Pay Raise Calculator
Enter your pay and raise % to see your new pay per year, paycheck and hour.
The calculator never sends or saves what you type.
Your pay now and after the raise, per month, paycheck, week and hour is in the table below.
Know your old and new pay instead? The percentage increase calculator gives your raise as a percentage.
Paid in rupees, as CTC in LPA? Use the salary hike calculator.
On this page
Your raise per year, month, paycheck, week and hour
Example: $52,000.00 a year, raised 3%. Yours fills in as you type.
| Per | Current pay | New pay | Raise |
|---|---|---|---|
| Year | $53,560.00 | +$1,560.00 | |
| Month | ≈ $4,463.33 | +$130.00 | |
| Twice a month | ≈ $2,231.67 | +$65.00 | |
| Every 2 weeks | $2,060.00 | +$60.00 | |
| Week | $1,030.00 | +$30.00 | |
| Hour | $25.75 | +$0.75 |
A year here is 12 months, 24 twice-monthly paychecks, 26 biweekly paychecks (every two weeks), 52 weeks or 2,080 hours at 40 a week; for hourly pay, the hours you enter under the calculator. Each row is a year’s pay at the rate shown above, divided by that number. ≈ marks a figure rounded to the cent, so two rounded figures can differ by a cent from their sum.
How to calculate a pay raise
New pay = Current pay × (1 + raise ÷ 100)
$52,000 a year, 3% raise.
- 1 + 3 ÷ 100 = 1.03
- 52,000 × 1.03 = $53,560 new pay
- Raise: 53,560 − 52,000 = $1,560 a year
- Check: 53,560 ÷ 1.03 = $52,000 ✓
A salary raise and an hourly raise are the same sum; only the period changes. This is gross pay, before tax and deductions. Take-home pay depends on your withholding, so this page does not estimate it. A pay cut is the same sum the other way round: the percentage decrease calculator works it out.
Raise by percentage on a $52,000 salary
$52,000 is $25 an hour at 40 hours a week, so every figure here comes out to the cent.
| Raise | New salary | + A year | + 2 weeks | + An hour |
|---|---|---|---|---|
| 2% | $1,040.00 | $40.00 | $0.50 | |
| 3% | $1,560.00 | $60.00 | $0.75 | |
| 4% | $2,080.00 | $80.00 | $1.00 | |
| 5% | $2,600.00 | $100.00 | $1.25 | |
| 7% | $3,640.00 | $140.00 | $1.75 | |
| 10% | $5,200.00 | $200.00 | $2.50 | |
| 15% | $7,800.00 | $300.00 | $3.75 | |
| 20% | $10,400.00 | $400.00 | $5.00 |
A rule of thumb on this salary: each 1% is $520 a year, $20 a paycheck every two weeks and 25¢ an hour.
Hourly raise to salary: the 2,080-hour rule
A full-time year is 40 hours × 52 weeks = 2,080 paid hours, counting paid holidays and vacation. So a raise of $1 an hour is $2,080 a year, and $25 an hour is a $52,000 salary.
On a shorter week, multiply your own weekly hours by 52: at 37.5 hours a week a year is 1,950 hours, so $1 an hour more is $1,950 a year. Part-time works the same way, with your hours: enter them in Hours a week under the calculator and every figure follows. Rates here are to the cent; round a rate quoted to a fraction of a cent, such as $18.125, before you enter it.
Some years have 27 paydays for people paid every two weeks; employers handle that differently, so check your payslip if a year’s total looks off.
Raise percentage from your old and new pay
Divide the raise in dollars by your old pay and multiply by 100: (new − old) ÷ old × 100. From $52,000 to $55,000 is 3,000 ÷ 52,000 × 100 = 5.77%. Work it out with the steps on the percentage increase calculator.
A flat raise, such as “$2,000 more a year”, is the same sum: add it to your pay to get the new pay, then compare the two there. To find your pay before a raise from the new figure, use the value before a percentage increase calculator.
Did your raise beat inflation?
What your pay buys grows by the real raise: (1 + raise) ÷ (1 + inflation) − 1. A 4% raise in a year of 3% inflation is 1.04 ÷ 1.03 − 1 ≈ 0.97%, a little under the 1% that subtracting suggests.
Use the official inflation figure for the same twelve months as your raise. A raise below it is a cut in what your pay buys, even though the dollar figure went up.
Frequently asked questions
How do I calculate a 3% raise?
Multiply your pay by 1.03. On $52,000 a year that is $53,560, which is $1,560 more. On $25 an hour it is $25.75, a raise of 75¢ an hour.
How much is a 5% raise on $50,000?
$2,500 a year, taking you to $52,500. That is about $208.33 a month, $96.15 every two weeks or $1.20 an hour at 40 hours a week, before tax.
How much is a raise per paycheck?
Divide the yearly raise by the number of paychecks you get a year: 26 if you are paid biweekly (every two weeks), 24 twice a month, 12 monthly or 52 weekly. A $1,560 raise is $60 a paycheck every two weeks, or $65 twice a month.
How much is a $1 an hour raise per year?
$2,080 a year at 40 hours a week, because 40 × 52 = 2,080 paid hours. At 37.5 hours a week it is 1,950 hours, so $1,950.
How do I calculate my raise percentage?
Divide the raise in dollars by your old pay and multiply by 100. The percentage increase calculator does it with the working shown.
Is a 3% raise good?
It depends on inflation over the same year. A raise only increases what your pay buys if it is higher than the inflation rate; a 3% raise in a year of 3% inflation leaves you where you were. Compare it with the official inflation figure for the year of the raise.
Is a raise calculated on gross or net pay?
On gross pay, the figure before tax and deductions. Your take-home pay usually rises by a little less than the raise, because more of the extra is taxed. This page works with gross pay and does not estimate tax.