Universal pay converter
Hourly to salary calculator
Convert an hourly rate into weekly, monthly and annual gross pay using the hours and paid weeks that match your role.
The formula
Annual gross pay equals hourly rate × paid hours per week × paid weeks per year. Weekly pay uses the entered weekly hours. Monthly pay is the annual amount divided by 12, not four times weekly pay; an average month contains about 4.33 weeks.
Paid weeks matter. A permanent role may pay across 52 weeks even when you take annual leave. A contractor paid only for working weeks should subtract unpaid holiday, gaps between projects and other non-billable time.
Comparing hourly and salaried work
The gross conversion is only the first layer. A salaried package may include employer pension contributions, paid leave, sick pay, insurance and training. Hourly or contract work may offer a higher rate but place more downtime and expense risk on you.
- Use paid hours rather than total time on site if breaks are unpaid.
- Separate guaranteed hours from overtime that may disappear.
- Value paid leave and employer pension contributions separately.
- Subtract professional fees, equipment and travel you must fund yourself.
- Use the job offer comparison tool for recurring costs and working hours.