How to convert salary to hourly?▼
Divide annual salary by total working hours per year. If working 40 hrs/week for 48 weeks: ₹12L ÷ 1920 hours = ₹625/hr.
What's a good freelance rate?▼
As a freelancer, multiply your salaried hourly rate by 1.5-2x to account for taxes (no employer contribution), insurance, no paid leave, equipment, and business overhead.
Why use 48 weeks instead of 52?▼
Most people get 4 weeks of leave (annual + sick + holidays). Using 48 working weeks gives a more realistic hourly rate from salary.
What overhead should freelancers include?▼
Factor in: health insurance, retirement savings, equipment, software licenses, internet, co-working, accounting fees. Typically 25-40% of income.