Day rate to salary calculator
Helps compare a day-rate contract with a salaried job. Count only the weeks you will actually work.
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Processing and privacy: The result is calculated inside your browser and your data is not sent to any server.
How to use it
- Enter day rate, days per week, weeks worked per year and hours per day.
- The result appears straight away and updates as you edit.
- Copy the result, or copy a link that keeps the same values to share it.
How it is calculated
Annual income = day rate × days per week × weeks worked. Monthly = annual ÷ 12. Hourly = day rate ÷ hours per day.
Example
Inputs: Day rate = 800, Days per week = 5 days, Weeks worked per year = 46, Hours per day = 8 h. Result: Annual income: 184,000.00; Monthly income: 15,333.33; Hourly rate: 100.00.
Limits and caveats
- Income is gross, before expenses and tax.
- Employee benefits such as paid leave, insurance and end of service pay are not included.
Questions about this tool
Why 46 weeks instead of 52?
Contractors are not paid for holidays, public holidays or gaps between contracts. 46 weeks is a common estimate; adjust it to your case.
What is 800 a day per year?
At 5 days a week for 46 weeks it is 184,000 a year, about 15,333 a month.
How do I compare it with a salary?
Add the value of benefits like health cover, paid leave and end of service pay to the salary, then compare that total with the annual income here.