New Zealand
Hourly to salary calculator
Converting between an hourly rate and a yearly salary is the quickest way to compare two jobs on the same footing. Set your usual hours per week and how many weeks a year you are paid, then go either direction: turn an hourly figure into annual, monthly and weekly pay, or break a salary back down to an hourly rate. It is built for weighing a salaried offer against contract work, pricing a freelance day rate, or checking that a part-time wage adds up to what you expected over a year.
How it works
- Pick the direction: hourly rate into a salary, or a salary into an hourly rate.
- Enter your normal weekly hours and the number of paid weeks in the year. Use 52 when holiday is paid.
- An annual figure is hourly rate x hours per week x paid weeks; the monthly figure divides that by 12.
- Going the other way, the hourly rate is the annual salary divided by (hours per week x paid weeks).
annual = rate x hours per week x paid weeks; hourly = annual / (hours x weeks)
Going from an hourly rate, the tool multiplies it by your weekly hours and then by the number of paid weeks in the year to reach annual pay, and divides by twelve for a month. Going the other way, it divides the annual salary by the total paid hours in the year to recover the hourly rate. The paid-weeks figure is the lever that ties the two together.
- rate
- pay per hour, before deductions
- hours
- normal paid hours worked each week
- weeks
- paid weeks in the year, often 52
UK reference rates, 2025/26
| National Living Wage, 21 and over | £12.21/hr | ≈ £25,400 at 40 hours, 52 weeks |
| Real Living Wage, outside London | £12.60/hr | voluntary, set by the Living Wage Foundation |
| Real Living Wage, London | £13.85/hr | higher to reflect living costs |
| Median full-time hourly pay | ≈ £18.70/hr | ONS, gross |
Worked example
20 per hour, 40 hours a week, 52 paid weeks: that is 41,600 a year, or roughly 3,467 a month and 800 a week. Drop to 30 hours a week and the annual figure falls to 31,200.
Key facts
- A handy shortcut: an hourly rate times 2,080, the hours in a 40-hour, 52-week year, gives a rough annual salary.
- The number of paid weeks matters as much as the rate, since unpaid leave quietly lowers the true annual figure.
- A salaried worker and a contractor on the same headline number are not equal once holiday, sick pay and pension are weighed.
- Every figure here is gross, so income tax and National Insurance still come off before the money lands.
Tips
- Quoting a freelance day rate, divide your target annual figure by the days you can realistically bill, not all 260 weekdays.
- When comparing a salaried job with contract work, add a margin to the contract rate for the holiday and pension a salary includes.
- Set paid weeks below 52 if any of your time off is unpaid, so the rate reflects what you actually earn.
- Keep overtime separate from your base hours, since it usually pays a higher multiple and would distort the standard rate.
Annual pay at 40 hours a week, 52 paid weeks
| Hourly rate | Per week | Per month | Per year |
|---|---|---|---|
| 15 | 600 | 2,600 | 31,200 |
| 20 | 800 | 3,467 | 41,600 |
| 25 | 1,000 | 4,333 | 52,000 |
| 30 | 1,200 | 5,200 | 62,400 |
Frequently asked questions
What number of paid weeks should I use?+
Use 52 if your holiday is paid, which is standard for salaried roles. If some time off is unpaid, lower the figure to the weeks you are genuinely paid so the rate reflects reality.
Is this my take-home pay?+
No. Every figure here is gross, before income tax and other deductions. To see what actually reaches your account, run the number through the salary calculator for your country.
How do I handle paid overtime?+
Convert your base hours and rate first, then add overtime separately, since it is usually paid at a higher multiple. Folding it into the base rate would overstate normal pay.
Does it account for unpaid lunch breaks?+
Only if you exclude them from your weekly hours. Enter paid hours rather than time on site so the rate is not diluted by unpaid breaks.
Last updated: 2026
This is an estimate for general guidance, not financial, tax, legal or medical advice. Figures can change and individual circumstances vary. Always confirm with the official sources listed before making decisions.
- Gross figures before tax; for take-home pay use the salary calculator for your country.
- Assumes the same hours every week, so irregular shift patterns are approximate.
Reviewed by Vikas Dulgunde.