Conversion Formula:
From: | To: |
This calculator converts biweekly (every two weeks) salary amounts to equivalent monthly salary amounts. It accounts for the 26 pay periods in a year that occur with biweekly pay schedules.
The calculator uses the following formula:
Where:
Explanation: Since there are 26 biweekly pay periods in a year (52 weeks ÷ 2), dividing by 12 months gives the monthly equivalent.
Details: Converting between pay periods is essential for budgeting, comparing job offers with different pay schedules, and understanding your true monthly income.
Tips: Enter your biweekly salary amount before taxes. The calculator will show the equivalent monthly salary based on 26 pay periods per year.
Q1: Why multiply by 26/12?
A: There are 26 biweekly pay periods in a year (52 weeks ÷ 2), and dividing by 12 converts this to a monthly amount.
Q2: Is this accurate for all months?
A: It provides an average monthly amount. Some months you'll receive 3 paychecks when biweekly pay dates align that way.
Q3: What about semi-monthly pay (twice a month)?
A: Semi-monthly pay is different (24 pay periods/year). For semi-monthly to monthly, simply multiply by 2.
Q4: Does this include overtime or bonuses?
A: No, this calculates base salary only. For irregular income, use your average biweekly pay.
Q5: How does this affect budgeting?
A: The monthly amount helps create more accurate budgets, though you should account for months with 3 pay periods.