Hourly to Salary Calculator
Convert between hourly rate and annual salary. Enter your hourly rate or annual salary and working hours to see all equivalent rates.
How Hourly to Salary Calculator works
Hourly rate to annual salary
Annual Salary = Hourly Rate × Hours per Week × Weeks per Year. The default assumes 37.5 hours per week and 52 weeks per year (full year, no unpaid leave). Adjust weeks if you take unpaid leave or work part of the year.
Annual salary to hourly rate
Hourly Rate = Annual Salary ÷ (Hours per Week × Weeks per Year). This is the gross hourly rate before tax and National Insurance. For a net (take-home) hourly rate, use the Take-Home Pay Calculator.
Full-time equivalent (FTE)
A standard full-time working year in the UK is typically 1,820–1,950 hours (35–37.5 hours × 52 weeks). After deducting 28 days statutory holiday (5.6 weeks), the effective weeks worked is around 46.4, giving 1,740 hours for a 37.5-hour week.
National Minimum Wage
From April 2025, the National Living Wage is £12.21/hour for workers aged 21+. At 37.5 hours per week, this equates to an annual salary of approximately £23,810. The National Minimum Wage for 18–20 year olds is £10.00/hour.
Frequently asked questions
What is £15 an hour annually?
£15 per hour × 37.5 hours × 52 weeks = £29,250 per year gross. Monthly gross is £2,437.50.
What is £35,000 a year hourly?
£35,000 ÷ (37.5 hours × 52 weeks) = £17.95 per hour gross. This is the gross rate — your take-home hourly rate will be lower after income tax and NI.
Does this include holiday pay?
The default calculation assumes you work 52 weeks — it includes holiday pay as part of the annual salary. If you want to calculate for weeks actually worked (e.g., 46.4 weeks after 5.6 weeks holiday), change the weeks per year field.
How do I calculate my day rate as a contractor?
Daily rate = Hourly Rate × Hours per Day. A common contractor day rate for a £500/day contract: £500 ÷ 8 hours = £62.50/hour. Use the Contractor vs Permanent calculator to compare contract vs employed income after tax.
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