Hourly Rate Calculator UK — Convert Annual Salary to Hourly Pay
Convert your UK annual salary to an hourly rate. Factor in working hours annual leave and bank holidays for your true hourly earnings.
UK full-time employees typically work 37.5-40 hours per week with 28 days minimum annual leave (including 8 bank holidays). This means actual working hours are approximately 1680-1824 per year not 2080 like the US calculation. A £40000 salary works out to approximately £21.93-£23.81 per hour depending on your contracted hours and leave entitlement.
What is my hourly rate on £35000 salary?
At 37.5 hours/week and 28 days leave: working hours = 37.5 × 46.4 = 1740 hours/year. Hourly rate = £35000 / 1740 = £20.11/hour. At 40 hours/week: 1856 hours/year = £18.86/hour. Your contracted hours significantly affect the true hourly rate.
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Salary ↔ Hourly Converter
How to Use This Calculator
Enter your values in the fields above and the calculator will compute results instantly as you type. You can adjust any input to compare different scenarios. All calculations happen in your browser — no data is sent to any server and nothing is stored. Use the share buttons below the results to save or send your calculations via WhatsApp, Twitter, or by copying the link. For related calculations, check the suggested tools in the "What to calculate next" section below.
Key Information
| Parameter | Details |
|---|---|
| Standard Full-Time Hours | 37.5 - 40 hours/week |
| Annual Leave (Minimum) | 28 days (including bank holidays) |
| Working Weeks Per Year | 46.4 weeks (after 28 days leave) |
| UK Minimum Wage (2026) | £12.21/hour (23+) |
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Use Calculator NowFrequently Asked Questions
What is my hourly rate on £35000 salary?
At 37.5 hours/week and 28 days leave: working hours = 37.5 × 46.4 = 1740 hours/year. Hourly rate = £35000 / 1740 = £20.11/hour. At 40 hours/week: 1856 hours/year = £18.86/hour. Your contracted hours significantly affect the true hourly rate.
Is £15 an hour good in the UK?
£15/hour equates to approximately £27750 per year (37.5 hrs/week). The 2026 National Living Wage is £12.21/hour so £15 is 23% above minimum. It is adequate outside London and the Southeast but below the median full-time earnings of approximately £35000. In London you would need £18-20/hour for a comfortable lifestyle.
How does hourly rate compare between UK and US?
US calculations assume 2080 working hours (40hrs × 52 weeks no guaranteed leave). UK assumes approximately 1740 hours (37.5hrs × 46.4 weeks after 28 days leave). A £30000 UK salary = £17.24/hour. A $40000 US salary = $19.23/hour. But the US worker works approximately 340 more hours per year for that rate.
Are these calculators free to use?
Yes, all calculators on CalcCorp are completely free — no registration, no login, no hidden charges. Results are calculated instantly in your browser and we do not store any of your data.
How accurate are these calculations?
Our calculators use standard financial formulas updated with the latest tax rates, interest rates, and government policies for 2026. Results are accurate for planning purposes but should be verified with a professional for final decisions.
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Last updated: March 2026