Salary to Hourly Calculator

Convert your annual salary to hourly wage with precision. Calculate your true hourly rate including benefits, vacation time, and working hours. Perfect for freelancers and job comparisons.

Salary to Hourly Conversion

Enter your annual salary and work schedule to calculate your hourly rate

Work Schedule

1 hour80 hours
1 week52 weeks

Time Off (Optional)

Benefits (Optional)

Key Features

Accurate salary to hourly conversion
Include vacation and sick days
Benefits value calculation
Real-time calculation updates
Effective hourly rate with time off

Salary Calculation Guide

Basic Formula: Annual Salary ÷ (Hours/Week × Weeks/Year)
Effective Rate: Accounts for paid time off
Benefits: Include health insurance, 401k matching
Standard Year: 2,080 hours (40 hrs/week × 52 weeks)

Freelance & Contract Tips

Freelance Rate: Add 25-30% for self-employment taxes
No Benefits: Factor in health insurance costs
Unpaid Time: Account for business development time
Equipment: Include computer, software, office costs
Overhead: Factor in professional development and training
Buffer Rate: Add 10-20% buffer for market fluctuations

Salary to Hourly Reference

$40,000/year:$19.23/hour
$50,000/year:$24.04/hour
$75,000/year:$36.06/hour
$100,000/year:$48.08/hour
$120,000/year:$57.69/hour
$150,000/year:$72.12/hour
*Based on 40 hours/week, 52 weeks/year

Frequently Asked Questions

How do I convert salary to hourly rate?

Divide your annual salary by the total hours you work per year. For example: $75,000 ÷ 2,080 hours = $36.06 per hour.

Should I include vacation time in the calculation?

Yes, if you want your effective hourly rate. This shows what you actually earn per hour worked, excluding paid time off.

What about benefits value?

Benefits typically add 20-30% to your total compensation. Include health insurance, 401k matching, and other perks to get your true hourly value.

How many hours is a standard work year?

A standard full-time year is 2,080 hours (40 hours/week × 52 weeks). This can vary with part-time schedules or different work arrangements.

What if I work overtime regularly?

If you consistently work more than 40 hours per week, adjust the hours per week slider to reflect your actual schedule for a more accurate hourly rate.

How do I use this for freelance pricing?

Add 25-30% to your desired hourly rate to account for self-employment taxes, lack of benefits, and unpaid business time.

What's the difference between base and effective hourly rate?

Base rate is salary divided by total scheduled hours. Effective rate accounts for paid time off, showing your actual earnings per hour worked.

How do I compare job offers with different structures?

Convert all offers to hourly rates including benefits value, then factor in work-life balance, growth potential, and total compensation packages.

Should I include bonuses in my salary calculation?

Only include guaranteed bonuses or average bonus amounts over multiple years. Variable performance bonuses should be calculated separately.

How accurate is this calculator for contract work?

Very accurate for converting salary expectations to hourly rates. Remember to add overhead costs and self-employment taxes for true freelance rates.