Pay Raise Calculator
Formula
New Salary = Current × (1 + Raise% ÷ 100)
Multiply your current salary by (1 + raise percentage / 100) to get your new salary. A 5% raise on $50,000 means an extra $2,500 per year.
Frequently Asked Questions
What is a good raise percentage?
3-5% is typical for annual merit raises. Promotions often come with 10-20% increases.
How do I negotiate a raise?
Research market rates for your role, document your achievements, and present a specific number backed by data.