How do I convert my hourly rate to annual salary?

Multiply your hourly rate by the number of hours you work per week, then by 52 weeks. For a full-time employee working 38 hours per week, the formula is hourly rate × 38 × 52. This gives your gross annual salary before tax, Medicare, and super. For example, the National Minimum Wage of $26.44 per hour yields $26.44 × 38 × 52 = $52,253.44 per year.

What is the National Minimum Wage in 2026-27?

From 1 July 2026, the National Minimum Wage is $26.44 per hour, or $1,004.90 per week for 38 hours. Casual employees receive a 25% loading, making it $33.05 per hour. Award rates may be higher, and the Fair Work Ombudsman provides specific pay guides for different industries.

Does the calculator include salary sacrifice?

No, the calculator does not account for salary sacrifice schemes. If you participate in a salary sacrifice arrangement, your taxable income will be lower than the gross annual figure shown. You can manually reduce your gross salary to estimate the effect, but the calculator assumes no salary packaging, allowances, or penalty rates.

How to Convert Hourly Rate to Annual Pay: Including Tax, Super, and Salary Sacrifice Schemes

Annual pay is calculated as hourly rate × 38 hours × 52 weeks, giving a gross figure before tax and super.

Converting your hourly rate to annual pay

To estimate your annual salary from an hourly rate, use the formula:

hourly rate × hours per week × 52

For a full-time employee, the standard week is 38 hours. This is the assumption used throughout this guide and in the timesheet. For example, the National Minimum Wage of $26.44 per hour gives:

$26.44 × 38 × 52 = $52,253.44 per year (gross)

This figure is before tax, the Medicare levy, and superannuation. It assumes you work the same hours every week with no unpaid overtime, penalty rates, allowances, or salary sacrifice.

The fortnightly view

If you prefer to budget fortnightly, multiply the weekly amount by two. At $26.44 per hour, the weekly pay is $1,004.90, so a fortnight is $2,009.80. This can help align with common pay cycles.

Understanding the National Minimum Wage and award rates

The Fair Work Commission sets the National Minimum Wage each year. From 1 July 2026, the rate is $26.44 per hour for a 38-hour week. Casual employees receive a 25% loading, making it $33.05 per hour. Many employees are covered by awards that set higher minimum rates. Check the minimum wage page and pay guides for your industry. The casual loading page explains how the loading works.

Estimating tax and the Medicare levy

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

Nil tax 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 above $190,000

The Medicare levy is generally 2% of your taxable income. The 2025-26 single reduction thresholds are used here because the 2026-27 thresholds were not confirmed at the time of calculation.

For the National Minimum Wage example ($52,253.44):

Tax: $18,200 tax-free, then 15% on $26,800 = $4,020, then 30% on $7,253.44 = $2,176.03. Total tax = $6,196.03
Medicare levy: 2% of $52,253.44 = $1,045.07
Total deductions = $7,241.10
Estimated take-home = $45,012.34

Visit the take-home pay page for more examples.

Superannuation on top

Employers must pay super guarantee at 12% of ordinary earnings, up to the maximum contribution base of $270,830. This is paid on top of your gross salary, not deducted from it. For $52,253.44, the super contribution is $6,270.41. This amount goes into your super fund and is not part of your take-home pay. See super and packaging for details.

Salary sacrifice schemes

A salary sacrifice scheme allows you to exchange part of your before-tax salary for benefits such as additional super contributions, a car, or childcare. This reduces your taxable income and therefore your tax and Medicare levy. The calculator does not include salary sacrifice, but you can manually adjust your gross annual figure to reflect the sacrificed amount. For example, if you sacrifice $5,000 into super, your taxable income becomes $47,253.44, lowering your tax bill. Always check with your employer or the Australian Taxation Office for the rules that apply to your arrangement.

Average earnings context

The Australian Bureau of Statistics publishes Average Weekly Earnings. For May 2026, full-time adult ordinary time earnings were $2,083.70 per week. All employees (including part-time) averaged $1,579.20 per week. These are averages across all industries and occupations, not medians for a specific job. The average pay page provides more context.

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.

Use the timesheet to enter your hourly rate and see the annual, weekly, and fortnightly figures. The checkbox adds casual loading if applicable. Remember to type your base hourly rate, not a rate that already includes casual loading.