Hourly wage to monthly salary, and back

To go from an hourly to a monthly salary at full time, multiply the hourly wage by 173.33. SEK 165 an hour is SEK 28,600 a month. The other way round, divide the monthly salary by 173.33, so SEK 30,000 a month is SEK 173.08 an hour.

The calculator does it for you, part time too. It works on gross pay before tax, without unsocial-hours supplements (OB), overtime or holiday pay.

Hourly and monthly pay

Hours per month

40 is full time. Type 30 for 75%.

Gross pay before tax. Unsocial-hours supplements, overtime and holiday pay are not included.

Do you have hourly staff? In Klokka you both see the month's hours and pay, without converting anything.

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The formula

At 40 hours a week that is 40 × 52 ÷ 12 = 173.33 hours a month.

  • Monthly salary = hourly wage × hours per month
  • Hourly wage = monthly salary ÷ hours per month
  • Hours per month = hours per week × 52 ÷ 12

Why 173.33 and not 160 or 176?

A month is not four weeks. A year has 52 weeks and 12 months, so the average month has 4.33 weeks. Four weeks (160 hours) makes the monthly figure too low, and one month's working days give a number that keeps moving: October 2026 has 176 hours, February 160.

40 hours is the cap on ordinary working time in the Swedish Working Hours Act (section 5). If the employment contract or collective agreement states another number, that applies. Choose Your own number from the contract.

Part time

Same formula, fewer hours: at 30 hours a week (75%), SEK 165 an hour is SEK 21,450 a month, at 20 hours (50%) SEK 14,300. To turn a percentage of full time into hours, use the full-time and part-time hours calculator.

The average is not an hourly employee's pay

The conversion is an average. It helps when you compare an offer or set the rate for a new hire, but someone paid by the hour is paid for the hours they actually worked. Sara works 92 hours in October at SEK 165 and earns SEK 15,180 before tax.

Holiday pay comes on top: 12% of pay for someone paid by the hour (Annual Leave Act, sections 16 and 16 b). Work it out with the holiday pay calculator.

How Klokka does it

In Klokka you set an hourly rate per person and turn on Show pay to employees. The pay then shows next to the hours, for both of you: with 92 hours in October, you and Sara see the same SEK 15,180.

Questions

What is SEK 170 an hour as a monthly salary?

At full time, 40 hours a week: 170 × 173.33 = SEK 29,467 a month before tax.

How do I work out a monthly salary from an hourly wage?

Hourly wage × hours per week × 52 ÷ 12. At SEK 150 and 30 hours a week: 150 × 30 × 52 ÷ 12 = SEK 19,500.

Is hourly pay or a monthly salary better?

A monthly salary is the same every month; hourly pay follows the hours, up and down. If the work is even, it matters less. With hourly pay, holiday pay is 12% of pay (Annual Leave Act, sections 16 and 16 b), unless a collective agreement says otherwise.

Set the rate once.

Klokka adds up hours and pay for both of you, every day. Free to use.