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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.
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4 min read
Converting between salary and hourly rate helps you compare job offers and understand your true pay. Here’s how to calculate it.
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
2025/26 Rates
| Age Group |
Hourly Rate |
Annual (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 |
For Comparison (2025 Estimates)
| Measure |
Annual |
Hourly (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 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.
Comparing Job Offers
Beyond the Headline Rate
| Factor |
Consider |
| Pension contribution |
3-15% employer contribution |
| Annual bonus |
Variable, not guaranteed |
| Private healthcare |
Worth £1,000+/year |
| Holiday allowance |
More days = more value |
| Working hours |
37.5 vs 40 = big difference |
| Commuting costs |
Not factored in salary |
| Flexible working |
Has value |
Example Comparison
| Factor |
Job A |
Job B |
| Salary |
£35,000 |
£32,000 |
| Pension (employer) |
3% (£1,050) |
10% (£3,200) |
| Bonus |
None |
£2,000 typical |
| Healthcare |
No |
Yes (£1,000 value) |
| Hours/week |
40 |
37.5 |
| 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
| Shortcut |
Formula |
| Salary to hourly |
Divide salary by 2,000 |
| Hourly to salary |
Multiply rate by 2,000 |
| Daily rate |
Hourly × 7.5 |
| Weekly |
Daily × 5 |
Examples
| Question |
Quick Calculation |
Answer |
| £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
| Conversion |
Formula |
| Salary → Hourly |
Salary ÷ 1,950 (37.5hr) or ÷ 2,080 (40hr) |
| Hourly → Salary |
Rate × 1,950 or × 2,080 |
| Hourly → Daily |
Rate × hours/day |
| Daily → Annual |
Day rate × 260 working days |
| UK Benchmarks 2025 |
Hourly |
Annual |
| National Living Wage |
£12.21 |
£23,810 |
| UK Median |
~£14.87 |
~£29,000 |
| Good salary |
£20+ |
£40,000+ |
| High income |
£40+ |
£80,000+ |