Pay Raise Calculator
Enter your current pay and the raise as a percentage, or switch modes and enter your new pay to find the percentage.
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New yearly pay
Is your raise keeping up?
A raise smaller than inflation is a pay cut in real terms. If prices rose 3% over the year, a 2% raise leaves you about 1% worse off. Average US merit raises have run around 3–4% in recent years.
See what the raise means after taxes with the take-home pay calculator.
Money calculators
Questions
How do I calculate a raise percentage?
Subtract your old pay from your new pay, divide by your old pay, and multiply by 100. $60,000 to $63,000 is a 5% raise.
How much is a 3% raise on $50,000?
$1,500 a year, for a new salary of $51,500, or about $0.72 more an hour at 40 hours a week.