Raise Calculator
Calculate your new salary after a raise. See the dollar increase, percentage change, and impact on your paycheck and annual earnings.
Current & New Salary
Enter either the raise percentage or the new salary to calculate the other
Your Raise Summary
Before & After Comparison
| Pay Period | Before Raise | After Raise | Increase |
|---|---|---|---|
| Weekly | $0 | $0 | $0 |
| Biweekly | $0 | $0 | $0 |
| Monthly | $0 | $0 | $0 |
| Annual | $0 | $0 | $0 |
How Your Raise Compares
Negotiating Your Raise
When asking for a raise, research salary data for your position, document your achievements, and time your request strategically. Consider the full compensation package including benefits, bonuses, and growth opportunities.
Understanding Raise Types
- Cost of Living Adjustment (COLA): Keeps pace with inflation (typically 2-4%)
- Merit Raise: Based on performance (typically 3-5%)
- Promotion Raise: Accompanies new responsibilities (typically 8-15%)
- Market Adjustment: Brings salary in line with market rates
Frequently Asked Questions
A typical annual raise is 3-5%. Cost of living adjustments are usually 2-4%, while merit-based raises for strong performance might be 5-8%. Promotions often come with 8-15% increases.
Most companies review salaries annually during performance reviews. However, you can request a raise anytime if you've taken on significant new responsibilities or can demonstrate you're underpaid compared to market rates.
Only the portion of your income above a bracket threshold is taxed at the higher rate. A raise never reduces your take-home pay, though a larger portion may be subject to higher marginal tax rates.