Pay Raise Calculator
Calculate one gross pay increase in either direction: apply a supplied percentage to your current pay, or enter old and new pay to find the percentage change. Choose Hour, Week, 2 weeks, Month or Year for both amounts. The table shows the same raise across all five periods using 52 weeks and your paid hours per week. Start with a 2%, 3% or decimal-rate example below, then replace its inputs. For repeated fixed annual raises, use the existing compound growth page linked below.
62,000.00 a year, up 4.5%+2,790.00 a year · +232.50 a month · 29.81 to 31.15 an hour at 2,080 hours
- Solve for
- Current
- Raise %
- Per
- Hours a week
A raise of 4.5% takes 62,000.00 a year to 64,790.00, up 2,790.00.
- New pay
- 64,790.00
- Difference
- +2,790.00
- Percent
- 4.5%
- Paid hours a year
- 2,080
The same raise, by period
One year of pay written five ways, using 52 paid weeks. The hourly row follows the paid hours a week you entered above. Two-week pay uses 26 periods; twice-monthly pay would use 24 and is a different schedule. Displayed amounts are rounded.
| Period | Now | After the raise | Difference |
|---|---|---|---|
| Per hour | 29.81 | 31.15 | +1.34 |
| Per week | 1,192.31 | 1,245.96 | +53.65 |
| Every two weeks | 2,384.62 | 2,491.92 | +107.31 |
| Per month | 5,166.67 | 5,399.17 | +232.50 |
| Per year | 62,000.00 | 64,790.00 | +2,790.00 |
Worked examples
Both directions are the same two numbers. A percent applied to the pay you have, and a percent read back out of an offer, divide the same gap by the same starting figure. If you have been handed a figure rather than a percentage, switch the control to “Raise percent” and the page reads it out for you. To see a second year, put the new figure into the current box and run the next raise: raises compound, so 3% twice is 6.09%. For a fixed yearly rate over several years, use the compound growth page with your current yearly pay as the starting amount and annual compounding. Its ending amount is future yearly pay, not total wages earned.
Gross pay, and only gross pay. There is no box on this page for anything held back from a pay packet, and no country, state or city setting, because the arithmetic of a raise is the same everywhere and the amounts kept back are not. Gross-pay arithmetic uses browser number precision, with amounts displayed to two decimals and percentages to four. Periods use 52 weeks per year and your paid hours. It does not calculate taxes, deductions or take-home pay.
Common questions
- How do I calculate a 2%, 3% or 5% pay raise?
- Choose New pay, enter your current gross pay and type 2, 3 or 5 in Raise %. New pay = current pay × (1 + percentage/100). On 50,000 a year, those rates give 51,000, 51,500 and 52,500 respectively. Decimal rates work too: 4.6% on 4,000 a month gives 4,184, and 19.5% on 20 an hour gives 23.90. These are supplied rates, not employer entitlements.
- How do I work out the percent increase between two pay figures?
- Choose Raise percent and enter current and offered gross pay in the same period. Percentage change = (new pay − current pay) / current pay × 100. Going from 48,000 to 52,000 a year gives 8.3333%. A lower offered amount produces a negative percentage and a cut; the same amount gives 0%. A zero starting amount has no defined percentage increase.
- How much is a 3% raise on 20 an hour?
- It adds 0.60 an hour, making 20.60. At 40 paid hours a week and 52 weeks, that is 24 more a week, 48 more every two weeks, 104 more per average month and 1,248 more a year. The hourly page opens this example; change paid hours for your schedule. Overtime premiums and unpaid weeks are not modeled.
- How do I calculate a monthly or annual salary increment?
- Choose Month or Year for the period in which both pay amounts are expressed. A 3% raise on 4,000 per month gives 4,120 per month and a 1,440 annual difference using 12 months. An annual raise on 50,000 gives 51,500 and a 125 average monthly difference. One annual raise is different from a projection of raises repeated for several years.
- How does a pay raise compound over time?
- The parent applies one raise at a time. For a fixed yearly percentage repeated over several years, open Compound Interest Calculator, choose Effective APY, enter your current gross pay as Starting amount, your supplied raise percentage as the rate, elapsed years and no deposits. A 40,000 yearly amount at 3% for ten years becomes about 53,756.655174 per year. Keep the pay basis consistent. This ending amount is future pay on that basis, not total wages earned; varying annual rates and employer progression rules are not inferred.
- Can I use this in Canada, Ontario or the UK?
- Yes for a percentage applied to gross pay you supply. Use the same currency and pay period for both amounts; a currency symbol does not perform exchange conversion. A 3% raise on £30,000 is £30,900, just as a 3% raise on C$30,000 is C$30,900; type 30000 or a supported currency symbol. The calculator does not compute regional taxes, deductions, NHS or union pay bands, public-sector schedules or statutory entitlements.
- Does this calculate federal, GS, OPM, military or employer pay raises?
- No official pay charts or employer policies are loaded. Rank, grade, step, locality, BAH, pension and employer-specific changes require their actual published rules and tables. If you already have the two comparable gross amounts, you can calculate their percentage difference here; that arithmetic does not determine what someone is entitled to receive.
- Does this show my take-home pay after tax?
- No. Every output is gross pay. Taxes, deductions and take-home amounts depend on payroll rules and individual circumstances that are absent from these inputs. Use your payroll information for those amounts.
- Can I compare a cost-of-living raise with inflation?
- You can apply a stated raise percentage, but this calculator has no inflation series or real-pay comparison. A supplied cost-of-living raise is ordinary gross-pay arithmetic here. It does not determine whether the raise exceeds a country’s inflation or a personal cost-of-living change.
- Are two-week pay and twice-monthly pay the same?
- No. This page uses 26 two-week periods, 52 weeks, 12 months and one year. Twice-monthly payroll has 24 periods and is not a selectable input. Hourly conversions use paid hours per week × 52. A calendar with an extra paycheck, unpaid weeks or overtime premiums needs its actual payroll schedule.
- Can I calculate a retroactive raise or overtime?
- The table gives the change for a typical pay period using the fixed annual conventions. It does not count a retroactive date range, hours in that range, overtime multipliers or payroll rounding rules. Those workflows need information beyond one current pay amount and one raise.
- What precision and number formats are supported?
- Enter decimal numbers, optional thousands commas and supported currency symbols; enter 4.6 or 4.6% for a percentage. Scientific notation is not an input format. Amounts display to two decimals and percentages normally to four; a nonzero percentage smaller than that display threshold is shown without rounding it to zero. Browser number precision can lose very small differences or overflow on extreme amounts; those calculations are refused rather than shown as unchanged or infinite.
- Are my figures uploaded or saved?
- The arithmetic runs in your browser without uploading the pay inputs. Explicit edits are remembered in this browser’s local storage when available, including incomplete drafts. Opening an example subpage does not overwrite those remembered fields. Clear site data to remove them; blocked storage still allows calculations.
Gross-pay arithmetic uses browser number precision, with amounts displayed to two decimals and percentages to four. Periods use 52 weeks per year and your paid hours. It does not calculate taxes, deductions or take-home pay.