HR & Payroll
Salary to Hourly
Convert annual salary to hourly rate, daily, weekly, and monthly.
Whether you are evaluating a job offer, billing a client, or comparing a salary to a contractor rate, this tool converts between all common pay period formats instantly.
Hourly Rate
$36.73/hr
- daily
- $293.88/day
- weekly
- $1385/week
- monthly
- $6000/month
Formula and method
Hourly = Annual Salary / (Hours/Week × Work Weeks)
Work weeks = 52 minus vacation weeks. Divides annual salary by total working hours in the year.
Worked examples
Software developer job offer
- Annual Salary ($):
- 95000
- Hours Per Week:
- 40
- Vacation Weeks per Year:
- 3
Hourly Rate: $48.47/hr
Part-time worker
- Annual Salary ($):
- 35000
- Hours Per Week:
- 25
- Vacation Weeks per Year:
- 2
Hourly Rate: $28.00/hr
Assumptions and limits
- Standard 5-day work week
- No overtime or holiday premium modeled
This tool provides an educational estimate. Rules, rates and personal circumstances can change the answer. Review the assumptions before relying on a result. Report a correction.
Common mistakes to avoid
- Using 2,080 hours (40hr × 52 weeks) without subtracting vacation time.
- Not accounting for paid holidays, which reduce actual working hours and raise the true hourly rate.
- Forgetting benefits have monetary value — a $70K job with full benefits may be worth more than a $75K contract position.
Frequently asked questions
How do I compare a salaried job to a contract hourly rate?
Multiply your hourly contract rate by your annual working hours, then subtract your own benefit costs (health insurance, pension, CPP employer portion). This is your effective salaried equivalent.
What hourly rate matches a $100K salary?
At 40 hours/week with 3 weeks vacation: $100,000 / (40 × 49) = $51.02/hr. As a contractor, you'd need to charge at least 20-30% more to cover taxes and benefits.
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