Translate a percentage raise into a real dollar figure and your new annual salary.
How the Pay Raise Calculator works
New salary = current salary × (1 + raise % ÷ 100). The calculator also shows the dollar increase.
Example calculation
A 5% raise on $60,000 adds $3,000, for a new salary of $63,000.
Tips for using the Pay Raise Calculator
- A raise only grows real income if it beats inflation.
- Negotiate using market data and results.
- Factor raises into long-term savings goals.
Pay Raise Calculator — frequently asked questions
- Does a raise keep up with inflation?
- Only if the raise percentage meets or beats inflation; otherwise real pay falls.
- Negotiating?
- Know your market rate and frame requests around results and comparable pay.
- Does a raise keep up with inflation?
- Only if the percentage meets or exceeds inflation; otherwise real pay falls.
- How do I ask for a raise?
- Document achievements and comparable market pay before the conversation.
Related calculators
Salary to Hourly Calculator · Hourly to Salary Calculator · Overtime Pay Calculator · Take-Home Pay Calculator · Net Worth Calculator · Mortgage Calculator