minimum wage
Understanding the Minimum Wage in 2026: Hourly Rates, Annual Salary and Hours Worked
Convert minimum wage hourly rates to annual salary for full-time and part‑time work. Latest 2026 UK rates, ONS benchmarks and conversion tips.
Shift tape · UK
Measure any UK hourly rate across a working year. Pull the tape — annual pay prints at the tip.
Pull → year
£563/wk ·£2,438/mo
£29,250
Formula: hourly × hours/week × 52 · tip shows annual gross
Rate
Start with £/hour
Your contracted hourly rate before tax.
Hours
Set the week
37.5 hrs is a common UK full-time week.
Year
Stretch ×52
The tape tip prints annual gross pay.
Each cell is one working week. At 37.5 hrs/week you stack fifty-two of them into a year — that is the tape length.
×52
Full-time ladder lit · part-time shortens the lit run proportionally
minimum wage
Convert minimum wage hourly rates to annual salary for full-time and part‑time work. Latest 2026 UK rates, ONS benchmarks and conversion tips.
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Same hours assumption (37.5/week) so hourly rates line up as annual figures.
gross £ / year
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NLW 21+: £12.71/hr