Salary Raise Calculator
Calculate your new salary and raise amount from a percentage increase. Free and private.
Independently verified for accuracy
Calculator by Toolsloft ↗- New salary
- 52500
- Raise amount
- 2500
Work out your new pay after a percentage raise, and the dollar amount of the increase. Enter your current salary and the raise percentage you were offered or expect. Useful for checking an offer letter or planning a review.
How this is calculated
The new salary is the current salary multiplied by one plus the raise percentage. The raise amount is simply the new salary minus the current salary. The same math works for any pay period, not just annual salary.
How to use
- Enter your current salary.
- Enter the raise as a percentage.
- Read your new salary and the amount of the increase.
Examples
- $50,000 with a 5% raise:
New salary $52,500 - $60,000 with a 10% raise:
New salary $66,000
FAQ
- Can I use this for an hourly wage?
- Yes. Enter your hourly rate instead of an annual salary, and the new rate and increase are calculated the same way.
- Is this before or after tax?
- It works on the figure you enter. Enter your gross salary for a gross result. Taxes are not applied here.