Salary Increase Calculator

Calculate what a percentage raise means in dollars, or find out how many percent a dollar raise actually represents.

New salary
$52,500
5% increase from $50,000
Dollar difference
Difference per month
Percentage increase
5.00%
$50,000 → $52,500
Dollar difference
Difference per month

How to use the salary increase calculator

  1. Choose whether to calculate from percent (you know the percentage raise you want) or from amount (you know the new salary and want the percentage).
  2. Enter your current salary, and either the desired percentage increase or the new salary.
  3. The calculator shows the result immediately, including the dollar difference and difference per month.

How the raise is calculated

From percent: New salary = Current salary × (1 + percent ÷ 100)
From amount: Percent = (New salary − Current salary) ÷ Current salary × 100

If you have a $50,000 salary and get a 5% raise, the new salary is $50,000 × 1.05 = $52,500 — an increase of $2,500, or roughly $208 more per month before tax.

If instead you've been offered $52,500 and want to know what percentage that represents from a $50,000 salary, use the "From amount" tab — the $2,500 difference works out to 5% of the starting salary.

Note: All amounts in this calculator are gross pay, i.e. before tax. Tax withholding normally increases somewhat along with the raise, so the actual increase in your take-home pay will be somewhat lower than the dollar difference shown here.

Frequently asked questions

How do I calculate how many percent a raise represents?

Subtract the old salary from the new one, divide by the old salary, and multiply by 100. Use the "From amount" tab above and the calculator does this for you automatically.

Is the raise I see here gross or net?

The figures are gross, i.e. pay before tax. The net increase in your take-home pay will be somewhat lower because tax withholding normally increases with higher income.

Should I compare my raise to inflation?

Yes, that's a good idea. If your raise is lower than inflation over the past year, you've effectively become worse off even though the dollar amount on your pay stub has gone up — this is called a real-terms pay cut.