Pay Raise Calculator
Calculate the percentage difference and extra take-home pay.
Salary Details
Percentage Increase
0%
Total Raise: $0
Extra / Month
$0
Extra / Bi-Weekly
$0
* Values are gross (before tax). Bi-weekly assumes 26 pay periods.
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The Formula
The math behind calculating a raise percentage is simple but important to get right for negotiations.
((New Salary - Old Salary) ÷ Old Salary) × 100
Negotiation Tips
Inflation Adjustment
A typical "Cost of Living" adjustment is 2-4%. A "Merit Raise" for good performance is often 5-10%.
Know Your Worth
Always calculate the % increase before accepting. A $5,000 raise sounds great, but on a $150k salary, it's only 3.3%.
Frequently Asked Questions
What is a good pay raise percentage?
Average annual raises hover around 3-5%. However, if you are being promoted or taking on significant new responsibilities, a raise of 10-20% is standard. Changing jobs often yields the highest increases (10-30%).
Does this calculate taxes?
No, this calculator shows the **Gross** increase. Your actual "take-home" pay will be lower after federal taxes, state taxes, and benefit deductions.
How do I calculate an hourly raise?
You can simply enter your hourly rates into the "Annual Salary" boxes above! The math for the percentage is exactly the same whether it's $25/hr to $30/hr or $50k to $60k.