Freelance
Hourly to Salary Converter
Convert hourly and salary compensation with PTO, holidays, sick days, overtime, and benefits-value adjustments.
Result
No overtime included: set overtime hours per week above 0 to apply the multiplier. The salary's effective hourly rate counts 240 paid hours off (30 days) as time not worked.
Annual compensation view
Hourly path vs salary path with benefits.
Hourly economics
Effective hourly equivalents.
How to use it
- Enter hourly pay, annual salary, hours per week, weeks per year, paid time off, holidays, sick days, overtime, and benefits value. Those choices determine the difference between headline pay and the number of hours you are actually expected to work or remain available.
- Read annual pay from the hourly path, annual pay with benefits, effective hourly rate from the salary path, effective hourly with benefits, paid days total, and overtime annual gross. If effective work hours fall near or below 1,200, your PTO and schedule assumptions are aggressive enough to materially change the comparison.
- Compare effective hourly economics, not just annual headline pay. If the salaried role's effective hourly value is 15-20% below your freelance or contracting rate, the stability premium may still be too small for the flexibility you give up.
- Use the result to negotiate the component with the biggest impact: base salary, overtime terms, PTO, or employer-paid benefits. In many cases an extra week of PTO or $5,000 of benefits moves the real hourly value more than a small base-pay increase.
- Re-run when PTO policy, overtime expectations, weekly schedule, or benefits change. Track effective hourly value over time because employers often adjust titles faster than the actual economics of the role.
Questions people usually ask
Why include PTO and holidays?
Paid non-working days materially affect effective hourly economics in salary comparisons.
Does this include benefits value?
Yes. Annual benefits value can be folded into both annual and hourly equivalent outputs.
Can I model overtime?
Yes. Overtime hours and multiplier are included for hourly-path adjustments.
Is this gross or net pay?
This converter focuses on gross compensation structure, not after-tax payroll outcomes.
Is this tool free and private to use?
Yes. AI Biz Hub tools are free, no-signup browser tools. Inputs stay in your browser unless you choose to share a URL.
Is this professional advice?
No. Outputs are business planning estimates — not legal, tax, or accounting advice.
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Background on the Hourly to Salary Converter
- Statistics 15 Freelancing Statistics
Freelancing statistics on self-employment, nonemployer businesses and remote work, each from a named primary source: the U.S. Census Bureau or the BLS.
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Use it from code
The same calculation as a JavaScript module you can import. It runs where you import it, with no request, key or rate limit.
import { compute } from "https://aibizhub.io/engines/hourly-to-salary-converter.js";Input and output contract, TypeScript types and the guide for agents.