Daily Figures Edition No Sign-Up • No Tracking • Free Forever Vol. XII — No. 204
plaincalculators.com
Plain Calculators
“The figures, plainly worked — a standing desk of free, no-nonsense calculators.”
Monday, July 20, 2026 Time & Payroll Price: Free Runs In Your Browser
Payroll — Pay Raise

Pay Raise Calculator

Enter your current pay and your raise percentage to see your new pay, the raise amount, and how much extra you take in over a year.

Filed by The Statistics Desk  |  Method: current pay × (1 + raise%)
New pay
—
Your pay after the raise.
Raise readout
Raise amount per period—
Current annual—
New annual—
Extra per year—
Show our math
Enter your figures above to see the step-by-step working.
Gross figures — your take-home rise is smaller after taxEverything computed client-side — nothing leaves this page

How the Pay Raise Calculator Works

A pay raise is your current pay multiplied by the raise percentage, then added back on. Enter what you earn now, pick the period it is quoted in, and type the percentage increase — the desk returns your new pay and how much extra you take in over a full year.

Percentages compound on your existing pay, so the same percentage is worth more the higher your salary. To turn a per-hour figure into a yearly one this tool assumes full-time hours of 2,080 a year (40 hours a week for 52 weeks); adjust if your schedule differs.

new pay = current pay × (1 + raise% ÷ 100)

Frequently Asked Questions

How do I calculate a percentage pay raise?

Multiply your current pay by the raise percentage divided by 100 to get the increase, then add it to your current pay. For example, a 4% raise on $55,000 is $55,000 × 0.04 = $2,200, for a new salary of $57,200.

Is a 3% raise good?

It depends on inflation and your role. A raise only increases your buying power if it beats the rise in prices; a 3% raise in a year of 5% inflation is effectively a pay cut in real terms. Compare your raise to the current inflation rate.

How much more will I take home each paycheck?

This tool shows the gross increase. Your take-home rise will be smaller because the extra pay is taxed. Use the Paycheck Calculator to estimate the after-tax figure for your state.

More From The Desk

Same plain method, different figures