Contractor Rate Calculator
To turn a permanent salary into a contractor rate, divide your annual salary (including super) by your billable hours: 38 hours a week across 44 billable weeks. Then add around 20% to cover the leave, benefits and risk that come with contracting.
Contractor Rate Calculator
What's Your Contracting Rate?
Convert your permanent salary to see what you should charge as a contractor. Based on 38hr weeks and 44 billable weeks per year.
1Equivalent Rate
$455/day
$60/hr
Same take-home as your current salary
2Suggested Rate (+20% uplift)
$545/day
$72/hr
Accounts for no leave, super, or benefits
- 38 hr weeks
- 44 billable weeks
- +20% uplift
1 Based on 38hr/week, 44 billable weeks (after unpaid leave)
2 +20% to cover super, leave loading and contracting risk
Ready to make the move?
We'll negotiate the best rate for you and support you every step of the way.
Salary to day rate: examples
| Salary (inc. super) | Equivalent day rate | Equivalent hourly rate | Suggested day rate (+20%) | Suggested hourly rate (+20%) |
|---|---|---|---|---|
| $80,000 | $364 | $48 | $436 | $57 |
| $100,000 | $455 | $60 | $545 | $72 |
| $120,000 | $545 | $72 | $655 | $86 |
| $150,000 | $682 | $90 | $818 | $108 |
| $180,000 | $818 | $108 | $982 | $129 |
| $200,000 | $909 | $120 | $1,091 | $144 |
How the calculator works
- 38-hour weeks.
- 44 billable weeks a year, after unpaid leave.
- A 20% uplift to cover super, leave loading and contracting risk.
Frequently asked questions
How do I convert my salary to a day rate?
To turn a permanent salary into a contractor rate, divide your annual salary (including super) by your billable hours: 38 hours a week across 44 billable weeks. Then add around 20% to cover the leave, benefits and risk that come with contracting. Or use the calculator above.
How many billable weeks does a contractor work?
The calculator assumes 44 billable weeks a year, after unpaid leave.
Why add a 20% uplift?
The 20% uplift is there to cover super, leave loading and contracting risk.
Should I use my salary including super?
Yes. The calculator is based on your annual salary including super.
We'll negotiate the best rate for you and support you every step of the way.