Weekly Salary Formula:
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The weekly salary calculation determines gross pay for employees paid hourly in the UK. It multiplies the hourly rate by the number of hours worked per week before any deductions.
The calculator uses the simple formula:
Where:
Explanation: This calculates gross pay before tax, National Insurance, or other deductions.
Details: Understanding weekly pay helps with budgeting, comparing job offers, and ensuring correct payment from employers.
Tips: Enter your hourly rate in GBP and typical weekly hours. The calculator will show your gross weekly pay.
Q1: Is this gross or net pay?
A: This calculates gross pay before any deductions like tax or National Insurance.
Q2: Does this include overtime?
A: No, this is for regular hours only. Overtime would need to be calculated separately.
Q3: What's the UK minimum wage?
A: As of 2023, it varies by age (from £4.81 to £10.42 per hour). Check GOV.UK for current rates.
Q4: How many hours is full-time in UK?
A: Typically 35-40 hours per week, but there's no legal definition.
Q5: How do I calculate monthly salary from this?
A: Multiply weekly salary by 52 then divide by 12 for approximate monthly gross pay.