Pay Raise Calculator
Enter your current salary and your raise (as a % or $) to see your new pay.
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Salary increase calculator table
| Current salary | +3% raise | +5% raise | +10% raise |
|---|---|---|---|
| $40,000 | $41,200 | $42,000 | $44,000 |
| $50,000 | $51,500 | $52,500 | $55,000 |
| $60,000 | $61,800 | $63,000 | $66,000 |
| $75,000 | $77,250 | $78,750 | $82,500 |
| $100,000 | $103,000 | $105,000 | $110,000 |
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Frequently asked questions
How do I calculate a pay raise?
Multiply your current salary by the raise percentage and add it on. A 5% raise on $60,000 is $60,000 × 0.05 = $3,000, for a new salary of $63,000.
How do I work out my raise as a percentage?
Divide the increase by your old salary and multiply by 100. Going from $60,000 to $64,500 is a $4,500 increase: 4,500 ÷ 60,000 × 100 = 7.5%.
What is a good raise?
Many US employers budget around 3% to 4% for annual merit raises. A raise below the inflation rate means your pay buys less than before. Promotions and job changes often bring 10% or more.