5 Percent Raise Calculator
A 5% raise is above average and means real growth. See exactly how it impacts your hourly, weekly, and monthly pay — with tax and inflation adjustment.
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 | % |
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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.
How Much Is a 5% Raise?
A 5% raise multiplies your current pay by 1.05. On common salaries:
| Salary | New Salary | Monthly + | Bi-weekly + |
|---|---|---|---|
| $40,000 | $42,000 | +$166.67 | +$76.92 |
| $55,000 | $57,750 | +$229.17 | +$105.77 |
| $65,000 | $68,250 | +$270.83 | +$125.00 |
| $80,000 | $84,000 | +$333.33 | +$153.85 |
| $100,000 | $105,000 | +$416.67 | +$192.31 |
Is a 5% Raise Good?
Yes. A 5% raise is above average (3-4% is typical). With 3.2% inflation, a 5% raise gives you ~1.7% real purchasing power growth. Over 5 years it compounds to a 27.6% total increase.