Pay Raise Calculator
Enter your current salary and raise percentage to see your new salary, annual increase, and monthly boost instantly.
Negotiating your base salary is one of the highest-ROI moves you can make — it compounds every year for the rest of your career.
5%
Average merit raise in the US in 2026 for solid performers
$271
Monthly increase from a 5% raise on a $65,000 salary
3×
More likely to see a large raise if you switch jobs vs staying put
What your raise really means
Context that makes the number matter.
Raises compound over time
A 5% raise sounds modest, but applied year after year it compounds. Someone earning $65k who gets 5% annually reaches $105k in 10 years — without changing jobs. Consistency beats chasing big one-time jumps.
Job switching still pays more
The average raise when switching jobs is 10–20%. If you've been in your role for 2+ years and are consistently performing well, a well-timed job change often outperforms years of annual raises.
Negotiate the base, not the bonus
Always try to raise your base salary, not just bonuses or benefits. Base salary compounds — it affects your future raises, bonus calculations, 401k matching, and job offer comparisons for the rest of your career.
How the Pay Raise Calculator Works
Formula
New Salary = Current Salary × (1 + Raise% ÷ 100)
Annual Increase = New Salary − Current Salary
Monthly Increase = Annual Increase ÷ 12Enter your current salary
Your gross annual salary before taxes.
Enter your raise percentage
Use a quick preset (2%, 3%, 5%, 8%, 10%) or slide to any value.
Read your results
New salary, annual increase, and the monthly difference instantly.
This calculator uses simple percentage arithmetic. The raise is applied to your gross annual salary to give you your new total, the annual uplift, and what that means per month.
Remember: taxes are not included here. Your take-home increase will be somewhat less depending on your tax bracket. Use the Take Home Pay Calculator to see the net difference.
Frequently Asked Questions
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