The formula
Annual = hourly rate × hours per week × weeks per year. Monthly is annual divided by twelve.
Hourly rate to salary calculator
Enter an hourly rate, hours per week and weeks worked to see weekly, monthly and yearly earnings. Useful for pricing freelance work.
Weekly400,000.00
Monthly1,733,333.33
Annual (gross)20,800,000.00
For freelancers
Your billable hours are usually fewer than your working hours, and you pay for tax, tools and time off. Price accordingly rather than copying an employee salary.
Questions
How many weeks should I use?
52 for full-year work, or fewer if you take unpaid time off.
Is this before tax?
Yes, it is gross pay.