Annual Salary Calculation:
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This calculator converts biweekly (every two weeks) pay to annual salary in the Philippines by multiplying the biweekly amount by 26 (the number of pay periods in a year).
The calculator uses the simple formula:
Where:
Explanation: Since there are 52 weeks in a year, biweekly payments occur 26 times per year (52 ÷ 2).
Details: Converting biweekly pay to annual salary helps in financial planning, loan applications, and comparing job offers with different pay schedules.
Tips: Enter your biweekly pay in Philippine Pesos (PHP). The amount should be your gross pay (before deductions).
Q1: Is this calculation accurate for all employees?
A: This assumes you receive pay every two weeks consistently throughout the year. It doesn't account for bonuses, overtime, or unpaid leaves.
Q2: What if I'm paid semi-monthly (twice a month)?
A: Semi-monthly pay uses 24 pay periods (12 months × 2). Use a different calculator for that pay schedule.
Q3: Does this include 13th month pay?
A: No, this calculates base salary only. In the Philippines, 13th month pay is typically an additional benefit.
Q4: How does this compare to monthly salary?
A: Monthly salary would be approximately biweekly pay × 2.1667 (since some months have more than 4 weeks).
Q5: Are taxes deducted from this amount?
A: No, this shows gross annual salary before any tax deductions or mandatory contributions.