Daily rate calculator
Convert an annual salary into a day rate by dividing it by the working days in the year.
Convert an annual salary into a day rate by dividing it by the working days in the year.
Day rate = annual salary ÷ working days in the year.
The day rate depends on how many days you treat as a working year. 260 is 52 weeks of five days, before public holidays. 252 is that year with about eight public holidays removed. A smaller day count makes a higher day rate from the same salary. Contractors who quote a day rate are a different calculation: that rate is the price of a day, not a salary divided by days.
£45,000 ÷ 260.
£173.08 a day
£45,000 ÷ 220.
£204.55 a day
Include a day if the salary covers it and you want the rate to spread across it. Exclude it if you want the rate for a day the person actually works. Say which one you used when you share the number.
A day rate ignores how long the day is. An hourly rate uses the hours in the week. A 7.5-hour day at £23.08 is about £173, close to £45,000 ÷ 260, because 260 × 7.5 is 1,950 hours.
Yes. The unused holiday pay calculator multiplies this kind of day rate by the days left.
You choose the working days. A common planning year is 260 weekdays, before the public holidays you observe.