Income & Salary Calculator

The Income & Salary Calculator on NGDrives helps individuals quickly break down their earnings across different time frames with or without taxes based on hours worked, hourly wage, or annual salary.

This calculator is especially helpful for:

• Job seekers comparing salary offers to hourly pay.
• Freelancers and contract workers estimating what their hourly rate equates to annually.
• Employees double-checking paycheck breakdowns.
• Students or interns evaluating part-time job income.
• HR professionals helping candidates understand total compensation packages.

Say you earn $25 per hour, work 40 hours a week, and want to know how much you'll take home monthly after taxes. This tool automatically calculates your gross and net pay on an hourly, daily, weekly, monthly, and annual basis, considering your average income tax rate.

It gives you a comprehensive view of your financial picture, so you can make more informed career, financial planning, or budgeting decisions.

Form Inputs:

• Weekly Hours Worked – Number of hours you work each week.
• Calculation Method – Choose between entering an hourly wage or annual salary.
• Hourly Wage / Annual Salary – Enter the applicable figure.
• Include Income Tax? – Option to calculate net pay after taxes.
• Income Tax Rate – Enter your effective or average tax rate (default: 14.2%).

 What’s Calculated:

• Gross Pay: Based on your inputs, the tool calculates:
  • Hourly, Daily, Weekly, Monthly, and Annual income.
• Net Pay: If selected, calculates all of the above minus estimated income tax.
• Total Income Tax: How much tax you’re estimated to pay annually.
• Annual Net Income: Your yearly take-home after taxes.

 Output:

• Clear summary of gross and net pay across all major timeframes, plus tax deductions.

If you encounter any issues or have suggestions for improvements, please report them using the form below.