Salary → Hourly Calculator
Convert your annual salary to an hourly rate. Essential for contract negotiations, freelance pricing, and comparing compensation packages.
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How it works
- Standard calculation: Annual salary ÷ 2,080 hours (40 hours/week × 52 weeks)
- Part-time calculation: Annual salary ÷ (hours per week × 52 weeks)
- Contract work: Consider additional costs like benefits, taxes, and business expenses
- Freelance pricing: Add 25-50% markup to cover overhead and profit margin
FAQ
How do you convert salary to hourly rate?
Divide annual salary by 2,080 hours (40 hours/week × 52 weeks). For example: $60,000 ÷ 2,080 = $28.85/hour.
What's the difference between salary and hourly pay?
Salary is fixed annual compensation regardless of hours worked. Hourly pay varies based on actual hours worked and may include overtime.
Should I include benefits in salary calculations?
For accurate comparisons, consider total compensation including health insurance, retirement contributions, and other benefits.
How do part-time hours affect the calculation?
For part-time work, divide annual salary by actual hours worked per year. A $30,000 salary at 20 hours/week = $30,000 ÷ 1,040 = $28.85/hour.
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Important Note
This calculator provides estimates based on standard 2,080 work hours per year. Actual hourly rates may vary based on benefits, overtime policies, and specific employment terms. Always consult with HR or your employer for precise calculations.