Pay Raise Calculator
Calculate your new salary after a pay raise. Enter your current salary and the raise amount or percentage to see the increase and new salary.
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How to use this tool?
How to Use the Pay Raise Calculator
- Enter your current salary in the "Current Salary ($)" field. Use a positive number (e.g., 50000).
- Choose the raise type from the dropdown:
- Fixed Amount ($) – Enter the exact dollar increase (e.g., 5000).
- Percentage (%) – Enter the percentage increase (e.g., 10 for 10%).
- Click "Calculate" to see the result. The output shows:
- Increase – The dollar amount added to your salary.
- New Salary – Your updated salary after the raise.
- Review the formula explanation below the result to understand the calculation.
- Use the Reset button to clear all fields and start over.
Note: All inputs must be zero or positive numbers. The calculator works with any currency (enter values without symbols).
Previous Results
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Frequently Asked Questions
To calculate a pay raise, add the raise amount to your current salary, or multiply your current salary by the raise percentage and add it to your current salary.
A fixed amount raise adds a specific dollar amount to your salary, while a percentage raise adds a percentage of your current salary.
This calculator is designed for annual salary. For hourly wages, convert to annual salary first (hourly rate × hours per week × 52 weeks).