Day rate → salary
Day rate to salary calculator
Your assumptions — 220 days · €5,000 expenses · 5% pension · Medium risk
“Same take-home” compares cash in your account. “Like-for-like” is the salary whose package this rate matches once gaps, sick days and benefits are priced — the fairer comparison when weighing a contract against a permanent offer.
How to read the result
A day rate multiplied by 220 looks like a salary but is not one. Before it reaches you, it pays your business costs, your pension and self-employed tax — and it has to carry you through sick days and the weeks between contracts. The like-for-like salary answers the question most people are really asking: would I be better off taking the permanent job?
Use it as one input. Security, career direction and the work itself are not in any calculator.
Questions
What salary is €700 a day equivalent to in Ireland?
It depends on billable days, expenses, pension and how much contract risk you carry — enter €700 above to see it on your assumptions. Two answers matter: the salary with the same take-home (cash only), and the like-for-like salary once paid leave, sick pay, benefits and gaps are priced in, which is lower.
Why are there two salary figures?
The same-take-home salary compares what reaches your bank account. The like-for-like figure accounts for what a permanent job adds on top — paid sick days, an employer pension, benefits and continuity between projects — so it is the fairer comparison.
Does this include VAT?
No. Day rates are shown excluding VAT, which is collected for Revenue rather than earned.