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Whether you're a freelancer benchmarking your rate against employee salaries, an employer pricing a contract position, or just curious what your annual salary breaks down to per hour, this calculator handles the conversion instantly with no sign-up.
The calculation is straightforward for gross rates: Hourly = Annual Salary ÷ (Weeks per Year × Hours per Week)
The default assumes 52 weeks/year and 40 hours/week. The calculator also allows you to adjust both variables — useful for: - Part-time workers (e.g., 20 hours/week) - Workers with more or less than 52 paid weeks (e.g., accounting for unpaid leave) - Employees with paid time off included in their salary
Pre-tax vs. after-tax hourly rate
The calculator offers an estimated after-tax hourly rate for common US federal income tax brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%). Note: this is a simplified estimate that does not account for state income taxes, deductions, or filing status. Use it for ballpark comparisons only, not tax planning.
Frequently asked questions
How do I convert an hourly rate back to annual salary? Annual = Hourly × Hours per Week × Weeks per Year. For a standard 40h/52w setup: Hourly × 2,080 = Annual.
My contract says $X/day — how does that convert? Divide by your daily hours to get the hourly rate, then multiply by your weekly hours and weeks/year to get annual. For an 8-hour day: Daily rate × (260 working days) = Annual.
Why do freelancers charge 2–3× the equivalent employee hourly rate? Because the employer portion of payroll taxes, benefits, equipment, management overhead, and income gap risk are all borne by the freelancer rather than the company. See the Freelance Rate Calculator for the full breakdown.