Pay raise calculator
See your new pay after a raise, or work out what percent raise an offer really is. Hourly, monthly or yearly.
Your new pay
$52,000 a year
+$2,000 a year, a 4% raise
| Pay | Before | After | Difference |
|---|---|---|---|
| Hourly | $24.04 | $25.00 | +$0.96 |
| Weekly | $961.54 | $1,000 | +$38.46 |
| Every two weeks | $1,923 | $2,000 | +$76.92 |
| Monthly | $4,167 | $4,333 | +$166.67 |
| Yearly | $50,000 | $52,000 | +$2,000 |
Before tax. Based on 40 hours a week for 52 weeks a year.
How to calculate a pay raise
To find your new pay, multiply your current pay by 1 plus the raise as a decimal. A 4% raise on $50,000 is $50,000 × 1.04 = $52,000.
To find the raise percent, take the new pay minus the old pay, divide by the old pay and multiply by 100. Going from $50,000 to $53,500 is a 7% raise.
Compare the raise with inflation for the same year. If prices rose faster than your pay, your money buys less than before, even after the raise.
Pay raise calculator questions
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