Salary to hourly converter for the UK
Annual, monthly, weekly, daily and hourly, side by side.
Changing country switches the currency and resets the inputs to local starting values.
Your numbers
Subtract public holidays and leave for a true rate.
Hourly rate
£20.65
1,840 paid hours per year
- Per month
- £3,167
- Per week
- £826
- Per day
- £165
- five-day week
- Contract equivalent
- £26.85
- +30% for benefits and downtime
Gross figures, before tax and social contributions. UK employees are entitled to at least 28 days of leave including bank holidays, which is why the working-weeks default is below 52. Contractors typically need a premium over the salaried rate to cover benefits, unpaid gaps and their own social charges.
How to read the result
Comparing a salaried offer to contract work needs the same unit on both sides, and the honest hourly figure depends on the hours you actually work.
Set the salary and your real week to see what an hour of your time is priced at.
This page is set to United Kingdom and prints GBP. Starts at £38,000 a year over 46 worked weeks. Every figure is a starting point you should overwrite with your own.
Worked example in GBP
Using the values the form starts with.
Hourly rate
£20.65
- Per month
- £3,167
- Per week
- £826
- Per day
- £165
- Contract equivalent
- £26.85
Questions people ask
- Why 46 weeks and not 52?
- Salaried roles include paid leave and public holidays, so you work fewer weeks than you are paid for. 46 is a reasonable starting point for United Kingdom; using 52 understates your effective hourly rate.
- How big should a contract premium be?
- Between 20% and 50% over the salaried equivalent, depending on how much of the benefits package, pension and idle time you absorb yourself.
Salary to hourly converter in other countries
Same maths, local currency and local starting values.