📈 Salary Raise Calculator

Enter your current salary and either a raise percentage or a flat raise amount to see your new salary.

Current Annual Salary

Raise Type

Raise Value

Percentage or flat amount, same arithmetic

The raise type only decides how the raise amount is found; everything after that is identical:

raise amount = salary × percent ÷ 100   (Percentage mode)
raise amount = the value you typed        (Flat Amount mode)
new salary   = salary + raise amount
effective %  = raise amount ÷ salary × 100
monthly      = new salary ÷ 12

A 5% raise on $60,000 is $3,000, giving $63,000 a year and $5,250 a month gross. The Effective Raise % row is what makes Flat Amount mode useful: $2,000 is a 5.00% raise on $40,000 and a 2.22% raise on $90,000.

What the new number is worth

Inflation is the real benchmark. A 5% raise in a year when prices rose 3% leaves you about 1.9% better off, not 5%. Below the inflation rate, a raise is a pay cut in slow motion.
Raises compound. 3% a year for five years turns $60,000 into roughly $69,556, because each rise is applied to the raised salary. The same logic makes a low starting salary expensive for years.
The monthly figure is not a paycheque. It is the annual gross divided by twelve. If you are paid every two weeks you get 26 payments a year, so a month is not simply two of them.

Everything shown is gross pay. Nothing is deducted for income tax, payroll contributions, pension or benefits, so your take-home will rise by less than the raise amount.

Frequently asked questions

What is a 5% raise on $60,000?

$3,000 more a year, for a new salary of $63,000. That is $250 a month more before deductions, taking gross monthly pay from $5,000 to $5,250.

How do I convert a flat raise into a percentage?

Divide the raise by your current salary and multiply by 100. Choose Flat Amount and the Effective Raise % row does it for you, which is the honest way to compare an offer of $2,500 against a colleague's 4%.

Will a raise push me into a higher tax bracket and cost me money?

Under a banded system only the income above each threshold is taxed at the higher rate, so more gross pay does not leave you with less. How much of the raise reaches you depends on your own country and state, and this calculator models none of it.