Raise Calculator: Salary Increase and New Pay
Work out your new salary after a raise by percentage or amount, the raise per hour, week, month and year, and your real raise after inflation.
| Before | After | Difference | |
|---|---|---|---|
| Hourly | |||
| Weekly | |||
| Monthly | |||
| Annual |
What it does
A pay raise can be given as a percentage, as an amount or as a new salary. The calculator turns any of them into the other two and shows the new pay per hour, week, month and year, using 52 weeks a year and the hours you work per week. With the inflation rate it also shows the real raise, the growth of your purchasing power.
How to use it
- Type your current salary and choose whether it is per year, month, week or hour.
- Choose how the raise is given (percentage, amount or new salary) and type it, plus your hours per week and the inflation rate.
- See the new salary, the raise in percent, how much more you earn per month and per year, and the real raise.
The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.
Frequently asked questions
How do I calculate a raise percentage?
Divide the new salary by the old one and subtract 1. Going from 4,000 to 4,500 a month is a 12.5% raise, 6,000 more a year.
What is a real raise?
It is the raise after inflation: (1 + raise) ÷ (1 + inflation) − 1. A 5% raise with 3% inflation is a real raise of about 1.9%.
How much is a 5% raise on 60,000?
3,000 more a year, for a new salary of 63,000, or 250 more a month. With 40 hours a week, the hourly rate goes from 28.85 to 30.29.
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