Pay Raise Calculator

Pay Raise Calculator

Calculate your new pay, raise %, annual increase, and before-vs-after salary comparison.

Used for hourly yearly and monthly conversions.
Optional Settings

Your Raise Results

Old Pay
$0.00
New Pay
$0.00
Raise Amount
$0.00
Raise Percentage
0.00%
Estimated Annual Increase
$0.00
Estimated New Annual Pay
$0.00
Enter your current pay and raise details, then tap Calculate.
Pay TypeBefore RaiseAfter RaiseDifference

How to Use This Pay Raise Calculator

This free Pay Raise Calculator helps you quickly estimate your new pay after a raise. It works for hourly workers, salaried employees, and anyone who wants to compare old pay vs. new pay after a salary increase.

How to Calculate a Pay Raise

  1. Select your pay frequency, such as hourly or annually.
  2. Choose the calculator mode based on what information you already know.
  3. Enter your current pay and either raise percentage, raise amount, or new pay.
  4. Tap Calculate to see your raise amount, new pay, and annual increase.

Pay Raise Formula

New Pay = Current Pay × (1 + Raise % ÷ 100)

Raise % = ((New Pay − Old Pay) ÷ Old Pay) × 100

Raise Amount = New Pay − Current Pay

Hourly vs Salary Raise

If you are paid hourly, this calculator can estimate your weekly, monthly, and yearly earnings based on your hours per week and weeks per year. If you are salaried, it converts your pay into comparable weekly and hourly values where useful.

Common Raise Examples

  • $20/hour with a 10% raise = $22/hour
  • $50,000 salary with a 5% raise = $52,500 salary
  • $800 weekly pay with a $50 raise = $850 weekly pay

Why Use This Calculator?

This tool makes it easier to understand your compensation increase before you accept a job offer, promotion, annual review raise, or pay adjustment. It is especially useful if you want to estimate your yearly earnings increase after a raise.

FAQs

1. How do I calculate my raise percentage?

Subtract your old pay from your new pay, divide by your old pay, then multiply by 100.

2. How much is a 5% raise on $50,000?

A 5% raise on $50,000 is $2,500, making the new salary $52,500.

3. How much is a $2 raise per year for hourly pay?

If you work 40 hours per week for 52 weeks, a $2 hourly raise adds about $4,160 per year before taxes.

4. Can I use this calculator for hourly pay?

Yes. This calculator works for hourly, weekly, biweekly, monthly, and annual pay.

5. Is this calculator accurate?

It provides a strong estimate for raise calculations, but optional tax estimates are simplified and not tax advice.

6. What is a good raise percentage?

That depends on your role, industry, experience, inflation, and company policy. Many annual raises fall between 3% and 5%.

7. Can I compare before and after pay?

Yes. The calculator includes a comparison table for hourly, weekly, monthly, and yearly values.

8. Does this work for salary negotiations?

Yes. It is useful for comparing job offers, promotion raises, and compensation changes.

Tip: Bookmark this page so you can quickly check your future pay raises anytime.