Salary to hourly rate calculator

Moving from full time to freelance? Calculate your hourly/daily rate based on your current annual salary in seconds.

Salary to Rate

Full Time (per year)Freelance (per hour)
Your freelance rate:$0.00

Basic Salary

Your basic annual salary

The Maths…

The per year figure is divided by 230 days representing the approximate amount of billable days for a freelancer each year.

Calculation is based on a total of 255 working days in a year, minus 5 for sick days, minus 20 days which you would have as paid holidays in a permanent position.

The per hour rate is based on an 8 hour work day.

Your freelance rate…

The weighted total is based on a cost to the employer of an additional 15 - 20% with taxes, and a market rate which would counteract the long-term stability of a permanent position with a higher remuneration for a specific project