Salary Calculator
Convert between hourly, daily, monthly, and annual salaries.
Frequently Asked Questions
How do I convert an hourly rate to an annual salary?
Multiply your hourly rate by weekly hours, then by 52 weeks. Standard full-time: hourly × 40 × 52. For example, $25/hour × 40 × 52 = $52,000/year. If you take unpaid leave, adjust weeks accordingly. This calculator lets you set custom hours per week for an accurate result.
How many working days and hours are in a year?
A standard full-time year has 260 working days (52 weeks × 5 days). After subtracting public holidays (8–12 days in the US/UK), effective working days are 248–252. At 8 hours/day that's approximately 1,984–2,016 working hours annually.
How do I compare two job offers with different pay structures?
Convert both to the same unit (usually annual salary), then factor in benefits. A $70,000 salaried role with health insurance, pension, and 20 days PTO may be more valuable than a $75,000 contract role where you cover your own benefits. Calculate the monetary value of benefits for a true comparison.
What is the difference between gross and net salary?
Gross salary is total earnings before deductions. Net (take-home) pay is what remains after income tax, social security, pension contributions, and other deductions. The gap varies significantly by country and income level. This calculator shows gross equivalents — use a dedicated tax calculator for net pay.
How do I calculate a freelance day rate from an annual salary target?
Formula: (Target annual income + business expenses) ÷ billable days. If you want $80,000/year with $5,000 expenses and 200 billable days: ($80,000 + $5,000) ÷ 200 = $425/day. Freelancers typically charge 20–30% more than employees to cover unpaid leave, gaps, and self-employment taxes.