How to calculate a pay raise
Enter your current annual salary and the raise percentage you've been offered. The calculator multiplies your salary by the percentage to find the raise amount, adds it to get your new salary, and breaks the increase down to a monthly figure so you can see the real difference in your budget.
Check it beats inflation
A raise only increases your buying power if it's bigger than inflation. If prices rose 4% and your raise is 3%, you're slightly worse off in real terms. Compare your raise against the current inflation rate before celebrating.
Frequently asked questions
What is a 5% raise on $50,000?
An extra $2,500 a year, for a new salary of $52,500 — about $208 more per month.
Is this before or after tax?
It works on gross salary. Your take-home increase will be a bit lower after taxes.
Is my data saved?
No. Everything runs in your browser.