Pay raise calculator
Find your new salary after a raise, or the percentage raise between your old and new pay.
About the pay raise calculator
Before you ask for a raise, or after you are offered one, it helps to know what the numbers really mean. This calculator works in two directions. Enter your current pay and a percentage to see the new figure, or enter two salaries to see how big the jump is. It runs in your browser and stores nothing.
How it works
- New salary = current salary x (1 + raise percentage / 100).
- Raise amount = new salary minus current salary.
- Raise percentage = (new salary minus current salary) / current salary x 100.
- Worked example: a salary of 50,000 with a 4 percent raise becomes 50,000 x 1.04 = 52,000, an increase of 2,000.
- The calculator treats the raise as a single step on gross pay. It does not account for tax, bonuses or later cost of living changes.
How to use it
Step 1
Choose whether you want a new salary from a percentage, or a percentage from two salaries.
Step 2
Enter your current pay and either the raise percentage or the new pay.
Step 3
Read the new salary, the raise amount and the percentage in the results.
Good to know
- Compare the raise with how much living costs rose in your area over the same period. A 3 percent raise can still be a pay cut in real terms.
- When you ask for more, name a specific figure and a reason, such as added duties or a new qualification, rather than only a percentage.
- Check the raise against the monthly figure too. Seeing the extra amount per month often makes a small raise easier to judge.
Questions
Does a 10 percent raise followed by a 10 percent cut return me to the start?
No. A 10 percent raise on 100 gives 110, and a 10 percent cut on 110 gives 99. The second percentage applies to a larger number.
Is the new salary before or after tax?
It is gross, so tax is not included. A raise can move part of your pay into a higher tax band in some countries.
Can I use it for hourly pay?
Yes. The maths is the same for any pay period, so enter your hourly rate in place of a salary.