How pay is converted between periods
Everything goes through a yearly figure first. Your pay is turned into a yearly amount, then divided back down into each period:
- Yearly = hourly rate × hours per week × 52
- Weekly = yearly ÷ 52
- Fortnightly = yearly ÷ 26
- Monthly = yearly ÷ 12
- Daily = weekly ÷ days worked per week
So $30 an hour for 40 hours a week is $30 × 40 × 52 = $62,400 a year. That's $1,200 a week, $2,400 a fortnight, $5,200 a month or $240 a day over a five-day week.
Going the other way, a salary is divided by your yearly hours. $62,400 ÷ (40 × 52) = $30 an hour.
Hourly rates as a yearly salary
At 40 hours a week, for 2026–27, with 3.5% KiwiSaver, no student loan and the independent earner tax credit where it applies:
| Hourly | Yearly before tax | Weekly before tax | Take-home a year | Take-home a week |
|---|---|---|---|---|
| $23.95 (minimum wage) | $49,816 | $958 | $40,094.86 | $771 |
| $25 | $52,000 | $1,000 | $41,782.00 | $804 |
| $30 | $62,400 | $1,200 | $48,703.50 | $937 |
| $35 | $72,800 | $1,400 | $54,917.50 | $1,056 |
| $40 | $83,200 | $1,600 | $61,498.50 | $1,183 |
| $50 | $104,000 | $2,000 | $74,342.50 | $1,430 |
How take-home pay is worked out
The take-home column uses the same sums as the take-home pay calculator. From your yearly pay it takes off income tax by bracket, the ACC earners' levy (1.75% up to $156,641), KiwiSaver if you're in it, and student loan if you have one. It adds back the independent earner tax credit if you earn between $24,000 and $70,000.
On $62,400 a year with 3.5% KiwiSaver:
- Income tax: $1,638 + $6,632.50 + $2,670 = $10,940.50
- ACC: $62,400 × 1.75% = $1,092
- KiwiSaver: $62,400 × 3.5% = $2,184
- Independent earner tax credit: +$520
- Take-home: $48,703.50 a year, about $937 a week
See every deduction, line by line, for any pay.
Take-home pay calculator →The minimum wage
From 1 April 2026 the adult minimum wage is $23.95 an hour. At 40 hours a week that's $958 a week or $49,816 a year before tax. The starting-out and training minimum wage is $19.16 an hour.
The calculator compares your hourly rate with the adult minimum. If you're on a salary, it works out your hourly rate from the hours you enter, so put in the hours you really work.
Related tools
Got a student loan? The student loan calculator shows what comes out of each pay and when it'll be paid off. Not sure of your tax code? Try the tax code finder. The KiwiSaver calculator shows what your employer and the government add.
Questions people ask
How much is $30 an hour a year in NZ?
$62,400 a year before tax, at 40 hours a week ($30 × 40 × 52). After tax, ACC and 3.5% KiwiSaver that's about $48,703.50 a year, or $937 a week, in 2026–27.
How do I convert a salary to an hourly rate?
Divide your yearly salary by the hours you work in a year. At 40 hours a week that's 2,080 hours, so $62,400 a year is $30 an hour.
Why isn't monthly pay four times weekly pay?
A year has 52 weeks but only 12 months, so a month is about 4.33 weeks. Monthly pay is yearly pay ÷ 12, which is a bit more than four weeks' pay.
What is the minimum wage in NZ in 2026?
$23.95 an hour for adults from 1 April 2026. The starting-out and training rate is $19.16 an hour.
How accurate is the take-home figure?
It works on a yearly basis and divides down, so it will be within a few dollars of your payslip. Secondary jobs, special tax codes, overtime and bonuses are taxed differently and aren't covered here.
Is my information saved?
No. The sums run in your browser, and nothing you type leaves your device.