ReadyCalculator

🗓️ Weekly Pay Calculator

Input your hourly wage, weekly hours, and deductions to project gross and net weekly pay.

Enter 2.0 for double time or customize for union agreements.

401(k), insurance premiums, commuter benefits, etc.

Combine federal, state, and local withholding for a quick estimate.

How to Use This Calculator

1

Enter Hourly Rate and Hours

Provide your base hourly rate along with regular and overtime hours worked this week.

2

Set Overtime Multiplier

Use 1.5 for standard overtime or adjust based on your employer’s policy or union contract.

3

Include Deductions & Taxes

Enter pretax deductions and an estimated tax rate to project take-home pay.

4

Review the Summary

Use gross and net figures to verify paycheck accuracy, plan savings, or adjust withholding.

Formula

Regular Pay = Hourly Rate × Regular Hours

Overtime Pay = Hourly Rate × Overtime Hours × Overtime Multiplier

Gross Weekly Pay = Regular Pay + Overtime Pay

Taxable Pay = Gross Weekly Pay − Pretax Deductions

Estimated Taxes = Taxable Pay × (Tax Rate ÷ 100)

Take-Home Pay ≈ Gross Weekly Pay − Pretax Deductions − Estimated Taxes

Actual withholding depends on filing status, allowances, and payroll frequency. Use official tax calculators for precise results.

Full Description

Weekly pay is the foundation of budgeting for many hourly employees. This calculator shows how your base hours, overtime, and deductions translate into gross and net pay so you can anticipate paychecks, adjust withholding, or plan savings goals. Use it when shifts fluctuate or when verifying payroll accuracy after overtime-heavy weeks.

Adjust the tax rate to reflect combined federal, state, and local withholding or run multiple scenarios to see how changes in deductions affect take-home pay.

Who It Helps

  • Hourly workers planning cash flow between paydays.
  • Managers estimating labor costs during peak periods.
  • Employees testing the impact of 401(k) changes or benefit elections.
  • Gig workers comparing hourly contracts with different overtime terms.

Frequently Asked Questions

How accurate is the take-home estimate?

It’s approximate. Use your actual withholding percentages or official payroll calculators for precise results.

Can I include double-time hours?

Yes—set the overtime multiplier to 2.0 and include the relevant hours in the overtime field, or run separate calculations for different premium rates.

What about bonuses or tips?

Add expected bonuses or tips to regular pay before running the calculator, or treat them as separate overtime hours with adjusted multipliers.

Does this work for salaried employees?

Yes—convert salary to an hourly equivalent (salary ÷ 52 ÷ weekly hours) and enter the values to estimate weekly take-home pay.