Salary converter: hourly, monthly and yearly

Compare a freelance hourly rate with a monthly salary, or turn a US hourly rate into a yearly figure in rupees.

  • For India and the US
  • By the Gleexa team
  • Free, no sign-up
  • Last reviewed
  • Private: nothing you type is stored
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Job posts and client offers quote pay in different units: per hour, per day, per month or per year. This converter turns any of them into all the others so you can compare like with like.

The conversion formulas

Yearly = hourly × hours per week × 52Monthly = yearly ÷ 12Weekly = hourly × hours per weekDaily = weekly ÷ working days per week

The calculator assumes you're paid for all 52 weeks. For a freelancer who takes time off unpaid, multiply by the weeks you actually work instead, or use the freelance hourly rate calculator.

Worked example

Example: ₹1,500 an hour, 40 hours a week, 5 days a week

Weekly: ₹60,000

Daily: ₹12,000

Monthly: ₹2,60,000

Yearly: ₹31,20,000

Comparing a salary with a contract rate

A salaried job and a contract at the same yearly figure aren't equal. Salary usually comes with paid leave, PF, gratuity, insurance and the employer covering your equipment, which are worth 15–30% on top. Contractors pay for these themselves but often pay less tax under the presumptive scheme. Before comparing, convert both to yearly figures and adjust for these extras.

If the pay is in dollars, convert the hourly rate at today's exchange rate, then check fees with the USD to INR payment calculator.

How to use this calculator

  1. Enter an amount and how often it's paid.
  2. Set hours and days per week.
  3. Set the exchange rate to see the other currency.

FAQs

Does this include tax?

No. It converts gross pay. Use the CTC or freelance calculators to see take-home pay.

Results are estimates and aren't financial advice. For decisions about your own money, check with a qualified adviser. Spotted a mistake? Tell us.

Hourly to Monthly to Annual Salary Converter (INR & USD) | Gleexa