Raise calculator
Turn a raise percentage into money, or find out what percentage your new salary is.
- Type your current salary.
- Choose how your raise is given: %, amount or new salary.
- See your new pay a year, a month and a week.
- New salary
- $63,000.00
- Rise a year
- $3,000.00
- Rise a month
- $250.00
- Rise as %
- 5%
That is $57.69 more a week before tax. See your new take-home pay.
How to work out a raise
New salary = current salary × (1 + percentage ÷ 100). A 5% raise on $60,000 is $3,000 a year, so your new salary is $63,000.
To find the percentage from a new salary: (new − old) ÷ old × 100.
Raises on $60,000
| Raise | New salary | Extra a year | Extra a month |
|---|---|---|---|
| 2% | $61,200 | $1,200 | $100.00 |
| 3% | $61,800 | $1,800 | $150.00 |
| 4% | $62,400 | $2,400 | $200.00 |
| 5% | $63,000 | $3,000 | $250.00 |
| 7.5% | $64,500 | $4,500 | $375.00 |
| 10% | $66,000 | $6,000 | $500.00 |
| 15% | $69,000 | $9,000 | $750.00 |
| 20% | $72,000 | $12,000 | $1,000.00 |
Tax takes part of any raise. Check your take-home pay to see what you really keep.
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Frequently asked questions
How much is a 3% raise on $60,000?
$1,800 a year, taking you to $61,800.
How do I calculate a percentage raise?
Multiply your salary by the percentage and divide by 100. Add that to your salary for the new total.
What is a good raise?
It depends on inflation and your job market. A rise below inflation means your pay buys less than before, even though the number goes up.