Personal Finance

Hourly to Salary Calculator

Multiply hourly rate by weekly hours and working weeks.

Annual salary
Weekly pay—
Monthly equivalent—
At 40 hours / 52 weeks—
Not a payroll calculation.

Hourly rate as a yearly salary

Hourly pay annualises by multiplying rate by hours per week and weeks worked. Useful when comparing an hourly role with a salaried posting, or when overtime discussions quote an hourly figure. Remember holiday entitlement and unpaid weeks if you are back-solving a contractor-style year — 52 weeks of pay is not the same as 52 weeks of billable work. Related: salary to hourly and part-time salary. Sense-check lifestyle cost with effective hourly wage when unpaid extras appear. Overtime multipliers live on overtime pay. Not a substitute for a contract or tax advice. Apprenticeship and training rates may step up over time — annualise each stage separately rather than inventing one blended fantasy. Night and weekend premiums belong in a weighted hourly rate if they are contractual. Always read whether holiday pay is rolled into the hourly figure or paid on top before you compare to a salaried peer.

Worked example

£14.50 per hour × 37.5 hours × 52 weeks ≈ £28,275 gross annual equivalent. If the role only guarantees 30 hours on average, annualise at 30 × 52 instead or you will overstate income. A salaried peer at £30,000 for 37.5 hours is a different package once holiday and pension are valued.

Limits and assumptions

Ignores shift premiums, London weighting and salary sacrifice unless you adjust the rate. Zero-hours variability needs a realistic average, not the theoretical maximum. Not National Minimum Wage legal advice.

Frequently asked questions

How many weeks should I use?

52 is common for salaried comparisons; some people use working weeks only when modelling unpaid time off.

Does this include overtime?

Only if you raise the hours or blend an overtime-enhanced rate. Plain contractual hours give the base salary equivalent.

How do zero-hours contracts compare?

Annualise using realistic average hours, not the theoretical maximum, or you will overstate income.

Should I use gross or take-home hourly?

Gross hourly annualises to gross salary. For budgeting, convert take-home separately.

What about term-time only roles?

Multiply by the weeks you are actually paid, not 52, unless holiday pay is already rolled in as instructed by the employer.

Related tools