Salary ↔ hourly: the math
Both directions come from one relationship — your pay for the year equals your hourly rate times the hours you actually work:
hourly = yearly ÷ (hours per week × weeks per year)
Going the other way, yearly = hourly × hours per week × weeks per year. Monthly pay is yearly ÷ 12, weekly is hourly × weekly hours, and the daily figure assumes a 5-day week (weekly hours ÷ 5 per day).
Worked example
A salary of 60,000 per year at 40 hours a week, 52 weeks a year, means 40 × 52 = 2,080 paid hours. So the hourly equivalent is 60,000 ÷ 2,080 ≈ 28.85. That's ≈ 230.77 per 8-hour day, ≈ 1,153.85 per week and 5,000 per month.
Getting the inputs right
The two "settings" matter more than people expect. Salaried employees are usually paid through holidays, so 52 weeks is right even if you take vacation. Hourly workers with unpaid time off should enter the weeks they actually work — at 48 weeks, that same 60,000 salary is worth 31.25 per hour, a 2.40 difference. Likewise, if your real week is 45 hours, the salary's hourly value drops to about 25.64: unpaid overtime quietly dilutes a salary, and this converter makes that visible.
Comparing a salary offer with contract work
When weighing a salary against an hourly contract, remember the hourly figure here is a like-for-like conversion only. Contractors typically need a 20–40% higher hourly rate to match a salary once unpaid leave, insurance and retirement contributions are counted.