See what a raise means in real numbers. Start with a percentage or a new pay offer, then compare hourly, weekly, monthly and annual gross pay.
Raise percentage formula
Multiply current pay by the raise percentage, then add the increase to current pay.
Current pay × (1 + raise ÷ 100) = new pay
Example: a 5% raise on $50,000 adds $2,500, making the new annual salary $52,500.
Percentage increase formula
If you know the new pay amount, compare it with current pay to find the percentage change.
(New pay − current pay) ÷ current pay × 100
Use the same pay period for both amounts. The calculator converts the result into equivalent yearly, monthly, weekly and hourly figures.
Pay raise questions
How much is a 3% raise?
Multiply current pay by 0.03. On a $50,000 salary, a 3% raise adds $1,500 per year and produces a new salary of $51,500.
How do I calculate the raise from an offer?
Select “New pay amount,” enter the offer using the same pay period as your current pay, and the calculator will show the percentage increase and equivalent amounts.
Why do hours and paid weeks matter?
They let us estimate an hourly equivalent. The default is 40 hours per week for 52 paid weeks, or 2,080 paid hours per year.
Does this calculate take-home pay?
No. The results are gross estimates before taxes, benefits, deductions and payroll rounding. Use the figures for comparison and planning, not tax advice.