Hourly to Salary Calculator

Comparing an hourly contract to a salaried offer? This converts your hourly rate into a yearly figure so you can compare like for like.

advertisement
Equivalent annual salary

Note: Salaried roles often include paid leave and benefits not reflected in an hourly rate — factor those in when comparing.

advertisement

How this calculator works

The conversion is deliberately simple: your hourly rate multiplied by the hours you work each week, multiplied by the number of weeks you work in a year. The figure that trips people up is the number of working weeks. There are 52 weeks in a year, but almost nobody works all of them once you subtract holidays and unpaid breaks, so most people should use somewhere between 46 and 50.

Worked example

At $30 an hour, working 40 hours a week for 48 weeks a year, the maths is 30 x 40 x 48 = $57,600 a year. Bump the weeks up to 52 and it rises to $62,400 — which is why the number of weeks you choose matters so much.

Frequently asked questions

How many working weeks should I use?

Most people use 48 to 50 weeks to allow for holidays and time off. Use 52 only if you genuinely work every week of the year with no break.

Does this include tax?

No. This shows your gross annual income before tax. Your take-home pay will be lower depending on your tax band and deductions.

Is an hourly job worth the same as a salary at this figure?

Not exactly. Salaried roles often include paid holiday, sick pay, and pension contributions that an hourly rate does not, so factor those benefits in when comparing offers.