How to convert a salary to an hourly rate
The maths is simple: divide your annual salary by the number of hours you work in a year. Your yearly hours are your hours per week times the weeks you work per year. Take £45,000 a year at 37.5 hours a week over 52 weeks. That is 1,950 hours in the year, so 45,000 divided by 1,950 is about £23.08 an hour. At 40 hours a week the same salary works out to £21.63 an hour, because you are spreading the same pay over more hours. This calculator handles annual, monthly, weekly, daily and hourly in one place, so you can start from whichever figure you know.
Convert an hourly rate to a salary
It works both ways. Set the calculator to know your pay per hour and it multiplies out to a full salary. £15 an hour at 40 hours a week over 52 weeks is 15 times 2,080, or £31,200 a year before tax. This is handy when a job is advertised by the hour and you want to compare it with a salaried role, or when you are quoting a day rate and need the annual equivalent.
Gross pay, not take-home
Every figure here is gross, meaning before income tax, National Insurance, pension or any other deduction. It shows what your salary is worth per hour on paper, which is the right number for comparing offers or checking a rate. To see what reaches your account, run the result through a take-home pay calculator for your country. Pick your currency in the calculator above and, where we have a matching tool, a link to the right take-home calculator appears with your result.
Frequently asked questions
Hourly rate to annual salary
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Simon is the founder of Orbit Money, a tool that helps people track subscriptions and recurring spend. He builds Orbit's free money calculators and writes about personal finance for readers in the UK, US and Australia.
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