Salary Calculator
Convert a salary between annual, monthly, weekly and hourly pay.
What this tool does
A salary calculator converts annual, monthly, weekly and hourly pay with all conversions in one view. Divide the annual figure by 12 for monthly, by 52 for weekly, and by the working hours per year for the hourly rate. Most people use 52 weeks and 2,080 hours a year (40 hours a week for 52 weeks), but paid leave and part-time contracts change the denominator, which is why the calculator lets you set it.
Converts annual, monthly, weekly and hourly pay with all conversions in one view.
Accounts for the number of working weeks per year, which varies by contract.
Shows gross pay conversions; tax and deductions vary by country and are excluded.
Works in reverse: start from any period and see all the others.
How to use it
- Choose a currency symbol if you want one.
- Enter your pay in any period - annual, monthly, weekly or hourly.
- Set the working weeks per year and hours per week if they differ from 52 and 40.
- Read all the other periods converted.
- Compare the hourly figure against a quoted rate to check for gaps.
Why use this calculator
Converting annual, monthly, weekly and hourly pay with all conversions in one view removes the arithmetic gap that causes people to accept worse offers than they think. A salaried role quoted per year is easy to overstate in your head: 48,000 a year is 4,000 a month, 923 a week, and - at 40 hours a week over 52 weeks - only 23.08 an hour. Seeing all four at once is what makes a job comparison honest.
Why we built it
We built the salary calculator to let you start from any period, because people arrive with different numbers: a recruiter quotes an annual figure, a contract states a monthly one, a part-time role is quoted hourly. The overtime pay calculator adds the extra hours on top, and the freelance rate calculator builds the equivalent rate when you are billing rather than employed.
For what the pay is actually worth, the inflation calculator tracks it over time, the compound interest calculator shows what saving part of it does, and the savings goal calculator turns a target into a monthly deposit.
Who this tool is for
- Job seekers comparing offers quoted in different periods
- People checking a recruiter's hourly or daily rate against a salary
- Part-time and shift workers converting to an annual figure
- Anyone negotiating and needing the number in the other unit
When to use it
- When comparing a salaried role against a contract day rate.
- Before negotiating, to know your hourly equivalent.
- Checking a part-time role against a full-time equivalent.
- Budgeting from a weekly or fortnightly pay figure.
How it is calculated
Monthly = annual ÷ 12. Weekly = annual ÷ 52 (or your working weeks). Hourly = annual ÷ (weeks × hours per week). The defaults are 52 weeks and 40 hours, giving 2,080 hours a year; 37.5 hours a week over 52 weeks gives 1,950 hours. To go the other way, multiply: annual = hourly × weeks × hours.
Worked example: 48,000 a year over 52 weeks at 40 hours is 4,000 a month, 923.08 a week and 23.08 an hour. The same 48,000 over 48 working weeks at 40 hours is 25.00 an hour - an 8.3% difference that a 52-week assumption hides.
These are gross figures. Tax, national insurance or social contributions, pension and student loan deductions all come off the top afterwards, and they differ by country, so this calculator deliberately stays with gross pay.
Working weeks that actually apply
| Contract | Weeks | Hours/week | Hours/year |
|---|---|---|---|
| Full time, paid leave counted | 52 | 40 | 2,080 |
| Full time, leave excluded | 46 - 48 | 40 | 1,840 - 1,920 |
| European 37.5-hour week | 52 | 37.5 | 1,950 |
| Part time, 20 hours | 52 | 20 | 1,040 |
| Contractor, 46 weeks | 46 | 40 | 1,840 |
A worked example
These are the values the calculator opens with, so you can see exactly what it does with them. Change any value on the page and the result updates; the figures below come from the same calculation.
| Input | Value |
|---|---|
| Currency symbol | $ (dollar) |
| Salary | $48,000 per year |
| Working weeks per year | 52 |
| Hours per week | 40 |
With those inputs, the calculator returns:
- Annual: $48,000.00
- Monthly: $4,000.00
- Fortnightly: $1,846.15
- Weekly: $923.08
- Hourly: $23.08
Where the comparison usually goes wrong
The 52-week assumption flatters a salary when you compare it with an hourly rate, because it spreads the paid leave across weeks you are not working. Recruiters and candidates often use different denominators without noticing, which is why two people can quote the same job at different hourly rates and both be right.
| Assumption | Hours/year | Hourly |
|---|---|---|
| 52 weeks × 40 hours | 2,080 | $23.08 |
| 48 weeks × 40 hours | 1,920 | $25.00 |
| 46 weeks × 40 hours | 1,840 | $26.09 |
| 52 weeks × 37.5 hours | 1,950 | $24.62 |
What you enter, and what you get back
| Item | Details |
|---|---|
| Pay | Any one figure - annual, monthly, weekly or hourly. |
| Working weeks | Per year, if not 52. |
| Hours per week | If not 40. |
| Result | Annual, monthly, fortnightly, weekly and hourly gross pay. |
Issues you may run into
| What you see | Why it happens | What to do |
|---|---|---|
| Hourly figure looks too low | 52 weeks assumed but leave is not paid across all of them. | Set working weeks to 46 or 48. |
| Monthly does not match the payslip | 13-period or fortnightly pay cycle. | Use the fortnightly result and multiply by the number of periods. |
| Part-time figure seems wrong | Annual is for the hours worked, not full-time equivalent. | Divide by the hours first, then scale to full time. |
| Comparing against a day rate | Days per week not hours. | Convert the day rate to weekly, then use the hours per week. |
Assumptions and limitations
- Shows gross pay only - tax, pension, insurance and student loans are not deducted.
- Assumes equal pay across the periods, which ignores bonuses, commission and overtime.
- Does not model 13-period or 4-weekly pay cycles.
- Working weeks and hours must be set to match your actual contract.
Frequently asked questions
How do I convert annual salary to monthly?
Divide the annual figure by 12. A salary of 48,000 a year is 48,000 ÷ 12 = 4,000 a month gross. If you are paid fortnightly, divide by 26 instead, and if you are on a 4-weekly cycle, divide by 13.
How do I convert salary to hourly rate?
Divide the annual figure by the working hours in a year. For 48,000 over 52 weeks at 40 hours a week, that is 48,000 ÷ 2,080 = 23.08 an hour. If your paid leave is not counted across all 52 weeks, use 46 to 48 weeks instead, which raises the hourly figure.
How do I calculate weekly pay from annual salary?
Divide by 52 for a full-year contract, or by your actual working weeks if you have unpaid leave. 48,000 ÷ 52 = 923.08 a week. For fortnightly pay, divide by 26 instead - 1,846.15 on the same salary.
What is the difference between gross and net pay?
Gross is what you are paid before any deductions. Net is what reaches your bank after tax, national insurance or social contributions, pension contributions and any student loan or garnishment. The ratio varies by country, bracket and pension choice - commonly 70% to 80% of gross in higher-tax countries.
How many working hours in a year?
2,080 for a 40-hour week across 52 weeks, which is the standard assumption. Excluding unpaid leave gives 46 to 48 weeks, or 1,840 to 1,920 hours. A European 37.5-hour week over 52 weeks is 1,950 hours. Use the figure that matches your contract.
How do I negotiate a salary?
Convert every offer to a monthly and hourly figure first, so offers quoted in different periods compare honestly. Check the full package - bonus, pension match, leave, health cover and flexibility - because two equal salaries are rarely equal. Anchor on the annual figure you can evidence from market data, then negotiate benefits if the base is fixed.