Free salary and wage tool

Pay Raise Calculator

Turn a percentage or fixed-dollar raise into your new hourly, weekly, monthly, and annual pay.

Your raise

Enter your current pay

How is the raise stated?
Enter 5 for a 5% raise.

Your result

See the raise in every pay period

We will show your new hourly, weekly, biweekly, monthly, and annual pay side by side.

Related calculators

Answer the next salary question

Reverse the calculation when you know the old and new pay, or project recurring raises over several years.

How it works

One raise, translated into every pay period

Employers may describe the same increase as a pay raise, wage increase, salary increase, or pay increase. The arithmetic is the same: normalize the current pay, apply the raise, and convert the result back into useful periods.

Step 1

Start with current pay

Enter hourly, weekly, biweekly, monthly, or annual pay. Hourly calculations also use your weekly hours.

Step 2

Apply the raise

Use a percentage such as 5%, or enter a fixed dollar increase in the same pay period.

Step 3

Compare before and after

Review the increase and new gross pay by hour, week, two weeks, month, and year.

Formula and example

Pay raise formula

For a percentage raise: new pay = current pay × (1 + raise percentage ÷ 100).

Example: a 5% raise on a $60,000 salary is $60,000 × 0.05 = $3,000. Add the increase to the original salary for a new annual salary of $63,000, or $5,250 per month before deductions.

Pay Raise Kit provides mathematical estimates for general information. Results are gross pay before taxes and deductions and are not tax, legal, financial, or employment advice.

Common questions

Pay raise calculator FAQ

How do I calculate a pay raise?

Multiply your current pay by the raise percentage, then add that increase to your current pay. A 5% raise on $60,000 adds $3,000 for a new annual salary of $63,000.

Can I calculate a raise for hourly pay?

Yes. Choose Hourly, enter your hourly wage and weekly hours, then enter either a percentage raise or a fixed hourly increase.

What is the difference between a raise percentage and a raise amount?

A percentage raise scales with your current pay. A fixed raise adds a specific dollar amount in the pay period you selected.

Does this calculator include taxes or deductions?

No. Results are gross pay estimates before taxes, benefits, retirement contributions, and other payroll deductions.