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Pay Raise Calculator

See exactly what a raise is worth. Enter your current pay and the raise — as a percentage or a flat amount — and get your new pay plus the increase per year, per month and per paycheck.

Quick examples
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Your numbers stay in your browser. Nothing is uploaded.
New pay$54,080.00
Increase
$2,080.00
Raise percentage
4%
New annual pay
$54,080.00
Extra per year
$2,080.00
Extra per month
$173.33
Extra per biweekly paycheck
$80.00

Saved setups

Save a set of inputs you reuse — your usual rate, your loan, your room sizes — and load it back in one tap.

    Your recent calculations

    Results you calculate here are kept on this device so you can come back to them.

      Formula

      Increase = current pay × raise % ÷ 100
      New pay = current pay + increase
      Extra per year (hourly) = increase × hours per week × 52

      How to use it

      1. Choose whether you are paid a salary or by the hour.
      2. Enter your current pay.
      3. Enter the raise as a percentage or as a flat amount.
      4. Compare the new pay and the extra per paycheck before tax.

      Worked examples

      A 4% raise on a $52,000 salary

      New pay
      $54,080.00
      Increase
      $2,080.00
      Extra per month
      $173.33
      Extra per biweekly paycheck
      $80.00

      A $1.50 raise on $20 an hour, 40 hours a week

      New pay
      $21.50
      Raise percentage
      7.5%
      New annual pay
      $44,720.00
      Extra per year
      $3,120.00

      What counts as a good raise

      A raise only improves your standard of living if it is larger than inflation over the same period. A 3% raise in a year with 3% inflation leaves your buying power unchanged.

      Typical annual merit increases in the US run around 3–4%. Promotions more often bring 8–15%, and changing employers frequently brings more than either.

      Why a percentage compounds

      Each percentage raise is applied to a larger base than the last. Three 4% raises in a row lift pay by 12.49%, not 12%. Over a career, an extra percentage point negotiated early is worth far more than it looks.

      Questions people ask

      How much is a 3% raise on $50,000?

      $1,500 a year, for a new salary of $51,500. That is $125 a month, or about $57.69 per biweekly paycheck before tax.

      How much is a $1 an hour raise per year?

      At 40 hours a week, $1 more an hour is $2,080 more a year before tax (40 × 52 = 2,080 hours).

      Is the increase before or after tax?

      Before tax. Your take-home increase will be smaller; put the new figure through a net pay estimate to see the difference in your pocket.

      Related calculators

      Raise Percentage CalculatorWhat percent raise is it from old pay to new pay?Hourly to Salary CalculatorTurn an hourly wage into yearly, monthly and weekly pay.Net Pay CalculatorEstimate take-home pay with your own tax rates.Bonus CalculatorBonus amount from a percentage, and what you keep.