Money & Budgeting
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.
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+ |
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