Salary to Hourly › Semi-Monthly Pay

Semi-Monthly Pay Calculator

See what an annual salary is when paid twice a month. Semi-monthly means 24 paychecks a year, so the yearly figure splits by 24. This is not the same as biweekly. Figures are gross, before tax.

Annual salary paid twice a month
$
Result
Semi-monthly (÷24)2500 $
Monthly (÷12)5000 $/mo
Biweekly (÷26)2307.69 $
Quick answer
Semi-monthly means paid twice a month, usually on set dates like the 15th and the last day, which is 24 paychecks a year (two per month, every month). Divide the yearly salary by 24. A $60,000 salary is $2,500 per semi-monthly check before tax. That is more than the biweekly amount of about $2,307.69, because 24 checks split the salary into fewer, larger pieces than 26 do.

How it works

semi-monthly = annual ÷ 2424 pay periods = 2 per month × 12 months
annual
your yearly salary, before tax
24
semi-monthly pay periods in a year
semi-monthly
two fixed paydays each month

Semi-monthly is not the same as biweekly. Semi-monthly is 24 checks a year, always two a month on fixed dates. Biweekly is 26 checks, every two weeks, so the dates drift and two months of the year end up with three paychecks. Same yearly salary, different number of checks and different amount each time. All figures here are gross, before tax.

Frequently asked questions

How many semi-monthly pay periods are in a year?

24, because you are paid twice in each of the 12 months.

What is $60,000 a year semi-monthly?

$2,500 per check before tax.

Is semi-monthly the same as biweekly?

No. Semi-monthly is 24 checks a year on fixed dates; biweekly is 26 checks every two weeks, so two months get a third check.

Why is a semi-monthly check bigger than a biweekly one?

The same salary is split 24 ways instead of 26, so each of the 24 checks is a little larger.

Related calculators
Quick facts
Pay periods
24 / year
$60k / year
$2,500
vs biweekly
26 / year
Figures
gross (pre-tax)