Pay raise calculator

💰 Salary Tool

Pay Raise
Calculator

Calculate your new salary after a raise — enter a percentage or flat amount, model bonuses, compare year-by-year projections, and see your real inflation-adjusted gain.

💼 Career & Salary Friendly
⚡ Fast Raise Calculations
📊 Professional Compensation Insights
Enter the percentage increase (e.g. 5 for a 5% raise)
For real wage growth calc
New annual salary
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Up from —
Raise %
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Raise amount
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Monthly (new)
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Total comp
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💵 Pay breakdown — before vs after
Monthly income
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Weekly income
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Hourly rate
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📊 Salary growth projection (green = new salary · blue = future years)
📈 Year-by-year salary projection (same raise % repeated)
YearAnnual Salaryvs. New Salary
💡 Raise insights:
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ℹ️ This calculator provides estimation-based compensation calculations. Results are gross figures before tax, National Insurance, pension contributions, or other deductions. Actual take-home pay will be lower depending on your tax jurisdiction and deductions.

Pay Raise Calculator: Calculate Salary Increases Instantly

Whether you’ve just received a performance review offer, are negotiating a new salary, or planning your career growth — understanding exactly what a raise means in real money is essential. This free pay raise calculator converts any percentage or flat-amount raise into annual, monthly, weekly, and hourly figures, models year-by-year compounding salary growth, and adjusts for inflation to show your real wage gain.

💰 Key formulas: New salary = Current salary × (1 + raise%)  ·  Raise amount = New salary − Current salary  ·  Monthly increase = Annual raise ÷ 12  ·  Real raise = Nominal raise % − Inflation %

What Different Raise Percentages Are Worth

Current Salary3% raise5% raise10% raiseMonthly extra (5%)
$40,000$41,200$42,000$44,000+$167/mo
$60,000$61,800$63,000$66,000+$250/mo
$80,000$82,400$84,000$88,000+$333/mo
$100,000$103,000$105,000$110,000+$417/mo
$120,000$123,600$126,000$132,000+$500/mo
$150,000$154,500$157,500$165,000+$625/mo

Salary Negotiation Tips

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Know your market rate

Research salaries on Glassdoor, LinkedIn Salary, and Levels.fyi before any negotiation. Present a specific number backed by data — “I’ve found that similar roles in this market pay $X–$Y” is far more effective than a vague request for “more money.”

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Quantify your impact

Employers respond to numbers. “I increased sales by 23%”, “I reduced processing time by 40%”, or “I managed a $500k budget” gives concrete justification for a raise. Document achievements throughout the year, not just at review time.

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Time it right

The best time to negotiate is after a major win, before your annual review cycle, or when accepting a new role. Job offers from competitors give the strongest leverage — even if you don’t want to leave, a competing offer can unlock a raise that performance reviews alone wouldn’t.

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Think total compensation

Salary is one component. A raise negotiation can also include equity (RSUs), bonuses, pension contributions, flexible working, extra leave, and professional development budgets. A 5% salary raise plus 5 extra days of leave may be worth more than a 7% salary raise alone.

Related Salary Calculators

Frequently Asked Questions

How do I calculate a pay raise?
There are two methods. For a percentage raise: multiply your current salary by the raise percentage and divide by 100 to get the raise amount, then add it to your current salary. Example: $60,000 × 5% = $3,000 raise → new salary $63,000. For a flat-amount raise: simply add the raise to your current salary. To find the percentage: divide the raise amount by the current salary and multiply by 100. Example: $3,000 ÷ $60,000 × 100 = 5%. The calculator above handles both methods instantly.
What is a good salary increase percentage?
Context matters significantly, but as general benchmarks: 1–2% is a token raise, often below inflation. 3–4% is the typical annual cost-of-living adjustment at most companies. 5–7% is a strong performance raise. 8–15% often indicates a promotion or significant role expansion. 15–30%+ usually requires changing employers or a major title jump. In high-inflation periods (4%+), anything below the inflation rate represents a real pay cut despite the nominal increase.
How much is a 5% raise worth?
A 5% raise on a $60,000 salary = $3,000/year = $250/month = $57.69/week. On a $100,000 salary, a 5% raise = $5,000/year = $417/month. The monthly figure is the most practical — it directly tells you how much extra you’ll see in each paycheck. The calculator above shows all breakdowns (annual, monthly, weekly, hourly) simultaneously for any salary and raise combination.
How does inflation affect a pay raise?
Your “real” raise is your nominal raise percentage minus the inflation rate. If you receive a 4% raise when inflation is 3.5%, your real purchasing power increased by only 0.5%. If inflation is running at 4% and you receive a 3% raise, you’ve effectively taken a 1% pay cut in real terms — your salary goes up but buys less. Use the inflation field in this calculator to see your real wage growth after accounting for the current inflation rate.
How do bonuses affect total compensation?
Bonuses are typically paid separately from base salary and may be guaranteed or performance-contingent. When calculating total compensation, add your expected annual bonus to your base salary. A $70,000 salary with a $10,000 annual bonus is $80,000 total comp — equivalent to a 14.3% effective raise over base. For negotiation purposes, always evaluate the full package: base salary, bonus target, equity, benefits, and non-monetary perks.
Can I calculate hourly wage increases?
Yes — select “Hourly” as the pay frequency and enter your hourly rate. The calculator converts your hourly rate to annual, monthly, and weekly equivalents using your specified hours per week (default 40), then applies the raise percentage to all figures. For example, going from $25/hr to $27/hr ($2 raise) is an 8% raise = $4,160/year extra based on a 40-hour week. You can enter hours per week in the advanced options for non-standard work schedules.

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