Pay Rise Calculator
Enter your old and new salary to see the percentage increase, or enter a percentage to find your new salary.
per year (+10.00%)
This tool calculates what a pay rise is worth in real terms: the percentage increase, the annual difference, and what that works out to each month, week, and hour.
HR offering a 3% raise? Sounds nice until you work out it's $87 a month before tax. Or maybe you know you want a 15% raise and need to know what number to put in the negotiation. Either way, this does the maths so you can walk in knowing what you're asking for.
How we work it out
Enter two salaries and we calculate the difference as a percentage and in dollar terms. Or enter a percentage and we apply it to your current salary. Monthly and weekly figures divide the annual difference by 12 and 52. Hourly assumes 40 hours per week, 52 weeks per year.
Questions
Does this account for tax?
No. All figures are gross. How much of your raise you actually see depends on your tax bracket and any changes to deductions. The gross difference is still useful for understanding the size of the raise.
What is a good pay rise percentage?
That depends on inflation, your industry, and your individual situation. A raise below inflation is effectively a pay cut in real terms. As a rough guide, anything above inflation (around 2 to 4% in normal years) is a real increase in buying power.
Can I use this to calculate a pay cut?
Yes. If the new salary is lower than the old one, the tool shows the decrease as a negative number. Useful for working out what a reduced-hours arrangement or role change actually costs you.
Celebrate (or commiserate) with a quick game.