Convert pay between hourly, daily, weekly, monthly and yearly.
Hourly rate
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Per day
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Per week
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Per month
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Per year
Period
Gross pay
Based on
These are gross figures before tax, pension and other deductions. Your take-home pay will be lower — check with your payroll or tax authority.
How this works
Hours per year = hours/day × days/week × paid weeks/year
Hourly = annual ÷ hours per year
Monthly = annual ÷ 12
Assumption
Common value
Full-time hours per week
37.5 to 40
Working weeks per year
52 if paid leave, ~48 if unpaid
Standard full-time hours per year
2,080 at 40 × 52
Weeks per month
4.333, not 4
A month is 4.333 weeks on average. Dividing annual pay by 12 is right; multiplying weekly pay by 4 is not.
Contractors should use paid weeks, not 52 — unpaid leave, gaps and sick days cut the real hourly rate.
Everything here is gross. Tax, pension and insurance come off afterwards.
Currency
Amounts follow the currency selected above.
How do I convert an annual salary to an hourly rate?
Divide the annual figure by the hours you actually work in a year. At 40 hours a week for 52 weeks that is 2,080 hours, so 60,000 a year is about 28.85 an hour.
Why is monthly pay not four times weekly pay?
A month averages 4.333 weeks, not 4. Multiplying by 4 understates monthly pay by about 8%. Divide the annual figure by 12 instead.
What rate should a contractor charge to match a salary?
Use fewer paid weeks — 46 to 48 to allow for leave and gaps — and add for the benefits, pension and employer taxes an employer would otherwise cover.
How do I convert a day rate to an annual salary?
Choose "Day" in the "Paid per" dropdown above, enter your day rate, and set the days you are paid for per week and paid weeks per year — contractors typically use 46-48 paid weeks rather than 52 to allow for gaps between contracts.
Does this show my bring-home salary?
No — every figure here is gross, before tax, pension and other deductions. For what actually lands in your account, use the take-home pay calculator, which applies income tax and social contributions by country.