What this tool does
Divides an annual salary by weekly hours and working weeks to give an hourly rate, on a gross basis.
How to use it
- Enter the annual salary.
- Enter weekly hours.
- Enter working weeks per year.
- Run it for the hourly rate.
Worked example
A 50,000 salary at 40 hours a week over 52 weeks gives about 24.04 an hour.
Calculation method
Hourly equivalent
salary/hours/weeksFrequently asked questions
- How do I treat paid leave?
- Paid leave is still paid, so keep 52 weeks. Only subtract unpaid absence.
- Does heavy overtime lower my hourly rate?
- Your effective rate falls. Enter the hours you actually work to see the gap against the nominal rate.
What this tool does not cover
A gross conversion. Tax, social insurance, bonuses, allowances, and overtime premiums are not reflected.