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Calculate Gross Weekly Pay

Weekly Pay Formula:

\[ Weekly\ Pay = Hourly\ Rate \times Hours\ Per\ Week \]

$/hour
hours/week

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1. What is Gross Weekly Pay?

Gross weekly pay is the total amount earned in a week before any deductions like taxes, insurance, or retirement contributions. It's calculated by multiplying the hourly rate by the number of hours worked in a week.

2. How Does the Calculator Work?

The calculator uses the simple formula:

\[ Weekly\ Pay = Hourly\ Rate \times Hours\ Per\ Week \]

Where:

Explanation: This calculation gives you your gross (pre-tax) earnings for a standard work week.

3. Importance of Calculating Weekly Pay

Details: Knowing your gross weekly pay helps with budgeting, loan applications, and understanding your overall compensation. It's the foundation for calculating taxes and other withholdings.

4. Using the Calculator

Tips: Enter your hourly wage and typical hours worked per week. For overtime calculations, you would need to account for different rates for hours over 40 (in the US).

5. Frequently Asked Questions (FAQ)

Q1: Is this before or after taxes?
A: This calculates gross pay (before any deductions like taxes or benefits).

Q2: How do I account for overtime?
A: For overtime (typically hours over 40/week in the US), you would need to calculate those hours separately at 1.5x your normal rate.

Q3: What if my hours vary each week?
A: Use an average of your weekly hours for estimation purposes, or calculate each week separately.

Q4: Does this include bonuses or commissions?
A: No, this only calculates regular hourly wages. Other compensation would need to be added separately.

Q5: How can I estimate my take-home pay?
A: You would need to subtract estimated taxes and other deductions from your gross pay.

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