Enter your current pay (yearly, monthly or hourly) and a raise as a percentage, an amount or your new salary. See the new pay, the extra in each paycheck, what the raise is worth after inflation and how it grows over the years.
| Before | After | Difference |
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Raise over time
| Year | Salary | Raise that year | Total extra earned | In today’s money |
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Common raises on your pay
| Raise | New salary | Extra per year | Extra per month | Extra per paycheck | New hourly rate |
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Updated 24 October 2026. Results are estimates for information only, not financial, tax, legal or investment advice. Actual rates, fees, taxes and rules vary. How our calculators work
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How to use the Pay Raise & Pay Increase Calculator
- Enter your current pay as an annual salary, a monthly salary or an hourly rate, and how often you’re paid.
- Enter the raise as a percentage, an amount per year, or the new pay you were offered (to find the percentage).
- Read the new pay and the extra per paycheck. Add an inflation rate to see the real raise, and set the number of years to see the same raise repeated.
About this tool
A raise is easiest to judge in the units you actually feel: what changes on payday. A 4% raise on $60,000 is $2,400 a year, about $92 more in each biweekly paycheck before tax. The calculator converts any raise into every pay period and works backwards too: enter the new salary an employer offered and it tells you the percentage.
How to calculate a pay raise
- From a percentage: new pay = current pay × (1 + raise ÷ 100). A 3% raise on $50,000 is $50,000 × 1.03 = $51,500, or $1,500 more a year.
- The percentage from a new salary: raise % = (new pay − current pay) ÷ current pay × 100. Going from $50,000 to $53,000 is a 6% raise.
- Per paycheck: divide the yearly increase by your number of paychecks: 26 if you’re paid every two weeks, 24 if twice a month, 12 if monthly. $1,500 a year is $57.69 per biweekly paycheck.
- Hourly: the same percentage applies to your hourly rate. 3% on $20 an hour is $20.60.
The real raise line subtracts inflation. If prices rose 3% and you got 4%, your purchasing power went up by about 1%. A raise below inflation is effectively a pay cut, which is a useful fact to bring to a salary conversation.
The raise over time table repeats the same percentage every year. Because each raise is applied to the already-raised pay, the gains compound: ten 3% raises lift a salary by about 34%, not 30%. The cumulative column adds up every extra dollar earned compared with staying at today’s pay. All figures are gross; see what reaches your bank account with the take-home pay calculator.
Frequently asked questions
How much is a 3% raise on $50,000?
$1,500 a year, which makes the new salary $51,500. That is $125 more a month, or $57.69 more per biweekly paycheck, before tax.
What is a 2 percent raise?
Your pay multiplied by 1.02. On $60,000 that is $1,200 more a year ($100 a month); on $25 an hour it is 50 cents more an hour.
How do I calculate a raise percentage?
(New pay − old pay) ÷ old pay × 100. Choose “New pay” as the raise type and the calculator does it for you.
How do I calculate a monthly salary increment?
Choose “Monthly salary” as your current pay and enter the increment as a percentage or amount. A 5% increment on 4,000 a month is 200 more a month, or 4,200.
How much will my salary be after 5 or 10 years of raises?
Set the years under “Raise over time”. With the same raise each year, salary after n years = current salary × (1 + raise)ⁿ. At 3% a year, $60,000 becomes about $69,556 after 5 years and $80,635 after 10.
What is a typical annual raise?
There is no single figure: it depends on employer, industry, country and year, and published averages move with inflation. Merit and cost-of-living increases are usually modest, promotions larger, and changing employer often produces the biggest jump. Treat any benchmark as a rough anchor rather than a target.
Why is my paycheck increase smaller than shown?
These are gross figures. Income tax and other deductions come out of the extra pay too, so the net increase is smaller. In the US, each extra dollar is taxed at your marginal rate plus 7.65% for Social Security and Medicare.