⬆️ Pay Raise Calculator
Got a raise or negotiating one? Enter your current salary and the raise percentage to see the new pay in every period.
How the Pay Raise Calculator works
The new salary is the old salary times (1 + raise %). Monthly is yearly ÷ 12, bi-weekly is yearly ÷ 26, and hourly assumes 2,080 work hours a year.
Step-by-step calculation
- 1Enter your salary.
- 2Enter the raise percentage.
- 3Multiply salary by (1 + raise).
Worked example
A $55,000 salary with a 4% raise becomes $57,200 — $2,200 more a year, $183.33 more a month, or about $1.06 more an hour.
Pay Raise Calculator examples
| Current yearly salary ($) | New salary |
|---|---|
| 27,500 | $28,600.00 / year |
| 41,250 | $42,900.00 / year |
| 55,000 | $57,200.00 / year |
| 68,750 | $71,500.00 / year |
| 82,500 | $85,800.00 / year |
Other inputs kept at the calculator's default values. Results calculated by this calculator.
Why use a Pay Raise Calculator?
See what a raise means per year, month and hour.
Important factors that can affect your results
- Taxes reduce take-home increase.
- Inflation.
- Changes to benefits.
Frequently asked questions
Is the raise before or after tax?
Before tax. Your take-home increase will be smaller after income tax and payroll taxes.
How do I compare a raise to inflation?
If the raise is lower than inflation, your buying power actually goes down.
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Last reviewed November 2026 · How we build and check our tools · Report a problem