Use fewer weeks if you take unpaid time off
Enter your salary or hourly rate to convert
What is a salary to hourly calculator?
A salary to hourly calculator converts any pay period — annual, monthly, or hourly — into the others instantly. If you earn $75,000 a year, the standard formula divides by 2,080 working hours and gives you $36.06 per hour. If you earn $28 per hour and want to compare it against a salaried offer, it works in reverse: $28 × 40 hours × 52 weeks = $58,240 per year. This calculator handles both directions on a single page, so you do not need two separate tools.
How the conversion works
The default is 40 hours per week and 52 weeks per year, giving the standard 2,080-hour work year used across US, UK, and Canadian payroll. You can adjust both to match part-time hours or unpaid time off. For example, if you take two weeks of unpaid leave, set weeks per year to 50 — your hourly rate rises because the same annual salary is spread across fewer hours.
What your contract rate is not telling you
The standard conversion answers one question: what does my salary work out to per hour on paper? It does not answer the more useful one: what is each hour of your life actually worth, given everything you do for that job? The Real Hourly Rate tab answers that by counting hours your employer does not pay but your job still requires — unpaid overtime, commute and prep time, and time lost to vacation policies. Add in annual bonuses and the dollar value of health insurance or other perks, and the picture changes significantly.
The math often surprises people. A $80,000 salary with a nominal rate of $38.46/hr can drop to $28–$30/hr for someone working eight hours of unpaid overtime per week with a 45-minute daily commute. Run the same numbers the other way: someone with a lower salary but full remote work and no overtime may be earning more per real hour. If you are weighing an office job against a remote role, or a salaried position against going freelance, the Real Hourly Rate is the number to compare — not the contract figure.
The Freelance Floor Rate card takes that one step further. It adjusts your true hourly rate upward to account for self-employment taxes (27% for the US, 30% for the UK, 26% for Canada) and the benefits your employer was covering. Use it alongside our Freelance Hourly Rate Calculator to set a rate that actually replaces your full employment package.
How to use this calculator
Enter your amount and select the input type. Type your salary or wage, then choose Annual, Monthly, or Hourly. The converter normalizes everything to an annual figure first and outputs all four periods — annual, monthly, weekly, and hourly — simultaneously.
Adjust hours per week and weeks per year if needed. The defaults (40 hours, 52 weeks) work for standard full-time roles. Change them for part-time schedules, contract work, or unpaid time off. If you take three weeks of unpaid vacation, set weeks per year to 49.
Switch to the Real Hourly Rate tab for a full picture. Enter your salary, any annual bonus, and the monthly dollar value of employer-paid benefits such as health insurance or a 401(k) match. Then fill in your actual hours — official hours, unpaid overtime per week, office days, and your daily commute and prep time. Select your market (US, UK, or Canada) to set the correct vacation default and self-employment tax buffer.
Read the three output cards. The Nominal Rate is what your contract implies. The True Hourly Rate is what you earn per hour of your life, accounting for all time the job requires. The Freelance Floor Rate is the minimum hourly rate you would need to charge as a freelancer to match your current total compensation — after taxes and removed employer benefits. For detail on self-employment tax by country, see our Self-Employment Tax Calculator.