How to use a raise calculator
Start with the gross pay figure you want to change. Enter one raise figure, select the matching pay period, and review the new pay for that period. The result also shows the raise amount, the other raise format, the formula, and annual equivalents.
- Enter a gross figure in Current pay amount ($).
- Select the period represented by that figure in Pay period.
- Fill in either Raise percentage (%, optional) or Raise dollar amount ($, optional), leaving the other field blank.
- Click Calculate.
- Review the result, then use Copy result or Download result (.txt) if you need a text copy.
- Click Reset to clear the inputs and return Pay period to Annual / yearly.
Calculate new pay after a raise
The result shows New pay, Raise amount, and Raise percentage for the selected period. For a period other than Annual / yearly, it also shows New pay (annual equivalent). The assumptions table lists the entered values, the derived values, and the factor used to convert each figure to a yearly amount.
Current pay amount ($): 60000
Pay period: Annual / yearly
Raise percentage (%, optional): 5
Raise amount: $3,000.00 per year
New pay: $63,000.00 per yearCopy result places the plain-text summary on the clipboard when clipboard access succeeds. Download result (.txt) saves the same summary as raise-calculator-result.txt.
Raise percentage or dollar amount?
Use Raise percentage (%, optional) when the increase is given as a rate. The calculator applies Raise amount = Current pay x (Raise % / 100), then calculates New pay = Current pay + Raise amount. Use Raise dollar amount ($, optional) for a fixed increase. The calculator derives Raise % = (Raise amount / Current pay) x 100 before calculating new pay.
Enter one raise field. The calculator reports an error when both fields are filled or both are blank. Current pay and the selected raise value must be numbers greater than 0. The result uses gross pay before taxes.
How annual equivalents are calculated
The calculator multiplies each selected-period value by a fixed factor:
- Hourly:
2,080hours per year - Weekly:
52periods per year - Biweekly:
26periods per year - Monthly:
12periods per year - Annual / yearly:
1period per year
The hourly convention uses 40 hours per week for 52 weeks. The annual equivalent does not adjust for part-time schedules, unpaid leave, or paid hours above 2,080, including overtime. The calculator displays money and percentage values to two decimal places.
Examples with different pay periods
For an annual salary, enter the percentage from a compensation letter to see the new annual pay and dollar increase.
For a weekly or biweekly rate, enter the fixed raise amount in that same period. The result keeps the period pay and annual equivalent together.
For an hourly figure, choose Hourly to see the hourly result alongside the annual equivalent.
When to use another financial calculator
Use the Financial Calculators category for questions beyond a gross-pay increase. Hourly to Salary Calculator fits an hourly rate when you need salary equivalents with hours, weeks, or unpaid time off. Choose Pay Calculator for overtime, commission, bonuses, or manual deductions. After you have gross pay, Paycheck Calculator estimates net pay with your own deductions.
Frequently asked questions
How do I calculate new pay after a raise percentage?
Enter your current gross pay, select its pay period, enter the raise in Raise percentage (%, optional), and click Calculate. The calculator derives the raise amount and adds it to current pay.
Can I use a dollar raise amount instead of a percentage?
Yes, enter the increase in Raise dollar amount ($, optional) and leave Raise percentage (%, optional) blank. The calculator derives the equivalent raise percentage from that amount and your current pay.
What pay period should I use in a salary raise calculator?
Choose the period represented by Current pay amount ($), such as Monthly or Annual / yearly. The raise is applied in that same period, and non-annual choices also receive an annual equivalent.
Does the raise calculator calculate take-home pay?
No, it calculates gross pay before taxes. It does not model income tax, payroll tax, benefit deductions, bonuses, overtime, or an actual pay stub.
What happens if I enter both raise fields?
The calculator shows an error and does not calculate a result. Enter either Raise percentage (%, optional) or Raise dollar amount ($, optional), not both.