09 / Work
Pay Raise Calculator
Turn a raise percentage into new hourly, paycheck, monthly, and annual gross pay.
Hourly annualization uses 2,080 hours. Change the result with the hourly-to-salary calculator if your schedule differs.
New annual gross pay
$63,000
A 5% raise adds $3,000 per year.
Field note
Turn a percentage into money you can compare
A raise percentage can feel abstract until it is shown per paycheck and per year. Multiply current gross pay by the percentage divided by 100 to get the increase. Add that increase to current pay for the new amount. A 5% raise on $60,000 adds $3,000 and produces a new annual salary of $63,000.
Choose the period your employer quoted
If you were given an hourly rate, select hourly. The annual view uses 2,080 paid hours, the common 40-hours-by-52-weeks assumption. Weekly, biweekly, monthly, and annual inputs use 52, 26, 12, and one pay period per year. The percentage result is exact for the selected period; the annual view is an estimate when your paid schedule varies.
Separate gross increase from take-home increase
This calculator does not predict taxes, withholding, retirement contributions, insurance premiums, bonuses, commissions, or benefit changes. A $3,000 gross increase will not add $3,000 to take-home pay. Use the gross result to compare the offer, then check a payroll estimate for deductions.
Compare the full offer
Pay is only one part of compensation. Changes to paid time off, health coverage, retirement matching, remote-work costs, overtime eligibility, and scheduled hours can outweigh a small percentage difference. Keep those items beside the calculator when reviewing a new offer or promotion.