How do I calculate a salary raise?

Raise amount = New salary − Old salary. Raise percentage = (raise ÷ old salary) × 100. A raise from $60,000 to $64,500 is a $4,500 raise, or a 7.5% increase.

Salary Raise Calculator

Calculate the dollar amount of a raise from your current salary and raise percentage.

This tool runs in your browser. None of your data is saved or sold.

Current annual salary ($)

Raise percentage (%)

About This Calculator

This calculator works in the opposite direction from the raise percentage calculator — enter your current salary and a percentage raise to find the exact dollar amount and new annual salary. Useful when an employer says 'we're offering a 5% raise' and you want to know what that actually means in dollars.

Estimates only — not financial, tax, legal, or investment advice. Verify important results with a qualified professional before making decisions.

raise amount = current × (rate ÷ 100); new salary = current + raise; monthly increase = raise ÷ 12