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Finance Tools

Salary to Hourly

Convert annual salary to hourly, daily, weekly and monthly pay, or work backwards from an hourly rate. Adjust hours per week and weeks per year to match your actual schedule.

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$

Total: 2,080 hours/year · All figures are before tax.

Pay breakdown

Enter a salary to see the breakdown

Common salary benchmarks (USD, 40h/week)

Role / LevelAnnualMonthlyHourly
Minimum wage (US)$15,080$1,256.67$7.25
Median US salary$59,540$4,961.67$28.63
Entry-level tech$85,000$7,083.33$40.87
Mid-level engineer$130,000$10,833.33$62.50
Senior engineer$180,000$15,000.00$86.54

Source: US Bureau of Labor Statistics / industry averages. Before tax.

How to convert a salary to an hourly rate

Enter your pay, adjust the hours and weeks you really work, and see every pay period at once.

  1. 01

    Choose the direction

    Annual Salary to Hourly if you know your yearly pay, or Hourly Rate to Annual if you're weighing a contract or part-time rate.

  2. 02

    Enter the amount and pick a currency

    Eight currencies are available, including USD, EUR, GBP and INR. The currency only changes the symbol; the maths is the same.

  3. 03

    Set your real hours and weeks

    The defaults are 40 hours a week and 52 weeks a year, which is 2,080 paid hours. Change them if you're part-time, work long hours or take unpaid leave.

How each figure is worked out

Every row comes from the annual figure and your hours. Here's the full set for a $90,000 salary at the default 40 hours and 52 weeks:

Pay periodFormulaFor $90,000
HourlyAnnual ÷ (hours a week × weeks a year)$90,000 ÷ 2,080 = $43.27
DailyHourly × (hours a week ÷ 5)$43.27 × 8 = $346.15
WeeklyHourly × hours a week$43.27 × 40 = $1,730.77
Bi-weeklyWeekly × 2 (26 paydays a year)$3,461.54
Semi-monthlyAnnual ÷ 24 (two fixed paydays a month)$3,750.00
MonthlyAnnual ÷ 12$7,500.00
QuarterlyAnnual ÷ 4$22,500.00

Notice that bi-weekly and semi-monthly aren't the same. Bi-weekly pay comes every two weeks, 26 times a year, so twice a year you get a third payday in a month. Semi-monthly is fixed at 24 payments, usually on the 1st and 15th. The daily rate assumes a five-day week.

Paid leave and the hours you actually work

52 weeks counts every week as worked, which is right for comparing salaries but flatters your real hourly earnings. If you take four weeks of leave, you're paid for 52 weeks but work 48. Set weeks to 48 and the same $90,000 becomes $46.88 an hour of actual work. Regular overtime goes the other way: a salaried 50-hour week brings $90,000 down to $34.62 an hour.

For Indian salaries, start from the in-hand or gross figure rather than CTC, which includes employer contributions such as PF and gratuity that you don't receive as pay. An ₹18 lakh gross salary is ₹1,50,000 a month and works out to about ₹865 an hour on a 40-hour, 52-week basis.

When people convert pay

Comparing a salary with a contract rate

A $50 hourly contract is $104,000 a year at 2,080 hours, but contractors usually cover their own leave, insurance and gaps between projects, so compare carefully.

Putting a raise in hourly terms

Going from $75,000 to $80,000 is about $2.40 more for every hour worked. Concrete numbers help in a salary conversation.

Pricing part-time work

Set 20 or 30 hours a week to see what a reduced schedule pays over a year, at the same hourly rate.

What the numbers don't include

  • Tax and deductions. Everything is gross pay before income tax, social security or provident fund contributions.
  • Benefits. Health insurance, pension contributions and bonuses aren't counted, though they can be a large part of total pay.
  • Unpaid time. For freelancers, time spent finding clients and doing admin isn't billable, so the rate you charge needs to be higher than the employee equivalent.
  • The benchmarks shown in the tool are rough reference points, not official statistics, so check current figures for your country and field.

Frequently asked questions

2,080 at 40 hours a week for 52 weeks. With four weeks off it's 1,920; at 37.5 hours a week it's 1,950.
Before. They show gross pay. Use your country's tax calculator to estimate take-home pay.
A common starting point is your employee hourly rate plus 25 to 50%, to cover tax, unpaid days and benefits you'd lose. The right figure depends on how many hours you can actually bill.
No. The calculation runs in your browser.
$52,000 at 40 hours a week for 52 weeks. Each extra dollar an hour adds $2,080 a year at full time.
Yes. Choose INR and type the full number without commas, such as 1800000 for ₹18 lakh.
Multiply it by 12 and enter the annual figure. ₹1,50,000 a month is ₹18,00,000 a year.

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