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 multiply by 52. For a full-time employee working 38 hours per week, the formula is hourly rate × 38 × 52. This gives your gross annual income before tax and super. For part-time or casual workers, use your actual weekly hours. The timesheet on this site does this calculation for you.

What is casual loading and how does it affect my pay?

Casual loading is an additional 25% paid on top of the base hourly rate to compensate for the lack of paid leave and other entitlements. If you are a casual employee, your effective hourly rate becomes base rate × 1.25. Super is paid on the total ordinary earnings including casual loading. For example, the National Minimum Wage from 1 July 2026 is $26.44 per hour; with casual loading it becomes $33.05 per hour.

How does salary sacrifice for a home loan work?

Salary sacrifice allows you to use pre-tax income to pay for certain benefits, such as mortgage repayments through a home loan arrangement. This reduces your taxable income, potentially lowering your tax bill, but it also reduces your super guarantee contributions base because super is calculated on your reduced ordinary earnings. Always check with your employer and the Australian Taxation Office for eligibility and limits. Our calculator does not include salary sacrifice, so you would need to adjust your base rate manually.

Convert Your Hourly Rate to Annual Salary: Salary Sacrifice Home Loan Considerations

Annual gross pay is calculated as hourly rate × hours per week × 52, assuming a standard 38-hour week for full-time work.

Converting Hourly Pay to Annual Salary

If you earn an hourly wage or have been offered a salary, the first step to comparing them is converting your hourly rate to an annual figure. The standard formula is straightforward: multiply your hourly rate by the number of hours you work each week, then multiply by 52 (the number of weeks in a year). For full-time employees, we assume a 38-hour week, which is the ordinary hours under the Fair Work Act. So annual gross pay = hourly rate × 38 × 52. This gives you the gross amount before tax, Medicare levy, and superannuation.

For part-time or casual workers, use your actual weekly hours. If your hours vary, you might average them over a month or use your guaranteed minimum. The the timesheet on this site lets you enter your base hourly rate and toggle casual loading to see the annual, monthly, fortnightly, and weekly equivalents. It also estimates tax and super.

Casual Loading and Super

Casual employees receive a 25% loading on top of their base hourly rate to compensate for not receiving paid sick leave, annual leave, or other entitlements. This loading is part of your ordinary earnings, so superannuation is paid on the loaded rate. For example, the National Minimum Wage from 1 July 2026 is $26.44 per hour for permanent employees. A casual employee doing the same work would receive $33.05 per hour (including the 25% loading). Super is then calculated at 12% on that $33.05, paid on top by your employer. The super guarantee rate is 12% of ordinary earnings, up to the maximum contribution base of $270,830 per year. If your earnings exceed that, super stops at that cap.

When using the timesheet, you enter your base hourly rate (the rate before casual loading). If you are a casual, check the box for 25% casual loading. The tool then adds the loading automatically. Never enter a rate that already includes casual loading – that would double-count it.

Salary Sacrifice Home Loan Arrangements

If you are considering a salary sacrifice home loan arrangement, it's important to understand how it interacts with your annual salary calculation. Salary sacrifice lets you use pre-tax income to pay for certain benefits, such as mortgage repayments through a home loan package. This reduces your taxable income, which can lower the tax you pay. However, it also reduces the amount on which your employer calculates super guarantee contributions, because super is based on your ordinary earnings after salary sacrifice. For example, if you sacrifice $10,000 of your salary toward a home loan, your super contributions may be calculated on the reduced amount, potentially lowering your retirement savings. Always check with your employer and the Australian Taxation Office (ATO) for eligibility and any caps. Our calculator does not include salary sacrifice, so you would need to manually adjust your base hourly rate to reflect the reduced ordinary earnings if you want a more accurate estimate.

Tax and Medicare

Once you have your gross annual income, you can estimate your take-home pay using the 2026–27 resident tax rates. The tax-free threshold is $18,200. Above that, you pay 15% on income up to $45,000, 30% on income from $45,001 to $135,000, 37% on income from $135,001 to $190,000, and 45% on income above $190,000. The Medicare levy is generally 2% of your taxable income, but the low-income thresholds for singles and families may reduce or eliminate it. Our calculator uses the 2025–26 single reduction thresholds because the 2026–27 thresholds were not confirmed in this estimate. For a more personalised estimate, consult the ATO or a tax professional.

Minimum Wage and Award Rates

The National Minimum Wage, set by the Fair Work Commission, is the minimum hourly rate for employees not covered by an award or agreement. From 1 July 2026, it is $26.44 per hour, or $1004.90 per week for a 38-hour week. Casual employees receive $33.05 per hour including the 25% loading. However, many employees are covered by industry or occupation awards that set higher minimum rates. Award rates vary by classification and can include penalty rates for weekends, public holidays, or late shifts. The Fair Work Ombudsman provides pay guides for each award. Our pay guides page links to the official resources. If you are covered by an award, your actual hourly rate may be higher than the National Minimum Wage. The figures on this site are averages or minimums – they are not a job median. For your specific role, check your award or enterprise agreement.

Fortnightly and Weekly Pay

Many Australians are paid fortnightly. To find your fortnightly gross pay, simply multiply your weekly pay by two. For a full-time employee on the National Minimum Wage, weekly pay is $1004.90, so fortnightly is $2009.80. Super is paid on top of your ordinary earnings each pay period. The reference tables on this site show weekly, fortnightly, monthly, and annual equivalents for common hourly rates.

Important Disclaimer

The annual pay shown here is an estimate based on the formula 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 uses 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 a more accurate picture, use the the timesheet with your actual hours and check the super and packaging guide for salary sacrifice details.