Salary to Hourly Calculator
Convert your annual salary to an hourly, daily, weekly, and monthly rate.
Your Details
Your Pay Breakdown
Introduction
Calq.’s Salary to Hourly Calculator converts an annual salary into an equivalent hourly, daily, weekly, and monthly rate. It’s designed for employees, job seekers, HR teams, and contractors who want a fair, apples-to-apples comparison between salaried roles and hourly work. The tool accounts for your schedule, vacation time, and paid holidays to show your true effective hourly rate. Results are shown in your selected local currency (e.g., $, £, €) and use a period for decimals.
How it works
- Enter your annual salary (gross pay before taxes).
- Enter your typical hours per week and days per week.
- Enter vacation weeks per year (paid time off you actually take).
- Enter the number of paid holidays per year (paid days off like public holidays).
- Review your results: hourly, daily, weekly (for a worked week), and monthly rates.
The monthly rate is simplysalary ÷ 12
, a common convention.
Inputs explained
- Annual salary: Your yearly base pay before tax and deductions. Exclude bonuses unless you want them reflected-if included, your hourly result will rise.
- Hours per week: Your normal weekly total (often 40; common alternatives are 37.5 or 35).
- Days per week: How many days you work each week (often 5; a 4-day week is fine).
- Vacation weeks per year: Paid vacation weeks you plan to take. If you get 15 days, enter 3 weeks.
- Paid holidays per year: Paid one-day holidays (e.g., 8-10 in many regions). Do not include them in vacation weeks or you will double count.
Results and interpretation
- Hourly rate: Your effective hourly pay based on the actual hours you work in a year after subtracting vacation and paid holidays. Use this to compare offers or set contract rates.
- Daily rate: The pay per worked day, computed from your hourly rate × hours per day.
- Weekly rate (worked week): The pay for a week you actually work, computed from your hourly rate × hours per week.
Note: The calendar-average weekly pay issalary ÷ 52
and includes paid time off; it may differ from the “worked week” figure shown. - Monthly rate:
Salary ÷ 12
. Employers commonly spread annual salary evenly across the 12 months, regardless of how many workdays a particular month has.
Method and assumptions
Formulas (using “.” for decimals):
- Hours per day (HPD) = Hours per week ÷ Days per week
- Working weeks = 52 − Vacation weeks
- Paid holiday hours (PH) = Paid holidays × HPD
- Annual working hours (AWH) = Hours per week × Working weeks − PH
- Hourly rate = Annual salary ÷ AWH
- Daily rate = Hourly rate × HPD
- Weekly rate (worked week) = Hourly rate × Hours per week
- Monthly rate = Annual salary ÷ 12
Assumptions:
- Vacation weeks and paid holidays are paid days off, so they reduce hours worked but not pay, increasing your effective hourly rate.
- If your holidays are unpaid, set “Paid holidays” to 0 and instead reflect expected unpaid time off by lowering the annual salary to your expected earnings.
- The calculator rounds to two decimals for readability.
Finance and HR context
- Gross vs net: Results are before taxes and deductions (retirement, health insurance, etc.). Take-home pay varies by country, region, and year; check current local tax rules if you need after-tax estimates.
- Exempt vs non-exempt: In some jurisdictions, salaried “exempt” roles do not earn overtime; “non-exempt” roles may be eligible. This tool shows base equivalence only and does not add overtime premiums.
- Benefits have value: Salaried packages often include paid leave, insurance, and retirement contributions. When comparing to hourly or contractor rates, factor in the value of those benefits.
- Work hours differ by region: Full-time schedules commonly range from 35 to 40 hours per week. Local practices and public holiday counts vary.
Tips and strategies
- Use your real average: If your hours fluctuate, use an average week across the year.
- Avoid double counting: Do not include holidays inside vacation weeks. Enter them separately.
- Model scenarios: Try different vacation and holiday values to see how paid time off changes your effective hourly rate.
- Compare apples to apples: When comparing to an hourly offer without paid leave, remember your salaried package includes paid time off-your effective hourly rate may be higher than it first appears.
- Pay period shortcuts:
- Annual ÷ 52 = average weekly pay
- Annual ÷ 26 = typical biweekly pay
- Annual ÷ 24 = semi-monthly pay
- Annual ÷ 12 = monthly pay
Example calculation
Scenario:
- Annual salary: $65,000
- Hours per week: 40
- Days per week: 5
- Vacation weeks: 3
- Paid holidays: 10
Step-by-step:
- Hours per day = 40 ÷ 5 = 8.00
- Working weeks = 52 − 3 = 49
- Paid holiday hours = 10 × 8.00 = 80
- Annual working hours = 40 × 49 − 80 = 1,880
Results:
- Hourly rate = $65,000 ÷ 1,880 = $34.57
- Daily rate = $34.57 × 8.00 = $276.60
- Weekly rate (worked week) = $34.57 × 40 = $1,382.98
- Monthly rate = $65,000 ÷ 12 = $5,416.67
Frequently asked questions
-
How many working hours are there in a year?
A common baseline is 2,080 hours (40 hours × 52 weeks). Subtract paid vacation and holiday hours to get your own annual working hours. -
Why is my weekly result different from salary ÷ 52?
The calculator’s weekly number reflects a worked week (hourly × weekly hours). Salary ÷ 52 is the calendar-average weekly pay and includes paid time off. -
Should I include paid holidays if they’re already part of my vacation allowance?
No. If holidays are already counted inside your vacation weeks, set “Paid holidays” to 0 to avoid double counting. -
Does this calculator account for taxes or overtime?
No. It shows gross pay equivalents only. Overtime eligibility and tax rates vary by jurisdiction and employer policy. -
What if I work a 4-day week or shifts?
Enter your actual hours per week and days per week (e.g., 4 days × 10 hours). The formulas adapt automatically. -
Can I use this to set a contractor day rate?
Yes, but remember contractors typically cover their own benefits and unpaid time off. Consider adding a benefits and risk premium to the daily or hourly figure.
Summary
Calq.’s Salary to Hourly Calculator helps you convert annual pay into meaningful hourly, daily, weekly, and monthly numbers while accounting for your schedule, vacation, and paid holidays. Use the calculator above with your details to see your effective hourly rate, compare job offers, or plan contract pricing.
This is general information, not financial or tax advice; check local rules and your employment contract for specifics.