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Salary to Hourly Calculator

Convert an annual salary to hourly, weekly and monthly pay.

$

Use 52 if you have paid holidays. For unpaid leave, subtract those weeks.

Hourly pay

$25.00

Hourly$25.00
Daily$200.00
Weekly$1,000.00
Every 2 weeks$2,000.00
Monthly$4,333.33
Yearly$52,000.00

Before tax and deductions.

Results are estimates for general information only and are not financial advice. Check important figures with a qualified professional or your lender. Read our disclaimer.

When to use it

Use this calculator to turn a salary into an hourly rate, or an hourly rate into a yearly salary. It helps when comparing job offers, setting freelance rates, checking that you are paid at least the minimum wage, or seeing what extra hours are really worth.

How to use it

  1. Choose your Currency.
  2. Enter your Pay, then choose how often you get it next to per: year, month, 2 weeks, week, day or hour.
  3. Enter your Hours per week and Days per week.
  4. Enter your Paid weeks per year. Use 52 if your holidays are paid.
  5. Read your Hourly pay, plus the daily, weekly, every 2 weeks, monthly and yearly figures.

All results are before tax and deductions.

Worked example

You are offered a salary of $52,000 a year for a 40-hour, 5-day week with paid holidays. The calculator shows $25.00 an hour, $200 a day, $1,000 a week, $2,000 every two weeks and $4,333.33 a month.

Now compare it with a contract job paying $30 an hour. Choose per hour and enter 30. At 40 hours a week over 52 weeks, that is $62,400 a year. But if the contract has no paid holidays and you plan to take four weeks off, set Paid weeks per year to 48. The yearly figure drops to $57,600, still more than the salary, but you would need to cover your own benefits.

Part-time work

For part-time jobs, enter the hours and days you actually work. A $24,000 salary for 20 hours a week over 52 paid weeks works out at about $23.08 an hour.

Tips

  • Use your real hours. If your contract says 37.5 hours, enter 37.5. If you regularly stay late unpaid, try your actual hours to see your true rate.
  • For freelance rates, aim higher. Freelancers pay for their own equipment, time off and quiet periods, so a matching hourly rate is usually much higher than an employee’s.
  • Check the minimum wage. Compare your hourly figure with the legal minimum where you work.

Common mistakes

  • Multiplying a weekly wage by 4 for a month. A month averages about 4.33 weeks. The calculator uses the correct figure.
  • Comparing gross with net pay. Make sure both numbers are before tax, or both are after.
  • Ignoring benefits. Health cover, pension contributions and paid leave are worth money. A higher hourly rate without them may not be better.

Frequently asked questions

Is the result before or after tax?

Before tax and other deductions, such as pension or health insurance. Your take-home pay per hour will be lower. Use your payslip to see your actual deductions.

Why is monthly pay not yearly pay divided by 12?

It is. Yearly pay divided by 12 gives the monthly figure. What catches people out is that a month is about 4.33 weeks, not 4, so monthly pay is more than four weekly payments.

What should I enter for paid weeks per year?

Use 52 if your holidays are paid, which is normal for salaried jobs. If you take unpaid leave, subtract those weeks. For example, enter 50 if you take two weeks unpaid.

Does it include overtime?

No. It uses your regular hours. If you often work extra unpaid hours, enter your real hours per week to see what you actually earn per hour.

How do I compare a salaried job with an hourly one?

Enter the hourly rate, choose per hour, and check the yearly figure. Then compare it with the salary, remembering to allow for paid holidays, benefits and any unpaid weeks in the hourly job.

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