Pay Raise Calculator
Calculate how a percentage raise changes your hourly, weekly, monthly, or annual pay.
How to use the pay raise calculator
Choose Raise percentage to enter current pay and an increase, or choose Compare old and new pay to measure a known change. Select the pay frequency that matches your amount. Hourly pay can include hours per week for an annualized estimate.
Pay raise formula
Raise amount = current pay x raise percentage / 100
New pay is current pay plus the raise amount. For example, a 5% increase on $60,000 is a $3,000 raise and $63,000 in new annual pay.
Percentage change from old pay to new pay
When you compare two pay amounts, the difference is new pay minus current pay. The percentage change divides that difference by current pay. A lower new amount is shown as a decrease.
Hourly pay raise example
A 7.5% raise on $20.00 per hour is a $1.50 increase, giving a new hourly rate of $21.50. Add 40 hours per week to see the mathematical annualized estimate.
Salary raise example
A $5,000 monthly pay amount with a 10% raise increases by $500 to $5,500 per month. Annualized estimates use 12 monthly periods.
Annualized pay estimates
Weekly, biweekly, semimonthly, monthly, and annual amounts use 52, 26, 24, 12, and 1 period per year. Hourly amounts require hours per week and use 52 weeks. These are mathematical estimates only and do not account for taxes, benefits, deductions, hours actually worked, or employer policies.
WorkCalcLab provides general-purpose calculations, not tax, payroll, legal, financial, or employment advice. Verify important compensation decisions with authoritative records or a qualified professional.
Frequently asked questions
What if my new pay is lower?
Compare mode shows the negative difference as a decrease and labels the percentage change as a decrease. It does not hide negative changes.
What if my current pay is zero?
The difference can still be calculated, but a percentage change from zero to a positive amount is not defined. The calculator explains this instead of showing Infinity.
Does this calculate take-home pay or taxes?
No. This calculator does not estimate taxes, deductions, benefits, withholding, overtime, or take-home pay.