How do I calculate my annual salary from my hourly rate?

Multiply your hourly rate by the number of hours you work per week, then by 52. For a standard full-time week of 38 hours, the formula is: hourly rate × 38 × 52. For example, $30 per hour × 38 × 52 = $59,280 per year. This assumes the same rate every week with no unpaid overtime or penalty rates.

Is superannuation included in my hourly rate or paid on top?

Superannuation is paid on top of your ordinary earnings. Your employer must contribute an additional 12% of your ordinary time earnings into your super fund. It is not deducted from your hourly rate. For example, if your annual gross salary is $60,000, your employer adds $7,200 in super, up to the maximum contribution base of $270,830.

Understanding Your Marketing Salary: From Hourly Rate to Annual Pay

Q: What is the difference between the National Minimum Wage and an award rate?

The National Minimum Wage is the legal minimum for award/agreement-free employees, currently $26.44 per hour. Award rates are set by industry or occupation awards and are often higher. For example, marketing roles may be covered by the Professional Employees Award, which has higher minimum rates. You can check your award using the Fair Work Ombudsman's pay guides.

For a 38-hour week, the National Minimum Wage is $26.44 per hour, giving an annual gross of $52,254.80 before tax and super.

Understanding Your Pay: From Hourly Rate to Annual Salary

Whether you are negotiating a marketing salary or checking your current rate, knowing how your hourly pay translates into annual, fortnightly, and weekly figures is essential. This guide walks you through the calculation, explains the difference between the National Minimum Wage and award rates, and covers casual loading and superannuation.

Use our the timesheet tool to quickly convert your base hourly rate. Just enter your rate and tick the casual loading checkbox if you are a casual employee. The tool does the rest.

The National Minimum Wage vs Award Rates

From 1 July 2026, the National Minimum Wage (NMW) is $26.44 per hour, or $1,004.90 per week for a 38-hour week, as set by the Fair Work Commission. This is the legal minimum for adult employees not covered by an award or agreement.

However, most employees are covered by an award that sets higher minimum rates. For example, marketing professionals may fall under the Professional Employees Award or a similar award. Award rates vary by classification and experience. To find the correct rate for your job, check the pay guides from the Fair Work Ombudsman.

If you are award-free, the NMW applies. If your employer has an enterprise agreement, the agreement rate applies as long as it is not less than the award rate.

Casual Loading and Superannuation

Casual employees receive a 25% loading on top of the minimum wage to compensate for not receiving paid leave. For the NMW, this means $33.05 per hour ($26.44 × 1.25). The casual loading is added to your base rate, not included in it. When using our timesheet tool, enter your base hourly rate (without loading) and check the casual loading box.

Superannuation is paid on top of your ordinary earnings. From 1 July 2026, the super guarantee is 12% of your ordinary time earnings, up to the maximum contribution base of $270,830 per year. Your employer must contribute this amount into your super fund. It is not deducted from your pay. Learn more about super and packaging.

From Hourly to Annual: The Calculation

The standard formula to estimate your annual gross salary is:

Annual gross = hourly rate × hours per week × 52

We assume a 38-hour week for full-time work, as this is the standard ordinary hours in the National Employment Standards. If you work part-time or different hours, adjust accordingly.

Example:

Hourly rate: $30.00
Hours per week: 38
Annual gross: $30 × 38 × 52 = $59,280
Fortnightly gross: $59,280 ÷ 26 = $2,280 (or weekly × 2)
Weekly gross: $59,280 ÷ 52 = $1,140

For a marketing salary, you might earn above the NMW. The Australian Bureau of Statistics reports that full-time adult average weekly ordinary time earnings were $2,083.70 in May 2026, which equates to about $108,352 per year. Your actual pay depends on your role, experience, and award.

Tax and Take-Home Pay

Once you have your annual gross, you can estimate your take-home pay using the 2026–27 resident tax rates:

Nil on the first $18,200
15% on income from $18,201 to $45,000
30% on income from $45,001 to $135,000
37% on income from $135,001 to $190,000
45% on income over $190,000

Plus the Medicare levy of 2% (with possible reductions for low-income earners). Our take-home pay topic provides more detail.

Example for $59,280 annual gross:

Tax: $4,288 (15% of $26,800 above $18,200) + $4,284 (30% of $14,280 above $45,000) = $8,572
Medicare: $1,185.60 (2% of $59,280)
Total deductions: $9,757.60
Estimated take-home: $49,522.40 per year, or about $952 per week.

Using the Timesheet Tool

Our the timesheet tool is designed for simplicity. Enter your base hourly rate (e.g., $26.44 for NMW). If you are casual, tick the casual loading checkbox – the tool will add 25% automatically. Never enter a rate that already includes casual loading. The tool then shows your weekly, fortnightly, and annual gross pay, plus estimated tax and super.

Important Disclaimer

Annual pay here is hourly rate × hours per week × 52. It assumes the same rate every week, no unpaid overtime, no penalty rates, no allowances, and no salary sacrifice. Super is estimated at 12% of ordinary earnings only, paid on top, and stops at the $270,830 maximum contribution base. Tax is the 2026–27 resident scale with the full tax-free threshold. Medicare uses the 2025–26 single reduction thresholds because the 2026–27 reduction thresholds were not confirmed here. HELP, the Medicare levy surcharge, and salary packaging are not deducted. This is an estimate, not a determination of your pay or tax.

For precise calculations, refer to the reference tables or consult a tax professional.