Salary to Hourly Calculator
Convert annual salary to hourly rate, daily rate, weekly pay, and monthly pay — and back.
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How to use this calculator
The hourly rate is derived by dividing the annual salary by total working hours. Daily rate uses a 5-day work week. Monthly rate divides annual salary by 12. The reverse calculation multiplies hourly rate by annual hours to get the annual salary.
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Choose your conversion direction: annual salary to hourly, or hourly rate to annual.
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Enter your salary or hourly rate, then confirm hours per week and weeks worked per year.
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Read your converted daily, weekly, monthly, and annual pay figures instantly.
Frequently asked questions
How many working hours are in a year?
A standard full-time schedule is 40 hours per week × 52 weeks = 2,080 hours per year. If you take paid time off, your actual hours worked may be less. Adjust the weeks per year input to reflect your actual working schedule.
How do I convert a salary to an hourly rate for freelance pricing?
Divide your target annual income by the number of billable hours you plan to work. Keep in mind that freelancers typically bill only 60–70% of their time — the rest goes to admin, marketing, and non-billable work. Add 25–30% to cover self-employment taxes and benefits not provided by an employer.
Does this calculator account for taxes?
No — all values shown are gross (pre-tax) amounts. Your take-home pay will be lower after federal, state, and local income taxes, Social Security, and Medicare contributions. Use a paycheck calculator to estimate net pay.
Salary to Hourly Calculator — Convert Annual Pay to Hourly Rate
Why Convert Salary to Hourly Rate?
Converting salary to an hourly equivalent is essential for comparing job offers, negotiating freelance rates, calculating overtime eligibility, or understanding the true cost of a hire. A $60,000 annual salary works out to $28.85 per hour on a standard 40-hour, 52-week schedule — but if that role requires 50 hours per week, the effective hourly rate drops to $23.08. Understanding hourly equivalents helps you make apples-to-apples comparisons across different compensation structures and work arrangements.
Salary vs. Hourly Employment — Key Differences
Salaried employees typically receive the same pay regardless of exact hours worked and are often exempt from overtime laws in jurisdictions like the United States. Hourly employees are paid for every hour worked and are generally entitled to overtime (1.5× rate for hours above 40 per week in the US). When evaluating a salaried offer, always estimate average weekly hours to calculate your true effective hourly rate. A salaried position requiring 55 hours per week may pay less per hour than a lower-salaried role with firm 40-hour boundaries.
Learn more from an authoritative source:
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →