Pay Raise Calculator
Compare compensation before and after a raise entered as either a percentage or a dollar amount.
New annual pay$84,000.00
Annual increase$4,000.00
Percent increase5%
Monthly increase$333.33
How this tool works
New pay = current pay + increase. A percentage increase equals current pay × raise percent; an amount increase can be converted back to percent by dividing by current pay.
Example
A 5% raise on $80,000 adds $4,000 per year and produces an $84,000 salary.
Common questions
Is a 5% raise the same as 5 percentage points?
For salary, the raise is a percent of current pay, not a percentage-point concept.
Does the calculator account for taxes?
No. Use the paycheck or take-home pay estimator to see how gross changes may translate into estimated net pay.