Contractor Rate Calculator — Hourly to Salary

Enter target salary, billable hours, expenses, and tax rate to see required hourly and daily contractor rates.

—Hourly rate
—Daily rate (8h)

How to use

  1. Enter your target annual salary equivalent.
  2. Set billable hours per year, business expenses, and tax buffer.
  3. See required hourly and daily contractor rates.

Frequently asked questions

How many billable hours per year?

Full-time contractors typically bill 1,000–1,500 hours after accounting for admin, sales, and vacation.

Why add a tax buffer?

Contractors pay self-employment tax and must cover their own benefits. A 25–35% buffer is common.

How is hourly rate calculated?

Required revenue = (Salary + Expenses) / (1 − Tax Rate). Hourly = Revenue / Billable Hours.

Is my data sent to a server?

No. All calculations happen in your browser.

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