Pay Raise Calculator
Enter your current salary and raise percentage to instantly see your new pay across every period — with tax impact, inflation adjustment, and multi-year projections.
Quick scenarios:
New Salary
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Annual Increase
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After-Tax Increase
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Real Raise (vs Inflation)
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Total Payroll Increase
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Per-Employee Cost
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5-Year Payroll Impact
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Calculating...
Pay Period Breakdown
| Period | Before | After | Increase | % |
|---|
Visual Comparison
🎉 Your Raise in Real Life
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coffees/month
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pizzas/month
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vacations/year
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lifetime impact (30yr)
💸 Paycheck-to-Paycheck Comparison
Current Bi-weekly Paycheck
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(after tax & 401k)
New Bi-weekly Paycheck
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⏳ Raise Countdown
When does your next raise take effect? Set the date to see a countdown.
Set your raise effective date →
📤 Share Your Results
401(k) Impact
Additional 401(k)/Year
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401(k) Growth (20yr @ 7%)
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Take-Home After 401(k) & Tax
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Multi-Year Compound Projection
| Year | Salary | Cumulative Gain | Inflation-Adjusted |
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Scenario Comparison
| Year | A | B | Difference |
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Negotiation Script
Industry Raise Benchmarks (2024)
| Industry | Avg Raise | Context |
|---|---|---|
| Technology | 4.8% | AI hiring pressure drives above-average cycles |
| Healthcare | 4.2% | Staffing shortages keep raises competitive |
| Engineering | 4.5% | Specialized talent commands stronger raises |
| Finance | 3.9% | Stable, bonus-adjusted compensation |
| Construction | 3.8% | Labor shortages push pay for experienced workers |
| Manufacturing | 3.7% | Reshoring investment helps trade workers |
| Retail | 3.0% | Tight margins keep raises near inflation |
| Education | 3.1% | Budget-constrained COLA adjustments |
| Government | 3.0% | Policy-driven, predictable step increases |
Source: Mercer 2024 Compensation Survey
📈 Is Your Raise Good? (Historical Context)
Average raises vs inflation by year. A raise below inflation = real pay cut.
| Year | Avg Raise | Inflation (CPI) | Real Value |
|---|---|---|---|
| 2025 | 3.5–4.2% | ~2.8% | Slightly ahead ✓ |
| 2024 | 3.8–4.5% | 3.4% | Break-even |
| 2023 | 4.0–4.6% | 4.1% | Break-even |
| 2022 | 4.0–4.8% | 8.0% | Pay cut ✗ |
| 2021 | 3.0–3.5% | 4.7% | Pay cut ✗ |
Source: Bureau of Labor Statistics, Mercer Compensation Surveys
Raise History Tracker
Save your raises to track progression over time. Stored locally in your browser.
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Free Calculators
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Pay Periods
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Currencies
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Private (No Data Sent)
How to Use This Pay Raise Calculator
This raise calculator shows you exactly how a salary increase affects your take-home pay. Enter your current pay, choose a raise percentage or flat dollar amount, and instantly see results broken down by hourly, weekly, bi-weekly, and monthly periods.
What Makes a Good Raise?
The average annual raise is 3–5% for merit increases. Promotions typically come with 10–20% bumps. Use this raise calculator to compare different scenarios and see which offer gives you the best long-term outcome after accounting for taxes and inflation.
Frequently Asked Questions
How do I calculate a pay raise?
New Salary = Current Salary × (1 + Raise% / 100). For example, a 5% raise on $65,000 = $68,250.
Is a 5% raise good?
A 5% raise is above the national average of 3–4%. After 3% inflation, you're gaining about 1.7% in real purchasing power.
How much is a 3% raise on $50,000?
$50,000 × 1.03 = $51,500. That's an extra $1,500/year or $125/month before taxes.
Does my raise get taxed at a higher rate?
Only the additional income is taxed at your marginal rate. Your existing salary stays at the same effective rate.
Related Calculators
- Salary Raise Calculator — focused on annual salary increases
- Percent Raise Calculator — calculate any percentage-based raise
- 3% Raise Calculator — see exactly what a 3% raise means for your pay
- Annual Raise Calculator — project yearly raises over time