Always start with gross wages every pay period. For hourly employees, it’s just their hourly rate multiplied by the number of hours they worked during the pay period. For salaried employees, divide their annual salary by the number of pay periods for the year. Bonuses, commission, and tips also get added to gross wages. Pre-Tax Withholdings. Using an overtime hours calculator, also known as an overtime wage calculator, is much easier than calculating the amount you should pay employees who currently make an annual salary and need to be converted to an hourly rate. Salary to hourly wage calculator lets you see how much you earn over different periods. It is a flexible tool that allows you to convert your annual remuneration to an hourly paycheck, recalculate monthly wage to hourly rate, weekly rate to a yearly wage, etc. This salary converter does it all very quickly and easily, saving you time and effort. In the article below, you can find information about salary ranges, a closer look at hourly and annual types of employment, as well as the pros and ...