If you’re trying to figure out how much more you’ll earn after a raise, this salary increase calculator makes it easy. Whether you’re paid hourly or on a salary, you can use this tool to see how a percentage or flat dollar raise will affect your take-home income by year, month, and week. It’s a simple way to turn a raise into real numbers you can plan around.
How to use this salary increase calculator
- Choose your income type, hourly or salary.
- Enter your current pay:
- If hourly, input your hourly rate, how many hours you work each week, and how many weeks per year.
- If salaried, just enter your annual salary.
- Select the raise type, percentage raise or flat dollar amount.
- Enter the raise amount:
- For a percentage raise, type in the percentage (e.g., 3 for 3%).
- For a flat raise, enter the amount being added per hour or per year depending on your income type (e.g., 3 for $3/hr or 3000 for $3k/yr).
- Click Calculate to see your new annual pay, how much of an increase you’re getting, and what that looks like in real dollars.
Salary Increase Calculator
See how much more you'll earn after a raise. Works for hourly or salaried income.
Why would I use a salary increase calculator?
This tool is helpful in all kinds of real-world situations. Use it when you’re:
- Negotiating a raise and want to see what a 5% increase really means
- Offered a flat dollar raise and need to understand the impact
- Comparing job offers that pay differently (hourly vs salary)
- Planning out savings or investing goals after a pay bump
- Living paycheck to paycheck and wondering if a raise will help
Even a small raise can add up to hundreds or thousands of dollars over time. This calculator shows you the numbers clearly so you can make better decisions about your income and financial future.
More Common questions
What’s a good raise percentage to ask for?
Typical annual raises are around 3–5%. If you’ve taken on more responsibility, changed roles, or haven’t had a raise in a while, asking for 10% or more can be reasonable, especially if you’re underpaid relative to others in your field.
Is a raise better than a bonus?
A raise permanently increases your income and may boost retirement contributions and future raises. A bonus is a one-time payout. If you’re deciding between the two, this calculator can help you see the long-term value of a raise.
How can I make the most of a raise?
Try not to increase your spending to match your new income. Instead, put part of your raise toward debt, emergency savings, or investing. A small raise can make a big impact if you use it wisely.
Can this help if I’m living paycheck to paycheck?
Yes, this tool can be especially helpful to someone who’s living paycheck to paycheck. Sometimes a small raise is all it takes to free up money for savings, groceries, or bills. Use this tool to see exactly how much more you’ll have each month, then start building a buffer.