Salary Raise Calculator
Calculate exactly how a salary raise changes your compensation. See your new salary broken down across all pay periods, with after-tax and inflation-adjusted figures.
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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Pay Period Breakdown
| Period | Before | After | +/- |
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5-Year Projection
| Year | Salary | Gain |
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📋 Calculation History
Previous calculations saved locally in your browser.
How to Calculate a Salary Raise
A salary raise is an increase to your base annual compensation. To calculate it: multiply your current salary by (1 + raise percentage / 100). For example, a $70,000 salary with a 4% raise becomes $70,000 × 1.04 = $72,800.
Salary Raise vs. Bonus
A salary raise permanently increases your base pay and compounds over time. A bonus is a one-time payment. Use this raise calculator salary tool to see how even a small percentage raise compounds into significant gains over 5–10 years.
Average Salary Raise by Industry
| Industry | Average Raise |
|---|---|
| Technology | 4.5–6% |
| Healthcare | 3.5–5% |
| Finance | 4–5.5% |
| Education | 2–3.5% |
| Retail | 2.5–4% |
FAQ
What is a salary raise?
A salary raise is a permanent increase to your base annual compensation, usually expressed as a percentage of your current salary.
How often should I get a salary raise?
Most companies review salaries annually. High performers may receive raises every 6–12 months. At minimum, you should receive cost-of-living adjustments to keep up with inflation.
Related Tools
- Pay Raise Calculator — the complete raise tool
- Percent Raise Calculator — calculate any % raise
- Annual Raise Calculator — multi-year projections