Pay Raise Calculator
Work out your new salary after a raise. Enter your current pay and either a raise percentage or a flat dollar amount, and the calculator fills in the rest, including your monthly increase.
How to use the pay raise calculator
- Enter your current salary.
- Choose to enter the raise as a percentage or as a flat amount.
- Read your new salary, the total increase and how much more you earn each month.
Examples
A 5% raise on a 50,000 salary
currentSalary: 50000, raisePercent: 5
New salary 52,500, increase 2,500 (5%), about 208.33 more per month
Frequently asked questions
How do I calculate my new salary after a raise?
Multiply your current salary by the raise percentage to get the increase, then add it to your current salary. A 5% raise on 50,000 adds 2,500, for a new salary of 52,500. You can also enter a flat raise amount and the tool finds the matching percentage.
How is the monthly increase worked out?
The annual increase is divided by 12. A 2,500 yearly raise is about 208.33 more per month before tax. This assumes the raise is spread evenly across the year.
Can I enter a flat dollar raise instead of a percent?
Yes. Switch the input to a flat amount and enter the dollars added to your salary. The calculator shows the equivalent percentage so you can compare offers.
Does this account for taxes?
No. The figures are gross, before income tax, payroll deductions and benefits. Your take-home increase will be smaller. Use a take-home pay calculator to estimate the net amount.
Is my salary data private?
Yes. The calculation runs entirely in your browser. Nothing you enter is sent to a server or stored anywhere.
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