Tax & Income Calculators
Hourly to Salary Calculator
Turn an hourly rate into an annual salary, accounting for hours worked, weeks per year and any unpaid leave.
Annual equivalent
$58,368
- Monthly
- $4,864.00
- Weekly
- $1,122.46
How this calculator works
Annual = hourly rate × hours per week × paid weeks
- paid weeks
- weeks you are actually paid for, excluding unpaid leave
Example calculation
Illustrative example — not advice
Worked example — the hourly to salary calculator as it loads, using the default figures below.
- 01Enter hourly rate: $32.
- 02Enter hours per week: 38.
- 03Enter paid weeks per year: 48.
- 04Read the annual equivalent from the results panel: $58,368.
Annual equivalent: $58,368. Monthly: $4,864.00. Weekly: $1,122.46.
These figures come straight from the calculator above running on the values listed, so you can retype them and confirm every number yourself. Change any input and the results update immediately. Illustrative only — not a quote, offer or recommendation.
Important considerations
- Contract rates usually exclude paid leave, pension and benefits — reduce the weeks to compare fairly.
- Employer taxes on self-employed work are not included.
Related calculators
- Salary to Hourly CalculatorThe real hourly rate behind a salary.
- Salary CalculatorSalary converted across every pay period.
- Take-Home Pay CalculatorNet pay after tax and deductions.
- Overtime CalculatorWeekly and annual pay including overtime.
- Income Tax CalculatorTax due, marginal rate and effective rate.
- Capital Gains Tax CalculatorTax on a gain at long or short-term rates.
Terms used here
Frequently asked questions
How do I compare a contract rate with a salary?
Deduct unpaid leave, pension contributions and benefits from the contract figure before comparing.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01