Free pay raise calculator
Calculate your new salary and dollar increase after a raise — enter current salary and raise percentage, or find the percentage a specific dollar increase represents, updated live, as you type.
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Gross salary increase before taxes. Actual take-home depends on your tax bracket and deductions.
Results are estimates. Consult a professional.
How the pay raise calculator works
The pay raise calculator handles two directions: enter your current salary and a raise percentage to find your new salary and dollar increase, or enter your old and new salaries to find the percentage raise. Both conversions use the same underlying relationship between dollar amounts and percentage change.
Worked example: 5% raise on $60,000; or $60k → $65k
Casey earns $60,000 a year. The company offers a 5% merit increase. Separately, Casey is evaluating a competing offer at $65,000 — what percentage raise does that represent?
Current salaries with 3%, 5%, 7%, and 10% raises
The table shows new annual salaries for five starting points after the four most common raise percentages. All figures are gross, rounded to the nearest dollar.
| Current salary | +3% | +5% | +7% | +10% |
|---|---|---|---|---|
| $45,000 | $46,350 | $47,250 | $48,150 | $49,500 |
| $55,000 | $56,650 | $57,750 | $58,850 | $60,500 |
| $65,000 | $66,950 | $68,250 | $69,550 | $71,500 |
| $75,000 | $77,250 | $78,750 | $80,250 | $82,500 |
| $85,000 | $87,550 | $89,250 | $90,950 | $93,500 |
| $100,000 | $103,000 | $105,000 | $107,000 | $110,000 |
New salary = current × (1 + raise%). Rounded to the nearest dollar.
Tips for negotiating and evaluating a pay raise
Understanding the math behind a raise is only the starting point. How you time, frame, and follow up on a raise negotiation has as much impact as the percentage you ask for. Raises that fall short of inflation are effectively pay cuts in purchasing-power terms.
- Benchmark against inflation first — a 3% raise in a year with 4% CPI inflation is a real pay cut; the BLS CPI calculator lets you check whether your raise keeps pace with rising costs.
- Anchor to market data — cite BLS Occupational Employment Statistics, Glassdoor, or LinkedIn Salary ranges for your role and location; data-backed requests are harder to dismiss than gut feelings.
- Frame the ask as a percentage, confirm in dollars — percentages feel smaller to managers but dollars make the annual impact concrete; state both ('a 7% raise, which is $5,250 more per year').
- Get the new figure in monthly terms — breaking a raise into monthly or biweekly amounts helps you update your budget immediately; a $3,000 annual raise is $250/month gross.
- Model the compounding effect — a higher base salary compounds future percentage raises; a $5,000 increase today means each subsequent 5% raise is $250 larger per year than it would have been otherwise.
Accuracy and limitations
All calculated figures are gross annual salary amounts before income tax, payroll tax, and deductions. The calculator assumes a simple percentage change applied to the current base salary; it does not model tax bracket shifts, benefit contribution changes, or equity compensation. A significant salary increase may push a portion of income into a higher federal marginal bracket, changing the net effect on take-home pay.
Not financial advice — consult a financial professional for your specific situation.
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About this calculator
Part of our finance calculators suite — explore all calculators.