Pay Raise Calculator
Calculate a salary increase, pay raise percentage, new annual salary, and how much your raise adds per month, biweekly paycheck, week, and hour.
Pay Raise Results
Pay Raise Calculator
Our Pay Raise Calculator helps you calculate a salary increase from your current annual salary. Enter a raise percentage, a dollar raise amount, or your new salary to find the increase percentage and updated pay.
The calculator shows the change in annual, monthly, biweekly, weekly, and hourly pay. It uses gross salary and does not estimate taxes, deductions, or take-home pay.
How to Calculate a Pay Raise
A percentage-based pay raise can be calculated by multiplying your current salary by the raise percentage.
- Raise Amount = Current Salary × Raise % ÷ 100
- New Salary = Current Salary + Raise Amount
- Raise % = Raise Amount ÷ Current Salary × 100
- Hourly Increase = Annual Increase ÷ (Hours per Week × Weeks per Year)
For example, a 5% raise on a $50,000 annual salary is a $2,500 increase. The new annual salary is $52,500.
What Is a 5% Raise on $50,000?
A 5% raise on $50,000 is $2,500. The new annual salary is $52,500. Using 40 hours per week and 52 weeks per year, the annual increase is approximately $1.20 per hour.
Common Pay Raise Examples
How Much Is a $2,000, $5,000, or $10,000 Raise Per Hour?
Assuming 40 hours per week and 52 weeks per year, there are 2,080 working hours in a year. Dividing an annual raise by 2,080 gives the approximate hourly increase.
| Annual Raise | Approx. Hourly Increase | Approx. Biweekly Increase |
|---|---|---|
| $2,000 | $0.96/hour | $76.92 |
| $5,000 | $2.40/hour | $192.31 |
| $10,000 | $4.81/hour | $384.62 |
Salary Increase Calculator
“Salary increase calculator,” “pay raise calculator,” “salary raise calculator,” and “salary increment calculator” can describe the same basic calculation: finding the difference between an existing salary and a higher salary.
If you know your current salary and the percentage of your raise, use the Percentage Raise mode. If you know the dollar amount of the increase, use Dollar Raise. If you know your old and new salaries, use Find Raise %.
How to Calculate a Salary Increment
To calculate a salary increment, subtract the old salary from the new salary. To express the increase as a percentage, divide that difference by the old salary and multiply by 100.
For example, if your salary increases from $50,000 to $52,500, the increase is $2,500 and the percentage increase is 5%.
How Much Does a $5,000 Raise Increase Your Paycheck?
A $5,000 annual raise is approximately $192.31 more per biweekly paycheck when the salary is paid over 26 biweekly pay periods, before taxes and other deductions. If paid monthly, the annual increase is approximately $416.67 per month before deductions.
What Is a 2%, 3%, 5%, or 10% Raise?
The dollar value depends on your current salary. For example, on a $50,000 salary:
| Raise | Annual Increase | New Salary |
|---|---|---|
| 2% | $1,000 | $51,000 |
| 3% | $1,500 | $51,500 |
| 5% | $2,500 | $52,500 |
| 10% | $5,000 | $55,000 |
Is a 3.5% Raise Good in 2026?
A 3.5% raise means your annual salary increases by 3.5%. Whether that increase is considered sufficient depends on factors such as your role, employer, performance, market conditions, and inflation. This calculator focuses on calculating the dollar and hourly effect of the raise rather than judging whether a particular raise is appropriate.
What This Pay Raise Calculator Does Not Include
This calculator estimates gross salary changes. It does not calculate federal or state income taxes, Social Security, Medicare, retirement contributions, insurance premiums, bonuses, commissions, overtime, or other payroll deductions.
Your actual paycheck increase may therefore be different from the gross increase shown by this calculator.
Pay Raise Calculator FAQ
More Calculator Resouces
Want to calculate your salary? Use our Salary & Take-Home Pay Calculator to estimate your take-home pay, taxes and deductions. You can also use our Salary to Hourly Calculator to convert your salary into an hourly rate also need a manual pay stub? Create Salary Pay Stub online.