Pay Raise Calculator
Work out your new salary after a pay raise, calculate the percentage increase, or convert a dollar raise into an hourly rate boost, free in your browser.
Enter Values
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Minimum 0
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How to use this calculator
- Enter your current pay or salary.
- Enter either the raise percentage OR the new amount, then Calculate.
How it works
With a percentage, the new pay = current × (1 + raise ÷ 100). With a new amount, the increase = new − current and the percentage = increase ÷ current × 100.
Worked example
$70,000 with a 5% raise. New salary $73,500 — an increase of $3,500.
Common mistakes
- Comparing the raise to inflation — a 3% raise with 5% inflation is a real-terms pay cut.
- Confusing a percentage-point change with a percentage change.
Frequently asked questions
How is the percentage raise worked out?
(new − old) ÷ old × 100. Enter your old and new pay and the calculator does it.
Did my raise keep up with inflation?
Compare your percentage raise to the inflation rate — if it's lower, your buying power has fallen.
Is this before or after tax?
It works on whatever figure you enter. Use gross (before-tax) pay to compare to a job offer; the after-tax increase will be smaller.
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Cite this tool
Zerdly. (2026). Pay Raise Calculator. Retrieved from https://www.zerdly.com/tools/pay-raise-calculator/
Tip: Enter any known values to calculate the remaining results.
Designed to run locally in your browser. Tool inputs are not intentionally stored by Zerdly unless stated otherwise.