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Pay Raise Calculator

Enter your current pay and raise to see your new salary across every timeframe.

Pay Details
$

Raise

%

How to Use This Calculator

Choose annual or hourly pay, enter your current rate, then enter your raise as either a percentage or a flat dollar amount. For hourly workers, you can also enter new hours per week to see how more time on the clock changes your annual total — separate from your rate increase. Hit "Calculate" to see the full breakdown across every pay period.

What's a Good Raise Percentage?

A 3–5% raise typically keeps pace with the cost of living. A merit raise for strong performance usually lands between 5–10%. A promotion or job change can bring 10–20% or more. If you've been with a company several years without a raise, even matching inflation may put you behind in real purchasing power — so knowing the numbers helps you negotiate confidently.

Frequently Asked Questions

Multiply your salary by 0.05 to get the raise amount, then add it back. This calculator does it automatically across all timeframes.

A 3% raise roughly keeps pace with inflation in most years. Merit raises are typically 5–10%.

Based on a 40-hour week, a $1/hour raise equals roughly $2,080 more per year.

It increases your total pay, but not your rate. Use the "increased hours" fields to see how much extra you'd earn annually from additional hours.