Calculator

Pay Raise Calculator

See your new salary and how much more you'll take home — or work out the percentage of a raise from two figures.

From a raise percentage

$
New salary
Increase / year
Increase / month

Or find the percentage

$
$
Raise percentage
Difference / year

How a pay raise is calculated

A raise expressed as a percentage is applied to your current salary:

New salary = Current × (1 + raise% ÷ 100)

So a 5% raise on $50,000 adds $2,500, bringing you to $52,500. To find the percentage between two salaries, use (new − current) ÷ current × 100.

Is your raise keeping up with inflation?

A raise only increases your buying power if it beats inflation. If prices rose 4% over the year and your raise is 3%, you've effectively taken a small pay cut in real terms. When negotiating, it's worth knowing the recent inflation rate so you can aim above it.

Before you accept

Frequently Asked Questions

How do I calculate a pay raise percentage?

Divide the raise amount by your current salary, then multiply by 100. For example, a 3,000 dollar raise on a 60,000 dollar salary is a 5 percent raise. This tool works out your new salary and the percentage instantly.

What is a good pay raise percentage?

Typical annual raises often fall around 3 to 5 percent, while a promotion or a job change can bring 10 to 20 percent or more. What counts as good depends on your role, performance, and the market.

How much is a 5 percent raise?

Multiply your salary by 0.05. On a 50,000 dollar salary, a 5 percent raise is 2,500 dollars, taking you to 52,500 dollars a year. Enter your own numbers above for your exact figure.

Does a raise affect my future earnings?

Yes, significantly. Because future raises and job offers are often based on your current pay, a higher salary now lifts your earnings for years. See our guide on negotiating a higher salary.