How to use the salary calculator
Enter a pay figure and say what period it covers. The calculator converts it to every other period using your working pattern. The defaults are a 40-hour, 5-day week for 52 weeks a year.
If you are a freelancer or you take unpaid leave, lower the weeks per year to the number you are actually paid for. All figures are before tax and other deductions.
The formula
- Yearly pay from an hourly rate:
rate × hours per week × weeks per year - Monthly pay:
yearly pay ÷ 12 - Hourly rate from a salary:
yearly pay ÷ (hours per week × weeks per year)
Worked example
At 25 an hour for 40 hours a week and 52 weeks a year, yearly pay is 25 × 40 × 52 = 52,000. That is 4,333.33 a month and 1,000 a week.
Results are estimates for planning. They are not financial advice, and a lender’s own figures may differ because of fees and rounding.
Common questions
How many working hours are there in a year?
A 40-hour week for 52 weeks is 2,080 hours. A quick shortcut: double the hourly rate and add three zeros to get the yearly salary.
Does this show take-home pay?
No. Tax and other deductions depend on your country and circumstances, so these are gross amounts.
Why is a month not exactly four weeks?
A year has 52 weeks and 12 months, so a month averages 4.33 weeks. That is why monthly pay is more than four times weekly pay.