Raise Calculator
Calculate the new salary after a raise, including the increase amount and percentage change.
Published by:
isCalculator Editorial Team
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How to use this tool?
This calculator computes your new salary after a raise, showing the increase amount and percentage.
- Enter Current Salary ($): Input your current annual or hourly salary as a positive number (e.g., 50000).
- Select Raise Type: Choose either Percentage (%) or Fixed Amount ($) from the dropdown.
- Enter Raise Value:
- If Percentage: type the raise percentage (e.g., 10 for a 10% increase).
- If Fixed Amount: type the exact dollar increase (e.g., 5000).
- Click "Calculate": The results display your New Salary, Increase Amount, and Increase %, along with the formula used.
Note: All monetary values are in US dollars. Use decimal points for cents (e.g., 50000.50).
Previous Results
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Frequently Asked Questions
To calculate a salary increase, multiply your current salary by the raise percentage (in decimal form) to get the increase amount, then add it to your current salary. Alternatively, if you have a fixed raise amount, simply add it to your current salary.
A percentage raise increases your salary by a certain percentage of your current salary, so it scales with your earnings. A fixed amount raise adds a specific dollar amount, regardless of your current salary.
Yes, you can enter your hourly wage as the current salary. The calculator will compute the new hourly wage after the raise.
