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Hourly ↔ Salary Converter

Enter an hourly rate to instantly see the equivalent daily, weekly, monthly and annual pay — or flip the direction and convert an annual salary back into an hourly rate. Hours per week and weeks worked per year are fully customisable, so the same tool works for full-time staff, part-timers, freelancers and contractors.

Convert

Conversion

Hourly

Annual

Monthly

Weekly

Daily

Assumes a 5-day work week

Hours per year

Monthly = annual ÷ 12. Daily assumes a 5-day work week. Customise hours and weeks for part-time, freelance or salaried jobs.

Formula

Annual = hourly × hours per week × weeks per year Monthly = annual ÷ 12 Weekly = hourly × hours per week Daily = hourly × (hours per week ÷ 5) Reverse: Hourly = annual ÷ (hours per week × weeks per year)

Frequently asked

How much is $100/hour, 40 hours a week, per year?

$100 × 40 × 52 = $208,000 a year; monthly = $208,000 ÷ 12 ≈ $17,333; weekly = $100 × 40 = $4,000; daily (5-day week) = $100 × 8 = $800. If you also subtract ~2 weeks of annual leave and ~12 public holidays, the effective year is roughly 50 weeks, taking the annual figure closer to $200,000. This is the simplest full-time benchmark — actual take-home usually runs higher with overtime and HK's typical 13th-month bonus.

I'm a freelancer — what hourly rate equals a $30,000/month salaried job?

Pure conversion: $30,000 × 12 = $360,000/year; $360,000 ÷ (40 × 52) ≈ $173/hour. But freelancers are not salaried — you have no paid leave, no sick pay, no employer MPF contribution (5%) and no medical insurance, and you pick up your own MPF, insurance and accounting fees. The standard rule of thumb is to mark up the salaried-equivalent rate by 25–40%, so $215–$240/hour is what actually equals a $30,000/month full-time job. And that's before you account for the unbillable hours spent finding clients.

Why does the monthly figure not match my actual payslip?

The figure here is pre-tax (gross) monthly pay — annual ÷ 12. Your payslip will typically deduct MPF (employee 5%, capped at $1,500/month), salaries tax (HK uses progressive bands, withheld mid-year via provisional tax), and other items (medical insurance, union dues, etc.), so take-home is usually 8–15% lower. To model net pay, run the figures through this site's Salaries Tax and MPF calculators. Also note that many HK full-time jobs include a 13th-month / double-pay bonus, which is not folded in here — if you want an average that spreads the bonus, divide the annual by 13 instead of 12.

Part-time: 20 hours a week, 48 weeks, at $80/hour — what's the annual?

$80 × 20 × 48 = $76,800 a year, averaging about $6,400/month. Part-time work is often billed per term or per project, so set the "weeks per year" field to your actual contract length (e.g. a teaching assistant on a 36-week academic year, a summer-only role at 10 weeks). If you have multiple part-time jobs, calculate each separately and add the annual totals — but remember that HK salaries tax is progressive on aggregate income, so a low monthly figure does not mean you can skip filing.

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