Freelance calculators
Pay Raise Calculator
Calculate the amount of a raise and the resulting new salary. Your inputs stay in this browser.
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What this calculator measures
A pay raise applies a percentage increase to current annual salary and shows both the increase and new salary.
Formula
New Salary = Current Salary x (1 + Raise %)
Worked example
- 1A 5% raise on $60,000 is $3,000.
- 2The new annual salary is $63,000.
How to interpret the result
Compare gross and inflation-adjusted changes separately; take-home pay depends on taxes and deductions.
Common mistakes and limits
- Applying the percentage to take-home pay, ignoring effective date, or treating a bonus as recurring salary.
Frequently asked questions
Does this show monthly pay?
Divide the annual values by 12 for a simple monthly equivalent.
Is the increase after tax?
No. Results are gross amounts.
Can a raise exceed 100%?
This calculator limits percentage inputs to 100.