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Career

Salary to Hourly Calculator

Convert your annual salary into an hourly wage, and see daily, weekly, and monthly breakdowns.

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Standard full-time is 40 hours
Usually 52 weeks

How to Compare Job Offers With Different Pay Structures

When comparing a salaried position to an hourly contract role, or evaluating a freelance rate against a full-time offer, you need a common unit. Converting everything to an hourly rate or annual equivalent lets you make apples-to-apples comparisons โ€” but don't forget to factor in benefits.

The Hidden Value of Employee Benefits

A salaried position at $70,000 often includes health insurance worth $6,000โ€“$12,000/year, a 401(k) match worth $2,000โ€“$4,000, paid time off (2 weeks = 4% of salary), and other perks. A freelance contract at $50/hour might seem higher, but working 2,000 hours/year is $100,000 โ€” before self-employment taxes (15.3%) and the cost of your own benefits.

Standard Work Hours Reference

Frequently Asked Questions

How is the hourly rate calculated from annual salary?

Divide the annual salary by 2,080 (standard full-time hours: 40 hours ร— 52 weeks). A $52,000 salary equals $25/hour. For part-time or non-standard schedules, adjust the hours accordingly.

What hourly rate should I charge as a freelancer?

A common rule: take your desired annual salary, add 30% for taxes and benefits, divide by 1,000 billable hours (since freelancers rarely bill 2,000 hours โ€” accounting for finding clients, admin, and downtime). For a $70,000 equivalent: ($70,000 ร— 1.30) รท 1,000 = $91/hour minimum.

Does overtime affect the hourly equivalent?

Yes. If a $60,000 salaried position routinely requires 50 hours/week instead of 40, your effective hourly rate drops from $28.85 to $23.08. Always factor in realistic hours worked, not just the standard 40, when evaluating a salaried offer.