Pay Raise Calculator
Calculate exactly how much a raise changes your paycheck. Enter either a percentage raise or a flat dollar increase and see annual and monthly impact.
How to Use
- Enter current annual pay.
- Select percent or dollar raise.
- Click Calculate Raise.
If you want to compare annual and hourly values after your raise, use Salary to Hourly Calculator.
Percent Raise vs Flat Raise
A percentage raise scales with your current salary, while a flat raise adds the same amount regardless of base pay. This tool shows both the cash impact and effective percent change so you can compare offers clearly.
Planning After a Raise
- Update your monthly budget: Use the monthly difference to adjust savings and fixed expenses.
- Set new savings targets: Even a small automatic increase can compound significantly over time.
- Estimate yearly impact: Annual change helps with tax planning and goal tracking.
FAQ
Does this include taxes and deductions?
No. This shows gross pay changes before taxes and deductions.
Can I use this for hourly jobs?
Yes. Convert hourly pay to annual first, then run the calculation. You can convert back afterward.
What if my raise is both percentage and bonus?
Calculate the salary raise first, then add any one-time bonus separately because bonuses do not usually change base pay.
