Hourly to Salary Calculator
Convert your hourly wage into an equivalent yearly salary.
What is Hourly to Salary Calculator?
Comparing hourly contract rates to salaried job offers is surprisingly tricky when benefits, vacation time, and taxes enter the picture. This calculator converts your hourly rate into an annual equivalent so you can make direct, apples-to-apples comparisons between compensation packages.
How to Use This Tool
1. Enter your hourly pay rate. 2. Input the number of hours you work per week. 3. Enter the number of weeks you work per year (52 for full-year, less for contractors). 4. Calculate your equivalent annual salary.
💡 Pro Tip: As a freelancer, your hourly rate needs to be significantly higher than an equivalent salaried role to account for self-employment tax, unpaid time between projects, and benefits you fund yourself. Use this calculator to find the minimum rate you should accept!