Salary Converter — Hourly to Annual
About the Salary Converter
Convert a salary between hourly, daily, weekly, monthly, and annual figures instantly. Useful for comparing a contract day-rate against a full-time offer, or checking what an annual package means per hour. The conversion uses standard working assumptions (hours per week and working weeks per year) that you can adjust to match your real schedule.
This tool works in your browser: the files and text you use are processed on your device and are not uploaded.
How to use it
- Open the Salary Converter tab.
- Enter the hourly rate, the hours you work per week and the weeks you work per year.
- Read the equivalent pay for the other time periods.
Frequently asked questions
How do you convert an annual salary to an hourly rate?
Divide the annual salary by the number of working hours per year. With a 40-hour week and 52 weeks, that is 2,080 hours — so a $52,000 salary is $25/hour. Adjust the hours if your week is shorter or you take unpaid leave.
Why is my contract day-rate not directly comparable to a salary?
Contractors typically cover their own leave, sick days, insurance, equipment, and gaps between contracts. A common rule of thumb is that a contract rate needs to be 20–40% higher than the salary equivalent to break even on total compensation.
Is the result gross or net (take-home) pay?
All conversions are gross (before tax). Income tax, social security, and other deductions depend on your country and personal situation, so take-home pay will be lower.
This calculator is for informational and educational purposes only and does not constitute financial advice. Verify important figures with your bank, lender, or a qualified financial advisor.