Salary and income data is based on ONS and other official UK statistical sources. Figures are averages and may not reflect your individual circumstances.
Contents
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 Contract
Hours/Week
Standard full-time
37.5
Full-time (some sectors)
40
Part-time
Varies
Compressed hours
Same total, fewer days
Working Hours Per Year
Contract
Calculation
Annual Hours
37.5 hrs/week
37.5 × 52
1,950
40 hrs/week
40 × 52
2,080
35 hrs/week
35 × 52
1,820
Note: These are gross figures before deducting holiday.
Adjusting for Paid Holiday
UK Minimum
Details
28 days
Including bank holidays
208 hours
For 37.5-hour week
Net working hours
1,950 - 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 Salary
Hourly Rate
Daily 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 Salary
Hourly Rate
Daily 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 Rate
Annual Salary
Monthly 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
Rates from April 2026
Age Group
Hourly Rate
Annual (37.5 hrs)
21 and over (NLW)
£12.71
£24,785
18-20
£10.85
£21,158
Under 18
£8.00
£15,600
Apprentice
£8.00
£15,600
UK Median and Average Salaries
For Comparison
Measure
Annual
Hourly (37.5hrs)
UK median (full-time, ONS ASHE April 2025)
£39,039
£20.02
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+*
*Figures marked with an asterisk are approximate estimates that have not been independently re-verified this session — confirm current ONS ASHE figures before relying on them. The UK median full-time figure above is sourced to the ONS Annual Survey of Hours and Earnings, April 2025 release.
Working Time Variations
Part-Time Calculations
Weekly Hours
Annual Hours
£30,000 Equiv. Rate
16
832
£36.06
20
1,040
£28.85
25
1,300
£23.08
30
1,560
£19.23
37.5 (FT)
1,950
£15.38
What Part-Time Pay Looks Like
Hourly Rate
16 hrs/week
25 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
Factor
What It Covers
No paid holiday
Add ~12%
No sick pay
Risk allowance
No pension
Self-fund retirement
No benefits
Health insurance, etc.
Admin costs
Invoicing, accounting
Typical uplift
30-50% 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.