Free tool · Pay planning
Pay raise calculator
Enter your current pay and a percentage, fixed amount, or target pay. See the new amount, the increase in dollars and percent, and a consistent breakdown by pay period. Compare two offers side by side.
Your starting pay
Scenario A · new gross annual pay
$63,000
5% · $3,000 change
These values set annual hours and the paid-week result. Monthly pay is the annual amount divided by 12. They do not change an annual pay input.
Scenario A
Enter a negative percentage or amount to model a pay cut. A new pay amount must be zero or greater.
New gross annual pay
$63,000
5% · $3,000 annual change
| Period | Before | After | Change |
|---|---|---|---|
| annual | $60,000 | $63,000 | $3,000 |
| monthly | $5,000 | $5,250 | $250 |
| weekly | $1,153.85 | $1,211.54 | $57.69 |
| hourly | $28.85 | $30.29 | $1.44 |
Scenario B
Enter a negative percentage or amount to model a pay cut. A new pay amount must be zero or greater.
New gross annual pay
$64,800
8% · $4,800 annual change
| Period | Before | After | Change |
|---|---|---|---|
| annual | $60,000 | $64,800 | $4,800 |
| monthly | $5,000 | $5,400 | $400 |
| weekly | $1,153.85 | $1,246.15 | $92.31 |
| hourly | $28.85 | $31.15 | $2.31 |
Compare the two outcomes
Scenario B ends at $1,800 more per year than scenario A.
How it works
How to calculate a pay raise
All figures are gross pay before taxes, benefits, and deductions. The currency selector changes the label only; it never converts exchange rates.
Given a percentage
New pay = current pay × (1 + percentage ÷ 100)
For a decrease, enter a negative percentage. A 10% cut means multiplying by 0.9.
Given an amount
New pay = current pay + change amount
The amount uses the same annual or hourly period as your starting pay.
Given new pay
Percentage change = (new − current) ÷ current × 100
If current pay is zero, the percentage is undefined; the dollar change still appears.
Worked example
What is a 5% raise on $60,000?
A 5% raise on a $60,000 annual salary is $3,000 more per year. The new gross salary is $63,000 per year, or an average of $5,250 per month. At 40 hours per week for 52 paid weeks, the increase is about $1.44 per hour.
$60,000 × 0.05 = $3,000 · $60,000 + $3,000 = $63,000
Read the result
Pay periods and assumptions
For hourly pay, annual pay equals hourly pay × hours per week × paid weeks per year. For annual pay, the hourly equivalent equals annual pay ÷ those annual hours. A paid-week amount is annual pay ÷ paid weeks; the monthly figure is annual pay ÷ 12. The calculator keeps full precision for these calculations and rounds displayed money to two decimal places.
These are estimates from the pay and schedule you enter. They do not include overtime, bonuses, commissions, taxes, or a change in hours. If hours or paid weeks differ between jobs, compare those assumptions before comparing the annual figures.
Your input and results are calculated in your browser. They are not employer-posted salary evidence or a market salary estimate. For actual ranges disclosed in public job postings, see our salary band examples.