Salary Converter (hourly, daily, weekly, monthly, annual)
Type a salary amount and pick its period (hourly/daily/weekly/monthly/annual). All other periods update instantly. Assumes a 40-hour week / 2080-hour year.
How it works
How the conversion works
All conversions pivot through hourly. We use the US-standard 2080 working hours per year (40 hours × 52 weeks), 173.33 hours per month (2080 / 12), 40 per week, 8 per day. Whatever period you input, we convert it to hourly first, then derive all the others.
These factors aren't universal — many countries use different week lengths (35 hours in France, ~37.5 in some EU countries) or holiday allowances that reduce paid hours. For a 35-hour week, multiply our annual numbers by 35/40 = 0.875 to adjust.
Why hourly-to-annual matters
When evaluating a contractor or freelance rate, the 'annual equivalent' is the most useful comparison to a salaried role. A $50/hour contractor invoicing 30 productive hours per week (1500 hours/year, accounting for vacation, sick days, business development) earns about $75,000 — comparable to a $75k salary, but without benefits, paid time off, or employer 401(k) match.
Rule of thumb: a contractor needs to charge 1.3x to 1.5x the equivalent salaried hourly to break even on benefits, taxes, and unpaid time. So a $100k salaried role ≈ $48/hour W-2 ≈ $65/hour 1099 contractor.
What this calculator doesn't include
Taxes: figures are gross (pre-tax). Tax burden varies by jurisdiction, filing status, and deductions. For US take-home, expect ~25-35% reduction depending on bracket and state.
Benefits: health insurance, 401(k)/retirement match, paid time off, equity. These can add 20-40% to the value of a salaried role over the headline number.
Unpaid time: salaried employees often work more than 40 hours/week without additional pay. Hourly workers typically get overtime above 40 hours. Use 40-50 hour-equivalent for fair salaried-vs-hourly comparison.
Frequently asked questions
›Why 2080 hours per year?
It's the US standard: 40 hours × 52 weeks. Some calculations use 2087 (40 × 52.18, accounting for the extra 0.18 days per year on average) but 2080 is more common.
›Does this account for taxes?
No, all figures are gross (pre-tax). Tax burden depends on your country, state, filing status, and deductions.
›What about overtime?
Not included. US hourly workers typically get 1.5x overtime above 40 hours/week. Multiply hours over 40 by your overtime rate manually.
›Are benefits included?
No. Salaried roles typically include benefits worth 20-40% of base salary. Compare total compensation, not just the headline number.
›Why is my annual number different from my paycheck?
Bonuses, employer benefits, employer 401(k) match, deductions, and tax withholdings all affect what hits your bank account. Compare gross pay or total compensation, not net deposit.
›How should contractors price?
Multiply the equivalent salaried hourly rate by 1.3x-1.5x to cover benefits, taxes, and unpaid time. A $100k salary ≈ $65-72/hour as a 1099 contractor.
›What about part-time work?
Adjust hourly first, then use the calculator. Or scale the annual number by your fraction of full-time (e.g., 30 hours/week = 0.75x annual).
›Does the data leave my browser?
No. Conversion runs locally.
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