Salary calculator
Calculate annual, monthly, weekly, daily, and hourly pay. For employers: see total cost including employer’s National Insurance and holiday pay.
For Employees
This calculation uses gross salary before overtime, other allowances, holiday pay, and taxes. Standard assumptions: 37.5-hour workweek, 260 days/year, 52 weeks/year, 1950 hours/year.
For Employers
Calculate the total cost of an employee including employer contributions and holiday pay.
Total Cost:
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How the Salary Calculator Works
Our calculator uses standard calculations based on UK employment practices.
For Employees
The calculator uses the following parameters:
- Work hours per week: 37.5 hours (typical full-time in the UK)
- Workdays per year: 260 days (52 weeks × 5 days)
- Workweeks per year: 52 weeks
- Work hours per year: 1,950 hours (37.5 × 52 weeks)
Calculations are based on gross salary before overtime, other allowances, holiday pay, and taxes.
For Employers
Total cost for an employee is higher than the base salary due to:
- Employer’s National Insurance: 13.8% on earnings above the Secondary Threshold (£175/week for 2024/25)
- Holiday Pay: Statutory minimum 5.6 weeks (28 days) paid leave per year for full-time employees
- Workplace Pension: Minimum 3% employer contribution on qualifying earnings (auto-enrolment)
Example
An employee with an annual salary of £60,000 has the following total cost for the employer:
- Base Salary: £60,000
- Employer’s NI (13.8% on earnings above £9,100): £7,024
- Workplace Pension (3% of qualifying earnings): approx. £1,527
- Total Annual Cost: approx. £68,551
Other Costs
Note: the calculator does not include other potential costs such as:
- Apprenticeship Levy (0.5% of pay bill for employers with pay bill over £3 million)
- Insurance (employers’ liability insurance is compulsory)
- Benefits in kind (company car, private medical, etc.)
- Other allowances and benefits