Compute your total gross pay, net take‑home amount, and complete compensation breakdown. Factor in base salary, overtime, bonuses, allowances, and deductions. Visualize your earnings with interactive pie and bar charts.
Gross pay is the total amount of money an employee earns before any deductions are taken out. It includes base salary or hourly wages, overtime pay, bonuses, commissions, tips, and any other compensation such as allowances or stipends. Gross pay is the starting point for calculating net pay (take‑home pay) — the amount you actually receive after taxes, retirement contributions, insurance premiums, and other withholdings are subtracted.
Understanding your gross pay is essential for budgeting, tax planning, and negotiating salary. Employers also use gross pay to determine benefit eligibility, workers' compensation, and overtime thresholds. For freelancers and contractors, gross pay represents total revenue before business expenses and self‑employment taxes.
Gross Pay = Base Pay + Overtime + Bonuses + Allowances
Net Pay = Gross Pay − (Pre‑Tax Deductions + Income Taxes + FICA + Post‑Tax Deductions)
Our calculator takes your input — hourly rate or annual salary, hours worked, overtime, bonuses, allowances, and deductions — and computes both gross and net pay across annual, monthly, and weekly periods. It follows standard payroll formulas used by HR departments and payroll software.
The effective tax rate shown is the total income tax paid (federal + state) divided by the gross pay, expressed as a percentage. This gives you a quick sense of your overall tax burden. FICA is not included in the effective tax rate since it's a statutory deduction rather than an income tax.
Sarah has two job offers: Job A pays $65,000/year with a 5% bonus and $200/month in transportation allowances. Job B pays $62,000/year with a 10% bonus and no allowances. Both have similar benefits and tax rates.
Using this calculator, Sarah can quickly compare the total gross and net pay for each offer. Job A yields a higher gross pay due to the allowances, but Job B's larger bonus may be more tax‑efficient. The calculator helps her make an informed decision based on her financial priorities.
Mike works 40 hours/week at $28/hour and is considering taking on 5 hours of overtime at 1.5× pay instead of getting a second job. Our calculator shows that the overtime adds $210/week to his gross pay (5 × $28 × 1.5). After taxes, FICA, and deductions, the net increase is approximately $140/week. This helps Mike decide whether the extra work is worth the time commitment.
Your gross pay frequency affects budgeting and cash flow. Weekly (52 periods/year) gives you the most frequent access to wages. Bi‑Weekly (26 periods/year) is the most common in the US, often resulting in two "extra" paychecks per year that can be used for savings or debt repayment. Semi‑Monthly (24 periods/year) divides the annual salary evenly, making monthly budgeting predictable. This calculator displays annual and monthly gross pay, but you can easily derive your per‑paycheck amount by dividing the annual gross by your specific number of pay periods.
Pre‑tax deductions (like 401(k) contributions and health insurance premiums) are subtracted from your gross pay before income taxes are calculated. This lowers your taxable income and can save you money on taxes. Post‑tax deductions (like union dues or wage garnishments) are taken out after taxes, so they do not affect your tax liability.
Your effective tax rate is the average percentage of your income that goes to income taxes — it's your total income tax divided by your gross income. Your marginal tax rate is the rate you pay on your last dollar of income. The effective rate is always lower than the marginal rate in a progressive tax system.
In the United States, FICA (Federal Insurance Contributions Act) represents a mandatory 7.65% deduction from gross pay (6.2% for Social Security up to the wage base limit, and 1.45% for Medicare). Unlike federal income tax, FICA is a flat percentage and directly impacts your net pay. This calculator includes FICA as a separate deduction, making your net pay estimate more realistic. Employers also match this amount, making it a crucial part of total labor costs.
Total Rewards encompass your entire compensation package, including gross pay, employer 401(k) matching contributions, health insurance subsidies, paid time off (PTO), and stock options. When evaluating a job offer, gross pay alone can be misleading. An offer with a slightly lower salary but a 6% 401(k) match and fully paid health insurance may result in a higher total economic value than a higher-salary offer with no benefits. Use this calculator as a starting point, then add the value of benefits manually for a complete comparison.
Data Confidence: Tax rate assumptions (Federal 12%, State 4%) are based on 2026 median single‑filer brackets. FICA rate is 7.65% as per current law. For personalized accuracy, always refer to the latest IRS Tax Tables and your state's Department of Revenue website.
overtime hours × hourly rate × overtime multiplier. In the US, the Fair Labor Standards Act (FLSA) requires overtime pay at 1.5× the regular rate for hours worked over 40 in a workweek. Some states or employers may have different rules.