Salary converter
Turn an hourly rate into a yearly salary, or the other way round, using hours and weeks you choose.
About the salary converter
A job ad might quote an hourly rate while another offer quotes a yearly figure, and comparing them by eye rarely works. This converter puts every pay period on the same footing. Enter one amount, set how many hours you work each week and how many weeks you are paid each year, and read off the rest. Everything is calculated in your browser, so nothing you type is sent anywhere.
How it works
- Yearly pay is hourly pay x hours per week x weeks per year. The other periods are worked out from the yearly figure.
- Weekly pay is yearly pay divided by weeks per year. Monthly pay is yearly pay divided by 12. Daily pay is weekly pay divided by days worked per week.
- Hourly pay is yearly pay divided by (hours per week x weeks per year).
- Worked example: 20 per hour, 40 hours a week, 52 weeks a year gives 20 x 40 x 52 = 41,600 per year, which is 3,466.67 per month.
- Defaults are 40 hours and 52 weeks. If you get unpaid leave or work part time, change them, because the result is only as accurate as those two numbers.
How to use it
Step 1
Pick the pay period you know (hourly, daily, weekly, monthly or yearly) and type the amount.
Step 2
Set your hours per week and weeks paid per year to match your contract.
Step 3
Read the other periods in the results and copy the one you need.
Good to know
- If you are paid for 48 weeks because of unpaid school holidays, enter 48, not 52. The yearly total will drop to match your real pay.
- Compare offers using the same hours. A 37.5 hour week and a 45 hour week at the same yearly salary are very different hourly rates.
- The figures are before tax. Use the take home pay estimator when you want to see what lands in your account.
Questions
Is the result before or after tax?
It is gross pay, meaning before tax and other deductions. Your take home pay will be lower.
Why is monthly pay not just weekly pay x 4?
A year has a little over 4 weeks in each month. The converter uses yearly pay divided by 12, which matches how most salaries are paid.
Can I use any currency?
Yes. The calculator only multiplies and divides numbers, so it works with whatever currency you are paid in.