One pay figure, expressed every other way — hourly, daily, weekly, fortnightly, monthly and yearly. The working pattern is yours to set, and optional deductions give an estimated take-home figure.
Working pattern
Deductions (optional)
Percentages are taken off the gross annual figure. No country's tax rules are built in — see the note below.
Annual salary
Multiply the hourly rate by the hours you work each week, then by the number of weeks you work in a year.
No. It converts gross pay between periods. Income tax, national insurance and pension contributions are not deducted.
A month averages about 4.33 weeks, so multiplying by four understates monthly pay by roughly a month a year.
Yes, but remember a contract rate usually has to cover holiday, sick pay and pension that a salary includes.