Income Converter
Convert your income between annual, monthly, weekly, daily, and hourly rates. Also calculate PHP โ USD conversions and factor in taxes and contributions.
How to Use the Income Converter
Convert your salary between different time periods and currencies quickly and accurately. This tool is perfect for employees, freelancers, OFWs, and employers who want to understand their income in PHP and USD.
๐ Step-by-Step Guide
- Enter the salary amount: Input your current salary in PHP or USD, including decimals if needed.
- Select pay period: Choose from hourly, daily, weekly, monthly, or annual income. The calculator will automatically convert to all other periods.
- Enable currency conversion: Optionally convert PHP to USD and vice versa using real-time exchange rates.
- Click Convert & Breakdown: View your salary converted to all periods and currencies. Use this for budgeting, planning, or comparing job offers.
๐ก Example
Suppose your monthly salary is โฑ50,000:
- Annual: โฑ600,000
- Weekly: โฑ11,538.46 (assuming 52 weeks/year)
- Daily: โฑ2,307.69 (assuming 5 workdays/week)
- Hourly: โฑ288.46 (assuming 8-hour workday)
๐๏ธ Government Contributions & Taxes
- SSS (Social Security System) - 11% total (employee 3.63%, employer 7.37%)
- PhilHealth - 3% of monthly income (shared between employee and employer)
- Pag-IBIG - 2% of monthly income (employee 1%, employer 1%)
- Income Tax - Progressive 0%-35% depending on annual gross income
๐ก Tips
- Use this tool with our PH Tax Calculator to see your net income after deductions.
- Combine with the Contributions Calculator for detailed SSS, PhilHealth, and Pag-IBIG breakdowns.
- Check hourly, daily, and weekly conversions to plan projects, freelance work, or contracts.
๐ Related Tools
- Philippines Tax Calculator - Estimate taxes and net pay
- SSS / PhilHealth / Pag-IBIG Calculator - Compute mandatory contributions
- Take-Home Pay Calculator - Calculate net income after taxes and contributions