What this tool does
Converts an hourly rate into annual, monthly, and weekly pay. Adjust weekly hours and working weeks to compare contract terms.
How to use it
- Enter the hourly rate.
- Enter paid hours per week.
- Enter working weeks per year.
- Run it for annual, monthly, and weekly figures.
Worked example
20 an hour, 40 hours a week, 52 weeks gives 41,600 a year, about 3,466.67 a month, and 800 a week.
Calculation method
Gross annual pay
hourly*hours*weeksAverage gross monthly pay
hourly*hours*weeks/12Gross weekly pay
hourly*hoursFrequently asked questions
- How do I compare a contract with unpaid leave?
- Reduce the working weeks. With two weeks unpaid, enter 50 instead of 52, which lowers the annual equivalent accordingly.
- How do I go from salary to hourly?
- Use the annual-salary-per-hour calculator — it computes the same relationship in reverse.
What this tool does not cover
A gross conversion based on paid hours. Tax, leave entitlements, overtime premiums, and bonuses are excluded.