JustResearching / Tools / Money & Pay / Salary Converter

Salary Converter

Enter any pay figure and see it broken down hourly, daily, weekly, and annually.

$
116
17
Per hour$36.06
Per day$288.46
Per week$1,442.31
Per year$75,000.00
Case study

They've offered me $75,000 a year. I always think in hourly money, so what's that by the hour?

Let me work it out. I work 8 hours a day, 5 days a week, so that's 40 hours a week. And there are 52 weeks in a year.

So that's $36.06 an hour, $288 a day, $1,442 a week and $75,000 a year.

What if I did 4 days a week for the same money? That would be $45.07 an hour.

Seeing it by the hour makes it much easier to compare with other offers.

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Job adverts, contracts and freelance quotes all give pay in different ways: a yearly salary, a monthly figure, a day rate or an hourly rate. Enter any one of them and see all the others, so you can compare offers on the same footing.

Salary by year, month, week and hour

Per yearPer monthPer weekPer hour
25,0002,08348112.02
30,0002,50057714.42
40,0003,33376919.23
50,0004,16796224.04
60,0005,0001,15428.85
75,0006,2501,44236.06
100,0008,3331,92348.08
125,00010,4172,40460.10
150,00012,5002,88572.12

Based on a 40-hour week and 52 weeks a year, before tax. Works in any currency.

Common mistakes

  • Comparing a salary and an hourly rate without turning them into the same unit.
  • Ignoring unpaid hours. A job that expects 45 hours a week for the same salary pays a lower rate per hour.
  • Leaving out holiday, pension and other benefits when you compare two offers.
  • Comparing one job before tax with another after tax.

Questions

Does this account for tax?

No. These are all gross (pre-tax) figures. Tax treatment varies significantly by country, state, and individual circumstances, so we leave that part to you.

What does "per day" mean if I work part time?

The daily rate uses your hours-per-day setting. If you work 6 hours a day, the daily rate is your hourly rate multiplied by 6.

Why does the tool default to $75,000?

It's a round number close to the median full-time salary in the US. Just change it to whatever you're working with.

How is the hourly rate worked out?

Your yearly pay is divided by 52 weeks, then by the hours you work in a week. Change the hours and the hourly figure changes with it.

Why is a month not just four weeks?

A month is a little over four weeks on average, so a year of 12 months is 52 weeks, not 48. That is why the monthly figure is a twelfth of the year.