In plain text
Hourly = (S) ÷ (h × w) Weekly = (S) ÷ (w)
Why convert a salary to an hourly rate?
A yearly salary is easy to quote, but it can be hard to compare with an hourly job, a contract, or overtime. Converting the salary to an hourly rate puts both on the same footing. It also shows what each hour of unpaid extra work is really worth.
How do I use it?
Enter your annual salary before tax. Then enter the hours you normally work each week, the days you work, and the number of weeks you are paid in a year. Most full-time jobs are paid for every week of the year, so the paid weeks are often the full calendar year. Enter fewer weeks if you are unpaid for part of the year.
How does the calculation work?
The pay per week is the salary divided by the paid weeks. The pay per hour is the salary divided by the hours worked in the paid weeks, so it equals the weekly pay divided by the hours per week. The pay per day is the weekly pay divided by the days worked. The biweekly pay is the weekly figure multiplied by the weeks in a biweekly period, and the monthly pay is the salary divided by the months in a year.
Each figure comes from the same salary, so the results always agree with one another.
What can the result not tell me?
The calculator uses your base salary only. Overtime, bonuses, commissions, shift premiums, and benefits are not included. Taxes and other deductions are also left out, so the figures are gross pay, before anything is taken from your check.
If your hours change from week to week, the hourly rate will vary. Use the average hours you work over a typical period.
Why does the paid-weeks setting matter?
Some jobs pay the salary over fewer weeks, or pay for unpaid leave differently. Entering fewer paid weeks raises the rate per paid week and per hour, because the same salary is spread over less work time. The setting makes that effect visible rather than hiding it in the hourly figure.
How do I compare an hourly offer with a salary?
Convert the salary with this calculator, then compare the result with the hourly rate on the other offer. Check the hours each offer expects you to work, since a salary that looks higher may cover more hours. Compare total pay after benefits and taxes before you decide.
