๐ŸŒ Tax Freedom

Pay Rate Converter

Hourly ↔ Salary Calculator

Convert between hourly rates and annual salaries โ€” with weekly, fortnightly and monthly equivalents, plus what you'd take home after tax.

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Salaried staff are typically paid 52 weeks including leave. Casuals and contractors should enter actual working weeks (often 46โ€“48).

2026โ€“27 rates ยท verified July 2026

Equivalent pay rates (gross)

Frequency Amount

After tax

Net per year

$56,000

Net per month

$4,660

Net per hour

$23.60

Assumes a single resident taxpayer on standard settings. For a full payslip breakdown, use the salary calculator.

Worth Knowing

Comparing hourly and salaried offers fairly

A higher hourly number doesn't automatically beat a salary. The comparison depends on paid leave, guaranteed hours and benefits.

The paid-leave gap

A salaried role typically pays for 52 weeks while you work about 47 after leave and holidays. An hourly worker without paid leave must earn the same annual amount in fewer paid weeks โ€” so an equivalent hourly rate needs to be roughly 10โ€“25% higher than a simple division suggests.

Overtime changes everything

Hourly workers are usually paid for every hour, often at premium rates beyond standard hours. Salaried staff frequently work unpaid extra hours, which quietly lowers their true hourly rate. Divide your salary by the hours you actually work to see your real rate.