Salary to Hourly Rate Calculator
Convert an annual or monthly salary into an equivalent hourly rate, assuming standard full-time working hours.
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Frequently asked questions
Quick answers before you start.
Why would I convert my salary to an hourly rate?
Freelancers and consultants use it to price work against a salaried benchmark. It also helps employees understand what their time is worth per hour, which is the number to use when evaluating side work or overtime.
How do I convert my monthly salary to an hourly rate?
Enter your monthly pay and set Pay period to 'Per month'. The calculator multiplies it by 12 to get the annual figure, then divides by your hours per week × weeks per year. A 60,000 monthly salary at 40 hours × 52 weeks works out to about 346 an hour.
How many weeks per year should I use?
Standard is 52. But if you get 4 weeks of paid leave, use 48 — your effective hourly rate is higher because you work fewer weeks for the same salary. The calculator defaults to 52 and lets you adjust.
Does this include benefits and taxes?
No — it's a straight division of salary by hours. A salaried employee's true cost to an employer is 1.3–1.5x salary when benefits and taxes are included, so an equivalent freelance rate is usually higher than this number.
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