Pay Raise Calculator – Instantly Calculate Your New Salary
Are you wondering how much your paycheck will increase after a raise? Whether your raise is a percentage increase or a fixed dollar amount, our Pay Raise Calculator helps you quickly and accurately estimate your new income.
Why Use Our Pay Raise Calculator?
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Easy to Use: Just enter your current salary or pay rate, select your pay period (hourly, weekly, monthly, yearly), and choose how your raise is calculated—by percentage or fixed amount.
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Flexible Inputs: Supports all common pay periods including hourly, weekly, bi-weekly, monthly, and annually.
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Clear Results: Instantly shows your new pay per period, the total raise amount, and your updated annual salary.
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Transparent: Displays all the inputs you provided along with detailed results, so you can understand exactly how your pay changes.
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Mobile Friendly: Works perfectly on any device — desktop, tablet, or phone.
How It Works
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Input your current pay — either your total salary or your pay rate (e.g., hourly wage).
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Select the pay period that applies to your salary or pay rate.
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Choose your raise type:
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A percentage increase (e.g., 5%)
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Or a fixed amount increase (e.g., $500)
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Click calculate and get your updated salary details immediately.
Who Can Benefit?
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Employees negotiating a raise who want to see the impact on their paycheck.
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Freelancers or hourly workers figuring out how a raise affects their income.
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Employers or HR professionals who want to demonstrate raise effects clearly.
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Anyone curious about the financial impact of a salary increase.
Example
If you currently earn $4,000 per month and receive a 10% raise, the calculator shows you will now earn $4,400 per month — that’s an extra $400 each month and an additional $4,800 annually.
Frequently Asked Questions (FAQs)
Q1: Can I enter my salary as hourly pay or only as an annual amount?
A: You can enter your pay either as an hourly rate, weekly, bi-weekly, monthly, or annual salary. Just select the correct pay period when entering your current pay.
Q2: How does the calculator handle fixed amount raises?
A: For fixed amount raises, enter the amount you expect to receive per your pay period (e.g., $200 per month). The calculator converts this to annual and calculates your new salary accordingly.
Q3: What if I work part-time or have irregular hours?
A: The calculator assumes a standard full-time schedule (e.g., 40 hours per week) when calculating annual salary from hourly rates. If your hours vary, you can adjust the input to reflect your typical earnings.
Q4: Can I use this calculator to compare multiple raise offers?
A: Yes! Simply enter each raise scenario separately and compare the results to decide which offer works best for you.
Q5: Is this calculator free to use?
A: Absolutely! Our Pay Raise Calculator is completely free and requires no signup.