Pay Raise Calculator | New Salary and Increase Amount
Calculate new monthly salary, monthly increase, and annual increase from current salary and raise percentage.
Pay Raise Result
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Calculate a Salary Raise by Percentage
Enter current monthly salary and raise percentage to calculate the new salary, monthly increase, and estimated annual increase.
Gross Raise and Take-Home Pay Differ
A raise can affect tax brackets, deductions, benefits, overtime, and bonuses. Treat this as a gross salary estimate unless your payroll rules are included.
About This Tool
Pay Raise Calculator works out the new salary, the increase amount, and the percentage change from a current salary and a raise percentage or fixed amount. It also shows the monthly and weekly equivalent after the raise.
When to Use It
Use this when evaluating a job offer or promotion to understand the actual take-home impact, when calculating the cost of a pay rise for budgeting purposes, or when negotiating and you want to quickly compare different raise scenarios.
How to Use
- Enter your current annual salary.
- Enter the raise as a percentage or a fixed amount.
- Click Calculate to see the new salary and the change in monthly and weekly pay.
Frequently Asked Questions
What is a typical annual pay raise?
In most economies a cost-of-living raise of 2 to 4 percent is common. A merit-based raise of 5 to 10 percent reflects strong performance. Promotions often carry 10 to 20 percent or more.
How do I calculate what raise keeps pace with inflation?
Enter the current inflation rate as the raise percentage. The result shows the salary needed to maintain the same purchasing power.
Does the calculator show the after-tax increase?
The calculator shows gross salary figures. Tax impact depends on your tax band and deductions, which vary by country and individual circumstances.