Pay Raise Calculator
A raise as a % or an amount on hourly or annual pay: new pay per hour, day, week, month and year, the % a target needs, compounding, real change vs inflation.
New gross pay in every period with the difference, the percentage or amount a target pay would take, the pay after the same raise for several years, and the real change at the inflation rate you enter.
Example: 5 % on 60 000 a year is 3 000 more — 1.44 an hour, 250 a month; 66 000 would need 10 %; three such raises compound to 69 457.50 (+15.76 %); at 3 % inflation the real raise is 1.94 %.
Percent or amount,
every pay period.
How the raise is applied, how the periods are derived, and what compounding and inflation add.
The raise
A percentage raise multiplies the pay by (1 + %); an amount raise is converted to a percentage as amount ÷ current pay. Hourly and annual pay are linked through your hours per week × paid weeks per year (2 080 for 40 × 52): the page shows the new pay per hour, day, week, two weeks, month (year ÷ 12) and year, with the difference in each. A target pay gives the percentage and amount it would take.
Compounding and inflation
Repeating the same raise for n years compounds: (1 + %)ⁿ − 1 in total, so three 5 % raises are 15.76 %, not 15 %. Against an inflation rate you enter, the real change is (1 + raise) ÷ (1 + inflation) − 1; a raise below inflation shows as a negative real change.
Gross only
Everything is gross pay: no tax, bracket, contribution or deduction is applied, so take-home pay will differ. Nothing leaves the browser; the same four anonymous usage counts as the rest of the site apply.
SOURCES
- New pay = current × (1 + %); amount raise → % = amount ÷ current; hourly = annual ÷ (hours per week × paid weeks); compounded = (1 + %)ⁿ; real = (1 + raise) ÷ (1 + inflation) − 1; gross pay, no tax
Last reviewed 22 September 2026. How results are checked: How we verify.