Hourly Rate Calculator
The hourly rate calculator divides your annual salary by the hours you work per year (hours/week × weeks/year) to show your hourly, daily, weekly and monthly rates.
Last updated 2026-08-15
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quizExample
How this calculator works, with real numbers (no JavaScript needed):
Inputs
- Annual salary
- 1200000
- Hours per week
- 40
- Weeks per year
- 52
Results
- Hourly rate
- ₹576.92
- Daily rate
- ₹4,615.38
- Weekly rate
- ₹23,076.92
- Monthly rate
- ₹1,00,000
- Hours per year
- 2,080
functionsThe formula
Comparing a salaried offer with an hourly job requires converting one to the other. The bridge is your hours per year.
The formula
Hourly rate = annual salary ÷ (hours per week × weeks per year)
Worked example
An annual salary of ₹12,00,000 at 40 hours/week, 52 weeks/year:
Hours per year = 40 × 52 = 2,080
Hourly rate = 12,00,000 ÷ 2,080 ≈ ₹577/hour
That's roughly ₹4,615/day (8-hour day), ₹23,077/week and ₹1,00,000/month.
Tuning the inputs
- Weeks per year — if you get 2 weeks of unpaid vacation, use 50, not 52. Your effective hourly rate is higher than the "standard" 2,080-hour figure.
- Hours per week — an employee working 45 hours/week on a 40-hour salary earns a lower effective hourly rate.
- Daily rate — the calculator assumes an 8-hour day; shift workers can scale the daily figure up or down.
How to compare offers
- Convert both offers to hourly rate on the same hours basis.
- Add the value of paid time off, benefits and bonuses to the total.
- Remember hourly workers often don't get paid leave — adjust for that.
A salaried ₹12,00,000 job with paid leave usually beats a ₹600/hour contract with unpaid gaps in between.
helpFrequently asked questions
question_markHow do I calculate my hourly rate from annual salary?
Divide your annual salary by your total working hours per year (hours per week × weeks per year). ₹12,00,000 ÷ (40 × 52) ≈ ₹577/hour.
question_markWhat is the standard hours-per-year figure?
The standard full-time figure is 2,080 hours (40 × 52). If you take unpaid leave, use a lower weeks-per-year number for a more accurate hourly rate.
question_markHow do I convert hourly to annual salary?
Multiply your hourly rate by hours per week and by 52: ₹577 × 40 × 52 = ₹12,00,000. Remember to add paid leave and other benefits for a true comparison.
question_markIs my hourly rate the same as my take-home pay per hour?
No. Your hourly rate is gross — income tax and deductions apply. Divide your monthly take-home pay (see the Take-Home Pay Calculator) by your monthly hours for a net hourly figure.