How Salary Conversion Works
To convert an annual salary to an hourly rate, divide the yearly salary by the number of weeks you work per year, then divide again by your weekly hours. The standard is 52 weeks × 40 hours = 2,080 hours per year.
To convert hourly to annual, multiply your hourly rate by your weekly hours, then multiply by weeks per year.
How to Convert Your Salary Between Pay Periods
The salary calculator converts any pay figure between annual, monthly, weekly, and hourly rates. Enter your salary in any format and the calculator instantly shows the equivalent in all other pay periods — no manual maths required.
This is useful when comparing two job offers quoted in different formats (one as an annual salary, one as an hourly rate), when converting a daily rate to an annual equivalent for tax purposes, or when checking whether a freelance rate is competitive with a salaried role.
How the Conversion Works
The calculator uses standard working assumptions: 52 weeks per year, 5 working days per week, and 8 working hours per day. These are the most common assumptions used in salary benchmarking and job advertisements.
Annual to monthly — divide your annual salary by 12 to get the gross monthly pay.
Annual to weekly — divide your annual salary by 52 to get the weekly equivalent.
Annual to hourly — divide by 52 weeks, then by 40 hours (or your actual weekly hours) to get the hourly rate.
Hourly to annual — multiply your hourly rate by your weekly hours, then by 52 to get the annual equivalent.
Gross vs Net Salary
This calculator works with gross figures — your pay before income tax, national insurance, pension contributions, and other deductions. Your actual take-home pay (net salary) will be lower depending on your tax code, country, and any deductions your employer makes. For a net pay estimate, consult a tax calculator specific to your country.
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Frequently Asked Questions
How do I convert an annual salary to an hourly rate?
Divide your annual salary by 52 (weeks) and then by your weekly working hours. For a standard 40-hour week: annual salary ÷ 52 ÷ 40 = hourly rate. For example, £40,000 ÷ 52 ÷ 40 = £19.23 per hour.
How do I convert an hourly rate to an annual salary?
Multiply your hourly rate by your weekly hours, then by 52 weeks. For example, £20 per hour × 40 hours × 52 weeks = £41,600 annual salary.
How many working hours are in a year?
A standard full-time employee works 2,080 hours per year (40 hours per week × 52 weeks). This is the figure most commonly used for salary conversions, though actual hours may be lower after deducting holidays and public holidays.
What is the difference between gross and net salary?
Gross salary is your pay before any deductions. Net salary (take-home pay) is what you receive after income tax, social security contributions, pension deductions, and any other withholdings. This calculator works with gross figures.
How do I compare a freelance day rate to a salaried job?
Multiply your day rate by the number of days you work per year (typically 220–230 after accounting for holidays and time between contracts). Compare this to the annual salary offered. Remember freelancers pay their own taxes and receive no employee benefits, so the equivalent salary needs to be higher to break even.
How is monthly salary calculated from annual salary?
Divide your annual salary by 12. For example, a £36,000 annual salary is £3,000 per month gross. Some employers pay in 13 instalments or use different methods — check your employment contract if your monthly pay differs from this calculation.
What does pro-rata salary mean?
Pro-rata means your salary is calculated in proportion to the hours or days you work compared to a full-time employee. For example, if the full-time salary is £40,000 and you work 3 days a week (60% of full-time), your pro-rata salary is £24,000.
How do I calculate overtime pay?
First calculate your standard hourly rate (annual salary ÷ 52 ÷ weekly hours). Then multiply by your overtime rate — typically 1.5× or 2× your standard rate. For example, if your hourly rate is £15 and overtime is paid at 1.5×, your overtime rate is £22.50 per hour.