Salary to Hourly Rate Calculator

Comparing a salaried job with freelance work is impossible until both are expressed in the same unit. This calculator converts in both directions and lets you set hours per week and paid weeks per year, which is where naive conversions go wrong for contractors who get no paid holiday.

How to use it

  1. Choose whether you are starting from an annual salary or an hourly rate.
  2. Enter the amount, then set hours worked per week.
  3. Set paid weeks per year — 52 for salaried employment, closer to 46 for a contractor taking unpaid leave.
  4. Read the equivalent hourly, daily, weekly, monthly, and annual figures.

Frequently asked questions

Why does a contract rate need to be higher than the salaried equivalent?

Because a salary includes paid holiday, sick leave, employer pension contributions, and often health cover. Contractors fund all of that from the headline rate, which is why a 25–40% uplift is common.

How many weeks should a freelancer enter?

Subtract holiday, sick days, and unbilled admin time. Many independent consultants bill closer to 44–46 weeks even though they work most of the year.

Is this gross or net pay?

Gross, before income tax and deductions. Net pay depends on your jurisdiction, allowances, and filing status.

What is the quick mental shortcut?

For a 40-hour week, halve the hourly rate and read it as thousands per year. A rate of 30 an hour is roughly a 60,000 salary — approximate, but close enough for a first filter.

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