck.
- Filing Status
- Your tax filing status.
- Current Age
- Your current age in years.
- Planned Retirement Age
- The age at which you plan to retire.
- Years Worked
- Total number of years of work experience.
How this is calculated
Formula
Annual Salary = Hourly Rate × Hours/Week × Weeks/Year | Overtime = Regular Pay + (Rate × 1.5 × OT Hours)Figures and sources
- 2026 federal income tax brackets (2026) — IRS Rev. Proc. 2025-32
- 2026 Social Security wage base (2026) — SSA 2026 COLA Fact Sheet (Oct 24, 2025)
Engine last updated . Checked against 3 independently-derived tests — how we verify calculators.
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