Salary to Hourly Calculator
Convert your annual salary to an hourly, daily, weekly, and monthly rate.
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Hourly Rate
£17.95
Based on 1,950 hours per year
How to Convert Salary to Hourly Rate
Converting an annual salary to an hourly rate is useful when comparing job offers, evaluating freelance rates, or understanding the true value of your time. The calculation is straightforward: divide your annual salary by the total number of hours you work per year.
For a standard UK full-time employee working 37.5 hours per week over 52 weeks, the total annual hours are 1,950. A £35,000 salary therefore works out to approximately £17.95 per hour. However, if you work fewer weeks due to holidays, the effective hourly rate is slightly higher.
Freelancers and contractors typically charge a significantly higher hourly rate than their equivalent salaried counterparts. This is because they must account for unpaid holiday, sick leave, employer National Insurance contributions, pension contributions, and periods without work. A common rule of thumb is to multiply the equivalent salaried hourly rate by 1.5 to 2 times.
Frequently Asked Questions
How many working hours are in a year in the UK?
A standard full-time UK employee works 37.5 hours per week × 52 weeks = 1,950 hours per year. Excluding 28 days of statutory holiday, the working year is approximately 1,740 hours.
Should I include holiday pay in the calculation?
This calculator uses your full annual salary including holiday pay, divided by your contracted hours. This gives your true hourly rate including all paid time off.
How do I calculate a day rate from my salary?
Divide your annual salary by the number of working days per year. For a standard 5-day week with 28 days holiday, that is approximately 232 working days.
What is a good hourly rate in the UK?
The UK National Living Wage is £11.44 per hour (2024). The average hourly rate for all employees is around £17–£18. Professional and technical roles typically command £25–£50+ per hour.