Pay Rise Calculator
Enter your current salary or hourly rate and a proposed rise (as a percentage or a fixed amount) to see exactly what it means across a year, month and week.
Up from $60,000/yr — a 5.0% change.
How this is calculated
For a percentage rise, we multiply your current amount by (1 + percentage ÷ 100). For a fixed rise, we simply add the amount you enter.
If you're entering an hourly rate, we convert both the current and new amounts to an annual figure using the hours and weeks per year you provide, so the dollar increases are comparable.
Formula
New amount (percentage) = current amount × (1 + rise % ÷ 100)New amount (fixed) = current amount + fixed riseIncrease (annual) = new annual amount − current annual amountWorked example
A $60,000 salary with a 5% rise becomes $63,000 — an increase of $3,000 a year, about $250 a month, or roughly $58 a week.
This calculator provides an estimate based on the numbers and assumptions you enter. It’s for general informational purposes and does not constitute financial, tax, legal, investment or credit advice. See our disclaimer and how we calculate pages for more detail.
Frequently asked questions
No. This shows the change in gross pay based on the numbers you enter. Your take-home increase will depend on your tax situation.