Hourly to yearly salary calculator
Convert any salary between hourly, weekly, monthly, and yearly amounts.
This converts pay between hourly, daily, weekly, monthly and annual figures in your browser. The conversion is arithmetic on gross pay — the amount before tax, national insurance or social security, pension contributions and other deductions. Take-home pay is materially lower, and how much lower depends on jurisdiction, allowances and circumstances that a general converter cannot know. The standard American full-time basis is 2,080 hours a year, being 40 hours across 52 weeks, so $30 an hour is $62,400 a year and $75,000 a year is about $36.06 an hour. Monthly figures divide the annual by twelve rather than by four weeks, because twelve four-week months would only cover 48 weeks. Paid holiday is already inside that 2,080 for salaried staff but not for hourly contractors, which is the usual reason a contract rate needs to exceed the salaried equivalent to match it.
About the Salary Calculator
Convert any wage or salary between hourly, daily, weekly, monthly, and yearly amounts. Adjust the hours per week and weeks per year to match your real schedule — useful when comparing job offers, planning a freelance rate, or sanity-checking a contract.
How to use the Salary Calculator
- 01Enter the amount you currently earn.
- 02Pick the unit it's expressed in (hourly, weekly, monthly, etc.).
- 03Adjust hours per week and weeks per year if your schedule is non-standard.
- 04Read the full equivalents table — hourly, weekly, monthly, and yearly.
Why use our Salary Calculator
- 01
Five units
Convert seamlessly between hourly, daily, weekly, monthly, and yearly.
- 02
Customizable schedule
Set your own hours per week and weeks per year for accurate conversion.
- 03
Side-by-side table
All equivalents shown together so comparisons are obvious.
- 04
Private
Your salary stays in your browser — nothing is uploaded.
How many working hours are in a year?
Converting hourly to annual multiplies by hours per week and then by weeks per year, and the second number is where conventions diverge. Using 52 weeks assumes you are paid for every week including holidays, which is how salaried employment works. Contractors and hourly workers who are not paid for time off should use the weeks they actually expect to bill — commonly 46 to 48 after holiday and public holidays — which produces a noticeably lower annual figure from the same hourly rate. A year is also not exactly 52 weeks: it is 52.14, or 52.29 in a leap year, which is why some payroll systems produce a slightly different annual total. Monthly figures introduce another wrinkle. A month is not four weeks; it averages 4.348. Multiplying a weekly wage by four understates monthly pay by about 8 percent, which is one of the most common errors in personal budgeting.
Why gross to net varies so much
The gap between gross and take-home pay is large and highly individual. Income tax is usually progressive, so a rise applies only to the portion above each threshold rather than to the whole salary — which is why a pay rise never pushes total take-home pay down, despite persistent belief to the contrary. On top of income tax sit social contributions: National Insurance in the UK, FICA in the US covering Social Security and Medicare, and equivalents elsewhere, some of which have upper earnings limits that change the effective rate at higher incomes. Pension or retirement contributions are frequently deducted before tax, which reduces taxable income and makes the headline deduction look larger than its true cost. Student loan repayments, health insurance premiums, salary-sacrifice arrangements and local or state taxes vary by person and place. A realistic take-home figure needs a jurisdiction-specific calculator; a general converter can only give you gross.
Comparing offers that are not really comparable
Two roles with the same headline salary can differ substantially in what they are worth. Employer pension or retirement contributions are deferred pay and can be worth several percent of salary. Health insurance provided by an employer has a real cash value, particularly in the US. Paid leave differs: 25 days plus public holidays against 15 days is roughly a 4 percent difference in pay per day worked. Bonuses vary in whether they are contractual or discretionary, and equity compensation depends on vesting and on a valuation that may not be realisable. Contract rates deserve particular care, because a headline day rate has to cover holiday, sick pay, pension, employer taxes in some structures, periods between contracts, and accountancy costs — the common rule of thumb is that a contract rate needs to be substantially above the equivalent salaried rate to be comparable, and the exact multiple depends on how much unpaid time you expect. Convert everything to an annual gross-equivalent including benefits before comparing.
Converting a £25/hour rate
| Basis | Salaried (52 weeks) | Contractor (46 weeks) |
|---|---|---|
| Per hour | £25.00 | £25.00 |
| Per day (8 hours) | £200 | £200 |
| Per week (40 hours) | £1,000 | £1,000 |
| Per month | £4,333 | £3,833 |
| Per year | £52,000 | £46,000 |
A month averages 4.348 weeks, not 4 — multiplying weekly pay by four understates monthly pay by about 8%.
Frequently asked questions
Is this gross or take-home pay?
Gross — before income tax, national insurance or social security, pension contributions and other deductions. Take-home pay is materially lower and depends on your jurisdiction.
How many weeks should I use per year?
52 for salaried employment, where holiday is paid. Contractors and hourly workers not paid for time off should use the weeks they expect to bill, often 46 to 48.
Why is monthly pay not four times weekly?
A month averages 4.348 weeks. Multiplying by four understates monthly pay by roughly 8%, which is a common budgeting error.
Can a pay rise reduce my take-home pay?
Not through income tax, which is progressive — the higher rate applies only to the portion above the threshold. Specific benefit cliffs can create edge cases, but the tax system itself does not.
Why does my payslip differ from this figure?
Because deductions are applied. Income tax, social contributions, pension, student loan repayments and insurance premiums all reduce gross to net.
How do I compare a contract rate to a salary?
Convert both to annual gross-equivalent, and for the contract deduct unpaid holiday, sick leave, pension, gaps between contracts and accountancy costs. Contract rates need to be substantially higher to match.
Should I count benefits when comparing offers?
Yes. Employer pension contributions, health insurance and extra leave all have real cash value — 25 days versus 15 is roughly 4% more pay per day worked.
Is my salary information uploaded?
No. The conversion runs in your browser and nothing you enter is transmitted or stored.
Does this account for overtime?
Not automatically. Enter your actual average hours including overtime, or calculate base and overtime separately and add them.
Last updated
Conversion arithmetic only. Tax and contribution structures referenced generally; use a jurisdiction-specific calculator for net pay. Not financial advice.