Enter your current pay and a raise as a percentage or an amount to see your new salary, hourly rate, and the extra in each paycheck — plus what’s left after inflation.
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How to use the Pay Raise Calculator
- Enter your current pay — annual salary or hourly rate — and how often you’re paid.
- Enter the raise as a percentage, a yearly amount, or your new salary (to work out the percentage).
- See the new salary and hourly rate, the extra per paycheck, and — with an inflation rate — how much of the raise is real.
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, which is about 92 extra per biweekly paycheck before tax. The calculator does that conversion for any pay frequency, and works backwards too — enter the new salary an employer offered and it tells you the percentage.
The real raise line subtracts inflation. If prices rose 3% and you got 4%, your purchasing power went up about 1%. If your raise is below inflation, you have effectively taken a pay cut — a useful fact to bring to a salary conversation. All figures are gross; your take-home increase will be smaller after tax.
Frequently asked questions
What is a typical annual raise?
Cost-of-living or merit increases are commonly 3–5%. Promotions typically bring 10–20%. Changing employers often yields the largest jumps.
How do I calculate a raise percentage?
(New salary − old salary) ÷ old salary × 100. Choose “I know my new salary” and the calculator does it for you.
Why is my paycheck increase smaller than shown?
These are gross figures. Income tax and other deductions are taken from the extra pay, so the net increase is usually 60–80% of the gross figure depending on your tax bracket.
What does the real raise mean?
The raise adjusted for inflation: roughly your raise percentage minus the inflation rate. It shows whether your standard of living actually improved.