Salary Increase Calculator
Enter your current salary and raise percentage to instantly see the dollar amount of your raise and your new annual salary. Useful before a performance review, when comparing job offers, or when checking whether a raise keeps pace with inflation. For context on how your raise compares to the starting point, see the percentage increase calculator.
When to use this calculator
Use this before a salary negotiation to set a concrete target, or after receiving a raise offer to see what it means in actual dollars. Also handy for HR professionals calculating team compensation changes.
Raise Amount
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New Salary
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Results are instant — nothing is stored and no account is needed.
Related Calculators
How to Calculate
- Enter your current salary (annual, monthly, or hourly — any unit works).
- Enter the raise percentage — for example, 5 for a 5% raise.
- See your raise amount and new salary instantly.
Formula
Divide the raise percentage by 100 to convert to a decimal, add 1, then multiply by your current salary. For a 7% raise on $55,000: 1 + 0.07 = 1.07, then $55,000 × 1.07 = $58,850.
Examples
5% raise on $60,000
+$3,000 → $63,000
10% raise on $45,000
+$4,500 → $49,500
3% raise on $85,000
+$2,550 → $87,550
Use Cases
- Evaluating a job offer where salary is expressed as a % increase over current pay
- Checking whether a cost-of-living adjustment keeps up with inflation
- Calculating team payroll impact for managers approving multiple raises
- Comparing two job offers that use different raise structures
- Setting a target number before a performance review conversation
FAQ
How do I calculate a 5% raise on a $60,000 salary?
Multiply $60,000 by 0.05 to get the raise amount: $3,000. Add that to your current salary for a new salary of $63,000.
What is a good salary increase percentage?
Cost-of-living adjustments are typically 2–4%. Merit-based raises usually range from 3–7%. Promotions or job changes often carry 10–20% increases. If inflation is running at 5% and you receive a 3% raise, your real purchasing power has declined.
How much is a 10% raise on $50,000?
10% of $50,000 is $5,000. Your new salary would be $55,000 per year, or roughly $416 more per month before tax.
How do I ask for a raise using a specific percentage?
Know the market rate for your role first, then calculate what percentage increase you need to match it. For example, if market rate is $75,000 and you earn $68,000, that's roughly a 10.3% gap — that number makes a concrete, data-driven request.
Does this work for hourly pay?
Yes — enter your hourly rate as the current salary and the result will be your new hourly rate and the raise per hour. For example, going from $22/hr to a 6% raise: $22 × 0.06 = $1.32 raise, new rate $23.32/hr.