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ToolBoxGenie

Salary to Hourly Calculator

Calculators · Added 18 August 2026

Enter a rate for any period and see what it works out to for every other one. Set the hours you actually work, the leave you actually take and any overtime, and the calculator shows both the salaried rate across all 52 weeks and the higher rate over the weeks you are genuinely at work — the number to quote when pricing a contract.

hrs

Contracted hours, not including overtime.

days
days

Holiday plus public holidays. Used for the worked-time rate.

weeks

Leave at 0 unless you are quoting a contract rate.

hrs
×

1.5 is time and a half, 2 is double time.

How to use the salary to hourly calculator

  1. 1Enter the pay amount and choose the period it is paid for.
  2. 2Set your contracted hours and days per week.
  3. 3Add your paid leave, and any unpaid weeks off if you are quoting a contract rate.
  4. 4Add overtime hours and the multiplier if overtime is part of the package.
  5. 5Press Convert to see every equivalent rate, in both the salaried and the worked-time view.

Examples

A £50,000 salary as an hourly rate

Input
£50,000 a year, 40 hours a week, 5 days, 28 days paid leave
Result
£24.04 an hour across 52 weeks · £27.17 an hour over the 46.4 weeks actually worked

The second figure is what a contractor needs to charge to match the salary, since they are not paid for the weeks they take off.

An hourly rate as a salary

Input
$32 an hour, 37.5 hours a week, no unpaid weeks
Result
$62,400 a year · $5,200 a month · $1,200 a week

Overtime included

Input
£18 an hour, 40 hours plus 5 overtime hours a week at 1.5×
Result
Base £37,440 plus £7,020 overtime — £44,460 a year

About the salary to hourly calculator

The number that makes two offers comparable

Job offers arrive in incompatible units. One is an annual salary, one is a day rate, one is hourly plus overtime, and one is a monthly figure that turns out to be paid thirteen times a year. Comparing them by eye is how people accept the worse offer.

Converting everything to an hourly rate makes the comparison honest, but only if the hours are honest too. A £60,000 job at 37.5 hours a week pays £30.77 an hour; the same salary at a genuine 50-hour week pays £23.08. That is the difference between two offers that look identical on paper.

Why paid leave changes the answer

A salaried employee is paid for 52 weeks and works fewer. In the UK, 28 days of statutory leave is 5.6 weeks, so a nominally full-time year is closer to 46 working weeks. The salary does not change, so the rate per hour actually worked is about 12% higher than the naive division suggests.

That gap is exactly what a contractor has to price in. Quoting a day rate derived from dividing a salary by 260 days rather than by the days actually worked leaves the contractor funding their own holiday out of a rate that never included it — a mistake that only becomes visible at the end of the tax year.

Overtime and the multiplier

Overtime pay is normally quoted as a multiplier of the base rate: 1.5 for time and a half, 2 for double time. The calculator applies it to the hours you enter, on top of the base salary, so the annual total reflects a typical week rather than a contracted one.

Worth knowing: in many jurisdictions overtime eligibility depends on classification rather than on the contract. In the US, the Fair Labor Standards Act sets a salary threshold below which an employee must be paid overtime regardless of being salaried. If overtime is a regular part of the role, the classification is worth checking before the rate is.

Frequently asked questions

Why are there two hourly figures?
Because there are two correct answers, and they answer different questions. Dividing an annual salary by 52 weeks gives the rate you are paid, including the weeks you are on holiday. Dividing by the weeks you actually work gives the rate your working time is worth. An employee wants the first; anyone comparing a salary against a day rate or an hourly contract wants the second, because a contractor earns nothing during the weeks a salaried colleague is being paid to be away.
What does the standard 2,080 hours a year come from?
40 hours a week multiplied by 52 weeks. It is the convention in US payroll and it deliberately ignores holidays, because a salaried employee is paid for those weeks anyway. Countries with statutory leave — 28 days in the UK, 25 or more across much of the EU — produce a materially different figure once you switch to the worked-time view, which is why the leave field is here.
Is this take-home pay?
No, these are gross figures. Income tax, national insurance or social security, pension contributions and student loan repayments all come out afterwards, and the rules differ by country and by individual circumstance. Use this to compare offers on a like-for-like basis, then a tax calculator for your jurisdiction to work out what actually reaches your account.
How should I use this to price freelance work?
Start from the salary you want, use the worked-time hourly rate as the floor, then add for the things an employer was paying that you now cover yourself: employer pension contributions, sick pay, equipment, insurance, accounting, and the unbillable time spent finding the next client. A common rule of thumb is that a freelance rate needs to be roughly double the equivalent salaried hourly rate to leave the same amount in your pocket.
Does it handle a four-day week or part-time hours?
Yes. Set the days and hours per week to whatever you actually work. A 0.8 full-time-equivalent contract at 30 hours over four days converts correctly, and the daily rate uses your days rather than assuming five.

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