What is a good salary raise percentage?

A good salary raise depends on industry, performance, and inflation. In most industries, annual raises of 3–5% are common for standard performance reviews, while raises of 8–15%+ may accompany a promotion. Cost-of-living adjustments typically track inflation, which varies year to year. A raise below inflation effectively means a pay cut in real purchasing power.

How does a raise affect my annual take-home pay?

A salary raise increases your gross annual income, but the actual increase in take-home pay is less due to income tax and other deductions. For example, a $5,000 raise may result in only $3,000–$3,500 more after taxes depending on your tax bracket. Use this calculator to see the gross increase, then consult a tax advisor for net pay estimates.

Should I negotiate a raise as a percentage or a fixed amount?

For higher salaries, a percentage-based raise is typically more beneficial as it scales with your pay. For example, a 5% raise on $100,000 gives $5,000, while 5% on $30,000 gives only $1,500. A fixed amount may be better if you're underpaid relative to market rate and need a bigger absolute jump. Always research market salaries before negotiating.

How do I convert an hourly raise to an annual salary increase?

To convert an hourly raise to an annual increase, multiply the hourly raise by your weekly hours, then multiply by 52 (weeks per year). For example, a $2/hour raise working 40 hours/week: $2 × 40 × 52 = $4,160 more per year. This calculator handles all pay periods automatically — just select 'Hourly' and enter your hours per week.

Salary Raise Calculator - Calculate Your New Salary & Raise

Calculators / Financial Calculators / Salary Raise Calculator

Salary Raise Calculator

Calculate your new salary after a raise. Enter your current salary, raise percentage or amount, and pay frequency to see your new pay and total annual increase.

Currency

Current Salary

Pay Period

Hours per Week

Raise Type

Raise Value

Salary Raise Results

New Salary —

Raise Amount —

Raise % —

New Annual Salary —

Annual Increase —

This is an estimate. Actual take-home pay depends on taxes, deductions, and local laws. Consult your HR or payroll department for details.

Frequently Asked Questions

To calculate a salary raise percentage, subtract the old salary from the new salary, divide the result by the old salary, then multiply by 100. Formula: Raise % = ((New Salary - Old Salary) / Old Salary) × 100. For example, going from $50,000 to $55,000: (55,000 - 50,000) / 50,000 × 100 = 10% raise.

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