Pay Raise Calculator
Calculate your new salary after a percentage raise — or the raise percentage between an old and new salary — per year, month and hour.
For information and education only — not financial advice. Results are estimates based on the numbers you enter; check important decisions with a qualified professional.
How to use
- 1Enter your current salary.
- 2Enter the raise as a percentage, or enter the new salary to see the percentage.
How it's calculated
New salary = old × (1 + raise %). Raise % = (new − old) ÷ old × 100.
Frequently asked questions
What's a typical raise?
In the US, annual merit raises have typically been around 3–4%. Promotions and job changes often bring 10–20%.
Does my raise beat inflation?
Subtract the inflation rate from your raise percentage for the real increase. A 3% raise with 3% inflation leaves buying power flat.
How much more will I take home?
Less than the gross raise, because tax and deductions apply to the extra pay — often at your highest marginal rate.