Convert an hourly rate into a daily, weekly, monthly and yearly salary, or work backwards from a yearly salary to an hourly rate. Figures are before tax.
Results are estimates for planning. Check the figures before you make a financial or health decision.
How the Hourly rate to salary works
Choose whether you are converting an hourly rate to a salary or a salary to an hourly rate.
For hourly to salary, the yearly figure is your rate × hours per week × paid weeks per year. For salary to hourly, the tool divides the yearly salary by hours per week × paid weeks.
The other rows are derived from the same yearly figure:
- Per day: yearly pay ÷ (paid weeks × working days per week).
- Per week: yearly pay ÷ paid weeks.
- Per month: yearly pay ÷ 12.
The defaults are 37.5 hours a week, 52 paid weeks and 5 days. Use 52 weeks if your holidays are paid. If time off is unpaid, enter fewer weeks. All figures are gross, before tax and National Insurance, and the tool does not add overtime, bonuses or pension. Hours up to 168 a week and up to 52 paid weeks are accepted.
Worked example
Using the default values in the calculator above:
| Input | Value |
|---|---|
| Convert | Hourly rate to salary |
| Hourly rate | £15.50 |
| Hours per week | 37.5 |
| Paid weeks per year | 52 |
| Working days per week | 5 |
Yearly salary: £30,225.00
| Per hour | £15.50 |
|---|---|
| Per day | £116.25 |
| Per week | £581.25 |
| Per month | £2,518.75 |
| Per year | £30,225.00 |
Tips and common mistakes
Match the paid weeks to your contract. Using 52 for a job with unpaid holidays will overstate yearly pay. If your hours vary, use an average over several weeks.
Remember that the monthly figure is yearly pay divided by 12, so it will not match a four-week pay cycle. To see what lands in your account, put the yearly figure into the UK take-home pay calculator. Add extra hours with the Overtime pay calculator. See Hourly rate to salary, and how to work out overtime for more.
Frequently asked questions
How do I convert an hourly rate to an annual salary?
Multiply the hourly rate by the hours you work each week and by the number of paid weeks in the year. The calculator does this and shows the weekly and monthly figures too.
Are the results before or after tax?
Before tax. They are gross figures. Use the take-home pay calculator to see what you receive after tax and National Insurance.
What should I enter for paid weeks?
Use 52 if your holidays are paid. If you are paid only for the weeks you work, enter the number of paid weeks instead.
Guides that help
- Hourly rate to salary, and how to work out overtime
- How to work out your take-home pay from a UK salary