How to Use the Salary to Hourly Rate Calculator

Choose Salary → Hourly if you know your annual salary. Enter the salary, number of hours worked per week and number of paid weeks per year.

The calculator converts the annual amount into:

• Monthly pay;
• Fortnightly pay;
• Weekly pay;
• Daily pay; and
• Hourly pay.

You can also choose Hourly → Salary to estimate an annual salary from an hourly rate.

How Do You Convert Salary to Hourly Rate?

The basic formula is:

For example, someone earning $100,000 per year and working 38 hours per week for 52 paid weeks has:

How Do You Convert Hourly Rate to Annual Salary?

To estimate annual salary from an hourly rate:

For example, an employee earning $40 per hour and working 38 hours per week for 52 paid weeks would have an annual equivalent of:

$40 × 38 × 52 = $79,040

Should I Use 52 Weeks?

For a salaried employee who receives paid annual leave and public holiday entitlements as part of normal employment, using 52 paid weeks is often appropriate for a simple annual-to-hourly conversion.

However, a contractor, casual worker or person with unpaid leave may prefer to use fewer paid working weeks.

What Is the Standard Full-Time Working Week in Australia?

Many full-time Australian employees work around 38 ordinary hours per week, although actual ordinary hours can depend on an award, enterprise agreement, employment contract or workplace arrangement.

For this reason, the calculator lets you enter your actual weekly hours instead of assuming one figure for every worker.

Salary vs Hourly Wage

A salary is normally quoted as a fixed annual amount, while an hourly wage is based on the number of hours worked.

An hourly equivalent can help when comparing:

• Salaried and hourly jobs;
• Permanent and contract roles;
• Part-time and full-time employment;
• Different weekly-hour arrangements; or
• Job offers with different annual salaries.

Does This Calculator Include Tax?

No. The calculator converts gross pay before income tax.

If you want to estimate Australian income tax and take-home pay, use the PAYG Income Tax Calculator Australia.

Does Salary Include Superannuation?

It depends on how the remuneration package is quoted.

Some employers quote a salary plus super, while others quote a total remuneration package including super. These are not the same.

The optional super field in this calculator treats employer superannuation as an amount in addition to the salary entered.

Monthly Salary Calculation

A simple monthly salary equivalent is:

This is an annualised monthly equivalent. Actual payroll periods and calendar dates can cause individual payslips to differ.

Fortnightly Salary Calculation

A simple annualised fortnightly equivalent is:

There are approximately 26 fortnightly periods in a 52-week year.

Weekly Salary Calculation

A simple weekly salary equivalent is:

If you enter 52 paid weeks, the calculator divides the annual salary by 52.

Daily Salary Calculation

Daily pay is estimated by dividing weekly pay by the number of working days per week you enter.

Gross Pay vs Take-Home Pay

The amounts shown here are gross equivalents before deductions such as:

• PAYG income tax;
• Medicare levy;
• HELP or other study-loan repayments;
• Salary sacrifice;
• Employee benefit deductions; or
• Other payroll adjustments.

Salary Conversion Assumptions

This calculator assumes:

• The entered annual salary is gross salary before tax;
• The weekly hours entered represent paid working hours;
• The entered number of weeks represents paid weeks;
• Monthly figures are calculated using 12 months per year;
• Fortnightly figures use 26 periods per year;
• Daily pay uses the selected number of working days;
• No overtime or penalty rates are included;
• No bonuses or commissions are included unless already reflected in salary;
• No tax is deducted; and
• Super is shown separately where selected.

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