How do you calculate a pay raise?
Multiply current salary by (1 + raise percent / 100).
Pay Raise Calculator
Project your new pay after a percentage raise and see how many dollars that increase adds.
Enter current pay and raise
Provide current salary and the raise percentage you expect or received.
About this calculator
How to use Pay Raise Calculator, plus the formulas and logic behind the results.
Tool description
A percent raise scales current salary by (1 + raise%). The increase amount is the difference between new and old pay.
How to use
- Enter your current salary (annual or any consistent period).
- Enter the raise as a percent.
- Select Calculate to view new salary and increase.
- Use the same period for current and new results.
Formulas & reference
New salary = current × (1 + raise% ÷ 100)Increase amount = new salary − current salary
Raise examples
- $50,000 + 5% → $52,500
- Increase amount = $2,500
- 3% of $60,000 = $1,800
- Negative % models a pay cut
Calculation logic
Current salary is multiplied by one plus the raise rate. The dollar increase is new pay minus current pay.
Enter annual, monthly, or hourly figures consistently—the raise math is the same for any period.
Pay Raise Calculator FAQ
Common questions about the calculation and how to interpret the estimate.
What is the increase amount?
It is the new salary minus the current salary.
Can I use monthly salary?
Yes. Keep the period consistent for current and new pay.
Does a 5% raise compound yearly?
Each raise applies to the then-current salary. This tool models one raise at a time.
Can raise percent be zero?
Yes. New salary equals current salary and the increase is $0.
Are taxes included?
No. Results are gross pay before deductions.