How to Calculate a Yearly Salary
- 1). Look on your pay stub for your base salary before taxes if you receive a fixed amount for each pay period (it might be called base earnings). Multiply the base salary by the number of pay periods in one year (for example, by 26 if you are paid every two weeks). This is your yearly base salary. If you do not receive any other compensation, this is also your yearly salary. Otherwise, skip ahead to Step 4.
- 2). Find your average hourly earnings before taxes for one pay period. To do this, divide the year-to-date (YTD) wages listed on your most recent pay stub by the number of pay periods to date. For example, if you have received 12 paychecks so far this year and your YTD wages are $9600, your average hourly wages per pay period are $800.
- 3). Multiply the average hourly wages per pay period by the number of pay periods in one year.
- 4). Determine the average amount of other compensation you receive each pay period. If there is an YTD figure on your most recent pay stub, simply divide by the number of pay periods to date. If not, total the amounts for other compensation from each pay stub and then divide by the number of pay periods to date.
- 5). Multiply the average other compensation by the number of pay periods in one year. Add this figure to your base yearly salary (from Step 1) or yearly base hourly wages (Step 4) to find your yearly salary.
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