The working behind the answer
How to use this calculator
Choose the rate you know and enter your actual working schedule. Decimal hours allow partial days. Working weeks should reflect the weeks you want included, rather than silently assuming every week of the year is worked.
The formula
Start from an hourly rate
Day rate = hourly rate × hours per day; annual = day rate × days per week × working weeks
Start from a day rate
Hourly rate = day rate ÷ hours per day; annual = day rate × days per week × working weeks
A worked example
At £45 per hour for 7.5 hours a day, the equivalent day rate is £337.50. Five days a week for 46 working weeks gives a gross annual amount of £77,625.
Good to know
These are gross arithmetic equivalents, not salary recommendations. No taxes, benefits, unpaid administration, sickness or expenses are deducted. The comparison assumes all entered working time is paid or billable at the stated rate.
Common questions
Why ask for working weeks?
Leave and non-working periods change the annual total, so the tool uses your explicit assumption.
Does day rate include an overtime allowance?
No. It is simply the entered hourly rate multiplied by the entered hours per day.