Your current salary
$
Your raise
%
Your new annual salary
| Per hour | |
| Per week | |
| Per fortnight | |
| Per month | |
| Per year |
How to use this calculator
Select your currency at the top — it auto-detects based on your location but you can change it manually. Enter your current salary and choose whether it's hourly, monthly or annual. Then enter your raise as a percentage or fixed amount and hit calculate.
How to calculate a salary increase
- Take your current annual salary (e.g. $52,000)
- Multiply it by your raise percentage divided by 100 (e.g. 5% = 0.05)
- Add that number to your original salary
- Example: $52,000 + ($52,000 × 0.05) = $54,600
To go the other way — divide the raise amount by your current salary and multiply by 100. A $2,600 raise on a $52,000 salary is exactly 5%.
What counts as a good pay raise?
3-5% is the standard annual merit increase at most large employers. Below 3% means your real purchasing power likely fell. A raise of 7% or more is strong and usually tied to a promotion, a new title, or a change of employer.
Frequently asked questions
What is a good salary increase percentage?
3-5% is average. Above 7% is strong, usually from a promotion or job change. Below 3% typically loses ground against inflation.
How do I calculate my pay raise percentage?
Divide your raise amount by your current salary, then multiply by 100. A $2,500 raise on a $50,000 salary is 5%.
How much is a 5% raise on $50,000?
A 5% raise adds $2,500 per year, taking your salary to $52,500 annually or $4,375 per month.
What is the difference between a pay raise and a salary increase?
Nothing — the terms are interchangeable. Both mean your employer is paying you more.