Salary Calculator – Convert Hourly, Weekly, Monthly and Annual Pay

To convert an hourly rate to an annual salary, multiply by hours per week and then by paid weeks per year: 25 an hour × 40 × 52 = 52,000. To go the other way, divide the annual figure by 2,080 hours: 55,000 a year is 26.44 an hour and 4,583.33 a month, before tax.

Pay gets quoted in whatever unit suits the person quoting it — an hourly rate in one advert, a monthly figure in another, an annual package in a third. This calculator converts between all of them so you are comparing like with like, and lets you set the hours and paid weeks that actually apply to you. To turn an offer into a percentage rise over your current pay, use the percentage calculator; to see what a monthly figure supports in loan repayments, the loan calculator does the reverse sum.

The conversions

Everything runs through an annual figure, because that is the only period all the others divide cleanly into.

• Hourly to annual: rate × hours per week × paid weeks per year
• Annual to hourly: salary ÷ (hours per week × paid weeks per year)
• Annual to monthly: salary ÷ 12
• Annual to weekly: salary ÷ paid weeks per year

The standard full-time year is 40 hours a week across 52 weeks, which is 2,080 hours. That figure is the backbone of almost every pay conversion you will see quoted.

Hourly rate converted to annual, monthly and weekly pay at 40 hours a week and 52 paid weeks (2,080 hours a year), before tax.

Hourly rate	Annual	Monthly	Weekly
12.00 / hour	24,960	2,080.00	480.00
15.00 / hour	31,200	2,600.00	600.00
18.00 / hour	37,440	3,120.00	720.00
20.00 / hour	41,600	3,466.67	800.00
25.00 / hour	52,000	4,333.33	1,000.00
30.00 / hour	62,400	5,200.00	1,200.00
35.00 / hour	72,800	6,066.67	1,400.00
40.00 / hour	83,200	6,933.33	1,600.00
50.00 / hour	104,000	8,666.67	2,000.00
60.00 / hour	124,800	10,400.00	2,400.00
75.00 / hour	156,000	13,000.00	3,000.00
100.00 / hour	208,000	17,333.33	4,000.00

Worked examples

Annual to hourly

A 55,000 salary at 40 hours a week over 52 weeks: 40 × 52 = 2,080 hours, and 55,000 ÷ 2,080 = 26.44 an hour. The monthly equivalent is 55,000 ÷ 12 = 4,583.33.

Hourly to annual

An advertised rate of 25 an hour, full time: 25 × 40 × 52 = 52,000 a year. If the role only guarantees 30 hours a week, the same rate is 25 × 30 × 52 = 39,000 — a quarter less, for the same headline number.

Monthly to annual

Paid 3,800 a month: 3,800 × 12 = 45,600 a year. Watch for the four-week trap here — multiplying a weekly figure by four gives 13 months of pay a year, not 12, and understates monthly pay by roughly 8%.

Why hours and weeks matter so much

The same salary describes very different jobs depending on the hours behind it.

A 60,000 salary at 37.5 hours a week is 30.77 an hour. The same 60,000 at 50 hours a week is 23.08 an hour — a quarter less for the same money. When a role expects long hours as standard, converting to an hourly figure is the fastest way to see what is actually being offered.

The paid weeks field matters most for contract and freelance work. A salaried employee with four weeks of paid holiday is still paid across all 52 weeks. A contractor is not: if you invoice 48 weeks, your rate has to cover the other four. An employee on 60,000 earns about 28.85 an hour across 2,080 hours, but a contractor working 48 paid weeks needs 31.25 an hour to reach the same gross — and that is before pension, sick pay or benefits are replaced.

These are gross figures

Everything this calculator produces is pay before deductions. What actually reaches your account is lower, and by how much depends entirely on where you live.

Typical deductions include income tax, social security or national insurance, pension or retirement contributions, health insurance premiums, and student loan repayments. Rates are usually banded, so a pay rise is taxed at your highest applicable rate rather than your average one — which is why take-home pay rises more slowly than gross pay.

For net figures you need a calculator built for your specific country, tax year and personal circumstances. Treat the numbers here as the gross comparison, and check the net separately before committing to anything.

Comparing two job offers properly

Convert both to the same period first, then add everything that is not base pay. The headline salary is often the smaller part of the difference.

• Pension or retirement matching — an employer matching 6% on a 55,000 salary is contributing 3,300 a year. That is real money and it compounds.
• Bonus — ask whether it is guaranteed, discretionary, or tied to targets, and what it actually paid out last year rather than what it could pay.
• Paid leave — five extra days is roughly 2% of your working year.
• Health cover — where it is not state-provided, employer cover can be worth thousands.
• Commuting — both the cost and the hours. An extra hour each way is 10 unpaid hours a week.
• Overtime — whether it is paid at all, and at what multiple.

A lower salary with strong pension matching, more leave and a shorter commute regularly beats a higher headline offer once you total it up.

Common mistakes

• Multiplying weekly pay by four to get monthly pay. There are 4.33 weeks in an average month. Divide the annual figure by 12 instead.
• Using 52 paid weeks for freelance work. If you do not invoice during holidays, your effective rate is lower than it looks.
• Comparing an hourly contract rate directly to a salary. The contract rate has to absorb benefits, unpaid leave and employer contributions.
• Ignoring the real hours. A salary quoted against 37.5 hours and one against 50 are not the same offer.
• Treating gross as take-home. Deductions vary enormously by country and personal situation.

This calculator converts gross pay between time periods for general information. It is not tax or financial advice, and it does not calculate deductions.

Frequently asked questions

How do I convert an hourly rate to an annual salary?

Multiply the hourly rate by the hours you work each week, then by the number of paid weeks in the year. At 25 an hour for 40 hours a week across 52 weeks, that is 25 x 40 x 52 = 52,000 a year.

How do I convert an annual salary to an hourly rate?

Divide the annual figure by the total hours worked in a year. A standard full-time year is 40 x 52 = 2,080 hours, so a 55,000 salary works out at 55,000 / 2,080 = 26.44 an hour.

How do I work out monthly pay from an annual salary?

Divide by 12, not by 4.33 weeks. A 55,000 salary is 4,583.33 a month. Months are not four weeks long, so multiplying weekly pay by four understates monthly pay by about 8%.

Are these figures before or after tax?

Before tax. This calculator converts gross pay between time periods; it does not deduct income tax, national insurance, social security, pension contributions or student loan repayments, all of which depend on where you live and your personal circumstances.

Should I use 52 weeks or fewer?

For a salaried job with paid holiday, use 52, because you are paid across the whole year. For contract or freelance work with no paid leave, reduce it to the weeks you will actually invoice – typically 46 to 48 once holidays and quiet periods are allowed for.

Why does a contractor need a higher hourly rate than an employee?

Because unpaid time off, employer pension contributions, sick pay and benefits all have to come out of the rate. An employee on 60,000 earns about 28.85 an hour across 2,080 hours; a contractor working 48 paid weeks needs 31.25 an hour to reach the same gross, before allowing for benefits at all.

How many working hours are there in a year?

The conventional full-time figure is 2,080 hours, from 40 hours a week over 52 weeks. Deducting a typical four weeks of holiday and a handful of public holidays leaves roughly 1,880 to 1,920 hours actually worked, though salaried pay covers the full 2,080.

How should I compare two job offers?

Convert both to the same period first, then add everything that is not base pay: pension matching, bonus, health cover, paid leave, and the cost and time of commuting. A lower salary with a strong pension match and more leave frequently beats a higher headline number.