Pay Raise Calculator
Calculate your new salary from a percentage raise, or find the percentage raise between your old and new salary.
Salary Raise Percentage Mathematics
Pay raise calculator computes your new salary from a percentage increase, or finds the percentage raise between your old and new salary.
A percentage raise scales your entire salary by a growth factor. The same formula works in reverse — given old and new salary, dividing the dollar increase by the old salary reveals the raise percentage.
- 1Choose whether you know the raise percentage (solve for new salary) or the new salary (solve for raise percentage).
- 2Enter your current salary and the known value.
- 3View the resulting new salary or raise percentage, plus the dollar increase.
An employee earning $60,000 receives an 8% raise.
Frequently Asked Questions (FAQ)
Subtract the old salary from the new salary, divide by the old salary, then multiply by 100: ((New − Old) ÷ Old) × 100.
Typical annual merit raises range from 3-5%, roughly tracking or slightly exceeding inflation; raises above 8-10% usually reflect a promotion, role change, or market-rate correction rather than a standard annual adjustment.
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