Question 1

How do I convert hourly rate to annual salary?

Accepted Answer

To convert hourly rate to annual salary, multiply your hourly rate by the number of hours you work per week, then multiply by 52 (weeks in a year). For example: £15/hour × 40 hours/week × 52 weeks = £31,200 annual salary. This calculator does this automatically — just enter your hourly rate and hours per week.

Question 2

How do I convert annual salary to hourly rate?

Accepted Answer

To convert annual salary to hourly rate, divide your annual salary by 52 (weeks) then divide by your weekly hours. For example: £30,000 ÷ 52 ÷ 40 hours = £14.42 per hour. Or simply divide annual salary by 2,080 (the standard 40 hours × 52 weeks) for a quick estimate.

Question 3

What is the UK minimum wage in 2026?

Accepted Answer

The UK National Living Wage from April 2026 is £12.21 per hour for workers aged 21 and over. The National Minimum Wage for 18-20 year olds is £10.00 per hour. At 40 hours per week, the National Living Wage equates to approximately £25,397 per year before tax.

Question 4

How many working hours are in a year?

Accepted Answer

A standard full-time year contains 2,080 working hours (40 hours per week × 52 weeks). In the UK, the average full-time employee works 37.5 hours per week, giving 1,950 hours per year. In Australia, the standard is 38 hours per week (1,976 hours per year). In the US, 40 hours per week is standard (2,080 hours per year).

Question 5

What is a good salary in the UK in 2026?

Accepted Answer

The UK median full-time salary is approximately £37,430 per year (ONS 2025 data). A salary above £40,000 is generally considered above average. London salaries are typically 20-30% higher than the national median due to the higher cost of living. The higher rate income tax threshold is £50,270, making this a common benchmark for higher earners.

Salary Calculator

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Salary Calculator

About This Tool

Frequently Asked Questions

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