Work Tools

Pay Raise Calculator

Estimate how a raise changes hourly pay or annual salary using a percentage or flat amount.

Updated April 11, 2026
Free online tool
Planning and research use

Why this page exists

A raise can sound meaningful until you translate it into the numbers you actually budget around. This calculator helps you estimate the new hourly rate or salary, the size of the increase, and the broader yearly impact when the raise is applied in either percentage or flat-amount form.

Interactive tool

Run the estimate

Enter your numbers and read the result first, then use the sections below to understand what affects the outcome.

Calculator

Pay raise calculator

Estimate how a raise changes an hourly rate or annual salary using either a percentage or flat amount.

Result

$28.88

Estimated new hourly rate based on the raise percentage you entered.

New hourly rate$28.88

Increase per hour$1.38

Estimated yearly raise impact$2,860

Annualized pay after raise$60,060

This estimate uses a raise rate of 5.0%.
Working 40.0 hours per week for 52 weeks makes the raise worth about $2,860 over a full year.
For budgeting, compare the yearly impact here with your expected taxes and deductions rather than assuming the full amount lands in take-home pay.

This is a planning estimate. Taxes, deductions, bonuses, and employer-specific payroll rules are not included.

Planning note

Last updated April 11, 2026. Use this tool to compare scenarios and plan ahead, then confirm important details with the lender, employer, insurer, contractor, or other qualified provider involved in the final decision.

How it works

What the calculator is doing

Choose whether you are working with hourly pay or annual salary.

Enter the current pay and then calculate the raise as either a percentage or a flat amount.

For hourly raises, the calculator can also estimate a yearly impact using hours worked per week and weeks worked per year.

Understanding your result

The raise amount is helpful on its own, but the more useful planning number is often the annual impact or updated monthly equivalent. Seeing both makes it easier to compare a raise against living costs, savings goals, and job alternatives.

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Examples

Ways people use this tool

Example scenarios help turn a quick estimate into a more useful comparison or planning step.

Translate a percentage raise into real dollars

Enter the current pay first so you can see what a 3%, 5%, or 8% raise actually means in dollars.

Compare a flat raise offer

Use amount mode when the raise is quoted as dollars per hour or dollars per year instead of a percentage.

Estimate the annual impact of an hourly raise

Add weekly hours and weeks worked when you want the raise to roll into a bigger yearly planning number.

FAQ

Common questions

Can this calculate both salary and hourly raises?

Yes. The calculator supports both pay types and adjusts the result wording to match the kind of compensation you entered.

What is the difference between percentage and amount mode?

Percentage mode grows the current pay by a raise rate, while amount mode adds a flat number directly to the current pay.

Does this show take-home pay after taxes?

No. This calculator focuses on gross pay changes. If you want a take-home estimate, compare the result with a paycheck calculation next.

Related tools

Keep comparing

Use these related tools to compare nearby scenarios, check a second estimate, or keep narrowing down the right decision.

Work ToolsUpdated April 11, 2026