Pay raise calculator, your paycheck increase.

A pay raise calculator turns a raise into your new pay and shows what it means for each paycheck. The sum is your pay times one plus the raise percent divided by 100. A 5% raise on 52,000 a year is 52,000 × 1.05 = 54,600, which is 2,600 more a year. This calculator shows the new pay per hour, week, two weeks, month and year, works out the raise you need to reach a target pay, and compares the raise with an inflation rate that you type. Everything is gross pay, before tax.

How to use the calculator

1. Type your pay in Your pay now and choose the period it covers in Paid each.
2. Check Hours a week and Weeks a year. They turn hourly pay into yearly pay and back. The defaults of 40 and 52 are the common full-time assumption.
3. For New pay from a raise, type the raise and choose Percent or Amount in Raise given as. An amount is per period, so with pay paid each hour a raise of 2 means 2 more an hour.
4. For Raise needed for a target pay, type the pay you want. It is in the same period as your pay.
5. Type a rate into Inflation per year, percent (optional) to see the real raise.
6. Copy result copies a sentence with the answer, and Copy link to these numbers shares your inputs.

Your new pay in every period

The table lists your pay now, the new pay and the raise for an hour, a week, two weeks, a month and a year. For 52,000 a year at 40 hours a week over 52 weeks, the hourly rate is 52,000 ÷ 2,080 = 25.00, and after a 5% raise it is 54,600 ÷ 2,080 = 26.25. The weekly pay goes from 1,000 to 1,050, every two weeks from 2,000 to 2,100, and the monthly pay from 4,333.33 to 4,550.00. A month is a twelfth of the year here. If your paycheck comes every two weeks, that is 26 a year, so the raise is 100 more per check.

A raise as an amount

Say you earn 25 an hour and are offered 2 more an hour. That is 2 ÷ 25 = 8%, and the new yearly pay is 27 × 2,080 = 56,160, which is 4,160 more than 52,000. A raise of 200 a month on 4,000 a month is 5%, because 200 ÷ 4,000 = 0.05.

The raise needed to reach a target pay

Divide the target by your pay and take away 1. To go from 52,000 to 60,000 you need 60,000 ÷ 52,000 − 1 = 0.1538, which is a raise of 15.38%, or 8,000 a year. This also works for a pay cut: if the target is lower than your pay now, the page calls it a cut and shows how big it is.

Is the raise real? Adding inflation

Prices change too, so a raise is worth less than it looks. Type an inflation rate that you choose. The real raise is (1 + raise) ÷ (1 + inflation) − 1, so a 5% raise with 3% inflation is 1.05 ÷ 1.03 − 1 = 1.94%, a little under the 2% you get by subtracting. The page also shows the pay you would need just to keep up. At 3%, that is 52,000 × 1.03 = 53,560. The page does not assume any rate. To look up how prices changed in real data, use the inflation calculator.

Comparing raises side by side

Under the result, a small table shows other raises on the same pay, from 1% to 15%, with the new yearly pay and the extra a year and a month. On 52,000, a 3% raise is 53,560, which is 1,560 more a year or 130 a month. A 10% raise is 57,200, which is 5,200 more a year or 433.33 a month. Use it to see how far an offer is from the one you hoped for, or to compare two offers that use different percents.

When you compare job offers, convert both to the same period first. An hourly offer and a salary offer only line up once both are a yearly figure, and the hours and weeks you type decide that. Keep the same hours in both, or the comparison is not fair.

What this page leaves out

The figures are gross, so they show pay before income tax, social security, insurance and other deductions. A raise can move part of your pay into a higher tax band, and the take-home gain depends on where you live. For that, check a tax tool for your own country. Bonuses, overtime and unpaid weeks are not included either. To turn a salary into an hourly rate, or to add overtime and unpaid weeks, use the salary to hourly calculator.

For other percent questions, such as the percent change between two pay figures, the percentage calculator gives each step.