Hourly to Salary Converter UK 2026/27 — Annual Pay, Take-Home and NMW Guide

Salary to Hourly Rate Calculator — Convert Your Pay

How to convert annual salary to hourly rate and vice versa. Formulas, examples, and things to consider when comparing job offers in the UK.

Salary and income data is based on ONS and other official UK statistical sources. Figures are averages and may not reflect your individual circumstances.

Converting between salary and hourly rate helps you compare job offers and understand your true pay. Here’s how to calculate it.

The Basic Formulas

Salary to Hourly

Hourly Rate = Annual Salary ÷ Working Hours Per Year

Hourly to Salary

Annual Salary = Hourly Rate × Working Hours Per Year

Standard Working Hours (UK)

Full-Time Hours Per Week

Common ContractHours/Week
Standard full-time37.5
Full-time (some sectors)40
Part-timeVaries
Compressed hoursSame total, fewer days

Working Hours Per Year

ContractCalculationAnnual Hours
37.5 hrs/week37.5 × 521,950
40 hrs/week40 × 522,080
35 hrs/week35 × 521,820

Note: These are gross figures before deducting holiday.

Adjusting for Paid Holiday

UK MinimumDetails
28 daysIncluding bank holidays
208 hoursFor 37.5-hour week
Net working hours1,950 - 208 = 1,742

Most salary calculations use the gross figure (1,950 for 37.5-hour week) as you’re paid for holidays too.

Salary to Hourly Conversion Table

Based on 37.5-Hour Week (1,950 hours/year)

Annual SalaryHourly RateDaily Rate
£15,000£7.69£57.69
£18,000£9.23£69.23
£20,000£10.26£76.92
£22,000£11.28£84.62
£25,000£12.82£96.15
£28,000£14.36£107.69
£30,000£15.38£115.38
£32,000£16.41£123.08
£35,000£17.95£134.62
£38,000£19.49£146.15
£40,000£20.51£153.85
£45,000£23.08£173.08
£50,000£25.64£192.31
£55,000£28.21£211.54
£60,000£30.77£230.77
£70,000£35.90£269.23
£80,000£41.03£307.69
£100,000£51.28£384.62

Based on 40-Hour Week (2,080 hours/year)

Annual SalaryHourly RateDaily Rate
£20,000£9.62£76.92
£25,000£12.02£96.15
£30,000£14.42£115.38
£35,000£16.83£134.62
£40,000£19.23£153.85
£50,000£24.04£192.31
£60,000£28.85£230.77

Hourly to Salary Conversion Table

Based on 37.5-Hour Week (1,950 hours/year)

Hourly RateAnnual SalaryMonthly Gross
£10.00£19,500£1,625
£11.00£21,450£1,788
£12.00£23,400£1,950
£13.00£25,350£2,113
£14.00£27,300£2,275
£15.00£29,250£2,438
£16.00£31,200£2,600
£17.00£33,150£2,763
£18.00£35,100£2,925
£19.00£37,050£3,088
£20.00£39,000£3,250
£22.00£42,900£3,575
£25.00£48,750£4,063
£30.00£58,500£4,875
£35.00£68,250£5,688
£40.00£78,000£6,500
£50.00£97,500£8,125

National Living Wage Comparison

2025/26 Rates

Age GroupHourly RateAnnual (37.5 hrs)
21 and over£12.21£23,810
18-20£10.00£19,500
Under 18£7.55£14,723
Apprentice£7.55£14,723

UK Median and Average Salaries

For Comparison (2025 Estimates)

MeasureAnnualHourly (37.5hrs)
UK median~£29,000~£14.87
UK mean (average)~£35,000~£17.95
London median~£40,000~£20.51
Top 10%£60,000+£30.77+
Top 1%£150,000+£76.92+

Working Time Variations

Part-Time Calculations

Weekly HoursAnnual Hours£30,000 Equiv. Rate
16832£36.06
201,040£28.85
251,300£23.08
301,560£19.23
37.5 (FT)1,950£15.38

What Part-Time Pay Looks Like

Hourly Rate16 hrs/week25 hrs/week
£12£9,984£15,600
£15£12,480£19,500
£18£14,976£23,400
£20£16,640£26,000

Agency and Contractor Rates

Loading Considerations

FactorWhat It Covers
No paid holidayAdd ~12%
No sick payRisk allowance
No pensionSelf-fund retirement
No benefitsHealth insurance, etc.
Admin costsInvoicing, accounting
Typical uplift30-50% on equivalent hourly

Equivalent Comparison

Salary (Employed)Equiv. Day Rate (Contractor)
£30,000£200-£250
£40,000£275-£325
£50,000£340-£400
£60,000£400-£475
£80,000£525-£625

*Contractor day rates need to cover holiday, pension, benefits, gaps between contracts.

Comparing Job Offers

Beyond the Headline Rate

FactorConsider
Pension contribution3-15% employer contribution
Annual bonusVariable, not guaranteed
Private healthcareWorth £1,000+/year
Holiday allowanceMore days = more value
Working hours37.5 vs 40 = big difference
Commuting costsNot factored in salary
Flexible workingHas value

Example Comparison

FactorJob AJob B
Salary£35,000£32,000
Pension (employer)3% (£1,050)10% (£3,200)
BonusNone£2,000 typical
HealthcareNoYes (£1,000 value)
Hours/week4037.5
Hourly rate£16.83£17.07
Total package~£36,050~£38,200

Job B looks lower but is actually worth more.

Quick Calculation Methods

Rough Mental Maths

ShortcutFormula
Salary to hourlyDivide salary by 2,000
Hourly to salaryMultiply rate by 2,000
Daily rateHourly × 7.5
WeeklyDaily × 5

Examples

QuestionQuick CalculationAnswer
£50,000 hourly£50,000 ÷ 2,000~£25/hr
£20/hr annual£20 × 2,000~£40,000
£25/hr daily£25 × 7.5~£188/day

Summary Tables

ConversionFormula
Salary → HourlySalary ÷ 1,950 (37.5hr) or ÷ 2,080 (40hr)
Hourly → SalaryRate × 1,950 or × 2,080
Hourly → DailyRate × hours/day
Daily → AnnualDay rate × 260 working days
UK Benchmarks 2025HourlyAnnual
National Living Wage£12.21£23,810
UK Median~£14.87~£29,000
Good salary£20+£40,000+
High income£40+£80,000+

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Sources

  1. MoneyHelper — Everyday money