Raise Calculator
See your new salary and monthly increase after a raise.
Salary Breakdown
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Raise Comparison
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Request a ToolHow to Use the Raise Calculator
This calculator shows you exactly what a pay raise means in real dollars:
- Enter your current annual salary. This is your gross pay before taxes and deductions. If you only know your hourly rate, use our Hourly to Salary Converter first.
- Enter the raise percentage. Type the percentage your employer offered, or try different values to see their impact. The default is 5%, which is slightly above the typical annual raise.
- Review your results. Your new annual salary appears instantly, along with the monthly and biweekly increase. The comparison table shows what 3%, 5%, 7%, and 10% raises would look like at your current salary.
Use the Share button to send a pre-filled link. The Copy button copies the result to your clipboard for quick pasting.
About Salary Raises
A salary raise increases your annual compensation by a fixed percentage. The calculation is straightforward: multiply your current salary by (1 + raise percentage / 100). However, the real value depends on context. A 3% raise in a year with 4% inflation means your purchasing power actually decreased. Understanding the dollar amounts helps you evaluate whether an offer keeps pace with costs.
This calculator runs entirely in your browser. No salary data is stored or transmitted.
Frequently Asked Questions
What is the average annual raise?
The average annual raise in the U.S. typically ranges from 3% to 5%, depending on industry, company performance, and economic conditions. High performers and those in competitive fields often receive 5% or more. A raise below 3% may not keep pace with inflation.
How do I negotiate a higher raise?
Research market rates for your role using salary data sites. Document your accomplishments and their business impact. Time your request after a successful project or during performance review season. Present a specific number rather than a range, and be prepared to discuss non-salary benefits if the budget is tight.
What is a cost of living adjustment (COLA)?
A cost of living adjustment is a raise designed to keep your salary in line with inflation. It is typically tied to the Consumer Price Index (CPI). A COLA of 3% when inflation is 3% means your real purchasing power stays flat. Any raise above the COLA rate represents a true increase in compensation.
How much of a raise should I expect with a promotion?
Promotions typically come with a 10% to 20% salary increase, though this varies widely. A lateral move to a new company often yields a larger jump than an internal promotion. Use this calculator to compare different scenarios and see how each percentage translates to monthly take-home pay.