Salary Increase Calculator
Calculate your new salary, annual dollar raise, and hourly wage increase from a percentage raise.
Salary increase
Salary raise formulas
Calculate the impact of a percentage adjustment on annual and hourly compensation:
Annual raise amount
The additional gross earnings per year.
New total salary
Direct multiplier for updated total compensation.
Frequently asked questions
How do you calculate a salary raise?
Multiply your current salary by the raise percentage and divide by 100 to get your annual raise: Raise Amount = Current Salary × (Raise% ÷ 100). Add the raise to your current salary to find your new salary: New Salary = Current Salary + Raise Amount.
How do you calculate the hourly equivalent of a salary raise?
For a standard full-time role (40 hours/week, 52 weeks = 2,080 hours/year), divide your annual dollar raise by 2,080 to find your hourly pay increase.
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