Pay Increase Calculator

Calculate your new salary after a pay increase, see the dollar amount increase, and the percentage change.

isCalculator Editorial Team Published by:
Reviewed by: Review Board
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How to use this tool?

How to Use the Pay Increase Calculator

  1. Enter your current salary in the "Current Salary ($)" field. Use a positive number (e.g., 50000).
  2. Choose the increase type from the dropdown: either "Percent (%)" or "Flat Amount ($)".
  3. Enter the increase value:
    • If you selected Percent, enter the percentage (e.g., 5 for a 5% raise).
    • If you selected Flat Amount, enter the dollar amount (e.g., 2000).
  4. Click "Calculate" to see the results.

Results shown:

  • New Salary – your current salary plus the increase.
  • Increase Amount – the actual dollar amount added.
  • Percent Change – the increase as a percentage of your original salary.
  • Formula Used – a step-by-step explanation of the calculation.

Tip: All monetary values are in US dollars. Use decimal points for cents (e.g., 50000.50).

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Frequently Asked Questions

Enter your current salary and either a percentage increase (e.g., 5%) or a flat dollar amount (e.g., $2,000). The calculator will compute your new salary, the increase amount, and the percentage change.

Yes, you can enter your current hourly wage as the salary, and the calculator will work the same way. The result will be your new hourly wage.

Negative values are not allowed. Please enter zero or positive numbers only.

Reviewed by Experts

Carlos Bicho

Carlos Bicho

Financial Advisor

Private Banker & Financial Advisor

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Danilson Melicio

Danilson Melicio

Financial Advisor

Financial Markets Investor

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Eurico José Kiala

Eurico José Kiala

Mathematician

Teacher

LinkedIn
Francisco Saramango

Francisco Saramango

Board Financial Advisor

Financial Management and Accounting, Financial management and accounting

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Juliana Mayorca

Juliana Mayorca

Financial Advisor

Board-Level Advisor

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