Instantly convert your annual salary into an equivalent hourly wage, daily rate, and monthly income.
Work Details
Standard is 52. Lower this to reflect unpaid time off.
Your Hourly Wage
$0.00/hr
Daily
$0.00
Weekly
$0.00
Monthly
$0.00
Before taxes and deductions (Gross Pay)
Last updated: July 2026
Understanding Your True Hourly Rate
When evaluating a job offer or comparing a salaried position to freelance or hourly work, looking at the annual salary doesn't tell the whole story. Your actual hourly rate is heavily influenced by how many hours you are expected to work per week and how much paid time off you receive.
How to Use This Tool
Enter your annual salary and adjust the standard working hours and paid time off to match your situation. The calculator will instantly break down your income into hourly, daily, weekly, and monthly rates, giving you a clear picture of your actual earning power.
Worked Example
Using the calculator's default numbers — a $60,000 salary, 40 hours per week, 52 weeks per year:
Total annual hours = 40 × 52 = 2,080 hours
Hourly = $60,000 ÷ 2,080 = $28.85/hr
Daily (8-hour day) = $28.85 × 8 = $230.77/day
Weekly = $60,000 ÷ 52 = $1,153.85/week
Monthly = $60,000 ÷ 12 = $5,000.00/month
Frequently Asked Questions
To find your hourly rate, divide your annual salary by the total number of hours you work in a year. A standard full-time year is 2,080 hours (40 hours/week x 52 weeks).
Paid time off doesn't change your annual salary, but it effectively increases your true hourly rate because you are being paid the same total amount for fewer hours actually worked.
Lower the 'Weeks Per Year' field to the number of weeks you actually work, not the number of weeks you get paid for. For example, if you get 2 weeks of paid vacation, enter 50 instead of 52 — you're still paid for 52 weeks, but only working 50, which raises your true hourly rate.
There are typically 260 working days in a standard year (52 weeks x 5 days), assuming a Monday through Friday schedule without accounting for holidays.
All figures shown are gross pay — before federal, state, and FICA taxes and any other deductions. Your actual take-home hourly rate will be lower.
The daily rate assumes an 8-hour workday. It's calculated as your weekly rate divided by (hours per week ÷ 8), which is mathematically the same as your hourly rate multiplied by 8, regardless of how many hours per week you enter.
Because most months have more than 4 weeks (an average month is about 4.33 weeks), multiplying weekly pay by 4 would understate your monthly income. This calculator divides your annual salary by 12 instead, which is the standard way monthly salary is quoted.