Pay Raise Calculator
A percentage raise is hard to picture. This converts it into your new salary — and what actually changes in each paycheck.
Your numbers
Editing either the percentage or the new amount updates the other.
Your result
Gross pay before taxes and deductions. Your take-home increase will be smaller after tax withholding.
How a pay raise is calculated
The math is simple: new pay = current pay × (1 + raise %). A 5% raise on $60,000 is $60,000 × 1.05 = $63,000. What matters day to day is the per-paycheck figure — that same raise is $115.38 more per biweekly paycheck, before taxes.
New annual pay = current annual pay × (1 + raise % ÷ 100). Biweekly pay = annual pay ÷ 26. Monthly pay = annual pay ÷ 12.
Raises also compound over a career. Percentage raises apply to a larger base each year, and many retirement contributions (like a 401(k) match) are a percentage of salary, so a raise quietly increases those too.
Frequently asked questions
Is a 3% raise good?
It depends on inflation. If prices rose 3% in the same year, a 3% raise keeps your buying power flat rather than increasing it. Raises above the inflation rate are real gains; raises below it are effectively small pay cuts in what your money buys.
How much of my raise will I actually take home?
Roughly your gross increase minus your marginal tax rate and any payroll deductions. Someone in the 22% federal bracket with state tax and FICA might take home about 60–70% of the gross raise. This calculator shows gross figures because take-home depends on your full tax situation.
How do I convert hourly pay to a salary?
Multiply your hourly rate by hours per week, then by 52 weeks. At 40 hours a week, that's rate × 2,080 hours — so $30/hour ≈ $62,400/year. This calculator does the conversion automatically when you switch to “Hourly wage.”