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) | |
|---|---|---|
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| $0.00 | ||
| Total | $0.00 | $0.00 |
| Your freelance rate: | $0.00 | |
Basic Salary
Your basic annual salary
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