Pay Raise Calculator
Calculate your new salary after a raise and see the per-period breakdown.
Frequently Asked Questions
How do I calculate a pay raise?
Multiply your current salary by the raise percentage divided by 100. Add that amount to your current salary for your new total. For example, a 5% raise on $50,000 is $2,500, making your new salary $52,500.
What is the average pay raise?
The average annual pay raise in the US is typically 3-5% for satisfactory performance. Promotions often come with 10-20% increases. Top performers and those changing jobs frequently see raises of 10-15% or more. Raises below inflation mean your real purchasing power decreased.
How should I negotiate a raise?
Research market rates for your role and experience level using sites like Glassdoor or Levels.fyi. Document your accomplishments and their business impact. Time your ask after a successful project or during performance review season. Come with a specific number, not a range.
When should I expect a raise?
Most companies review compensation annually during a formal review cycle. Some give raises at hire anniversaries. If you have been in your role over a year without a raise and your performance is strong, it is reasonable to ask. Job changes remain the fastest path to a significant pay increase.