While searching for employment, I realize I can’t be super picky – but my household does have needs! Because of this, I’ve developed a quick calculator / bookmarklet for the browser that I thought I’d share. It allows you to enter a yearly or hourly amount, and it shows the corresponding amounts. This tells you if that salary posting fits within your needs.
Features
- Takes hourly or yearly wage. If amount is 200 or greater, assumes its a yearly amount.
- Shows wages in yearly, monthly and hourly
- Shows Gross, Company Net (assuming 25% tax bracket relatively), Independent Net (assuming 25% + 15.3% tax for medicare/social security, etc)
- Configurable to take in other rates of tax
Here’s the bookmarklet – drag it to your book mark bar: Calculate Wage
The UnMinified version:
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 | function bookmarklet() { var independentTax = 15.3; var taxBracket = 25; var amount = prompt('amount:'); if (amount) { if (amount < 200) { amount *= 2080; // 40 hrs a week/ 52 weeks } var output = "Gross: $" + amount + "/yr - $" + Math.round(amount/12) + "/mo - $" + Math.round(amount/2080) + "/hr\n"; var taxminus = amount * (taxBracket/100); output += "Cmp Net: $" + Math.round(amount-taxminus) + "/yr - $" + Math.round((amount-taxminus)/12) + "/mo - $" + Math.round((amount-taxminus)/2080) + "/hr\n"; taxminus = amount * ((taxBracket+independentTax)/100); output += "Ind Net: $" + Math.round(amount-taxminus) + "/yr - $" + Math.round((amount-taxminus)/12) + "/mo - $" + Math.round((amount-taxminus)/2080) + "/hr"; alert(output); } } |