Salary & Hourly Rate Converter

Method

Use 52 weeks for contractual annual pay: hourly×weekly hours×52, daily×weekly days×52, or monthly×12. Actual days=52×weekly days−paid leave; effective hourly pay=annual/(actual days×hours per day). Paid holidays do not reduce contractual annual salary. Enter leave only on scheduled workdays. Tax, overtime and bonuses are excluded. Contract hourly pay = annual pay/(weekly hours×52). Effective hourly pay uses hours after paid leave; both rates are shown separately.