About salary calculator
Pay is quoted in different ways: hourly, daily, weekly, monthly or yearly. The calculator converts between them so you can compare offers.
Typical assumptions
- 52 weeks and 12 months a year.
- Working hours per week and days per week affect hourly and daily rates.
- Annual figures should state whether they are gross (before deductions) or net (take-home).
Compare like with like
When comparing jobs, compare the same basis, such as annual CTC, and ask what part is fixed and what is variable.
A worked example
An annual salary of ₹6,00,000 is ₹50,000 a month, about ₹11,538 a week and about ₹288 an hour at 2,080 working hours a year (40 hours for 52 weeks). The daily rate depends on the days you assume, such as 22 or 26 a month.
Compare offers properly
Check whether a figure is monthly or annual, gross or take-home, fixed or including variable pay. A higher CTC with a large variable part can pay less every month than a lower fixed offer.
