$
hrs
days
days
days
Hourly Rate
—
per hour worked
Daily Rate
—
per day
Weekly
—
per week
Annual Salary
—
gross per year
Full Breakdown
| Period | Hours | Amount |
|---|
Your Working Year
| Item | Days |
|---|
💡 Freelancer tip: If you're transitioning from employment to freelancing, your freelance rate should be 1.5–2× your equivalent employee hourly rate — to account for self-employment taxes, benefits you lose, and time spent on non-billable work.
Use our Freelance Rate Calculator → to find your actual minimum rate.
Use our Freelance Rate Calculator → to find your actual minimum rate.
How to convert annual salary to hourly pay
To convert a salary to an hourly rate, divide it by the hours you work in a year. A standard full-time year is 2,080 hours (40 hours x 52 weeks); to account for unpaid time off, use fewer weeks.
Formula
Hourly rate = Annual salary / (Hours per week x Weeks per year) Standard: Annual salary / 2,080 Monthly pay = Annual salary / 12
Example
$75,000 per year / 2,080 hours = about $36.06 per hour, $6,250 per month, or $1,442 per week.
Frequently asked questions
How many working hours are in a year?
2,080 for a standard 40-hour week over 52 weeks. After holidays and vacation, most people actually work 1,900-2,000 hours.
How much is $30 an hour per year?
About $62,400 per year at 2,080 hours, before taxes.
How do I compare a salary with a freelance rate?
Freelancers need a much higher hourly rate than the salary equivalent to cover unpaid hours, self-employment tax, benefits and expenses, often 1.5-2 times the salaried hourly rate.