Raise Calculator

Last updated: November 14, 2026

Direct answer. New pay = Current pay × (1 + Raise % ÷ 100). The raise amount is Current pay × (Raise % ÷ 100). A 3% raise on $60,000 is $1,800, so new pay is $61,800.

A pay increase in the United States is often announced as a percent of current pay. This calculator turns that percent into a new salary or wage and shows the raise in dollars, so an offer letter and a budget can use the same numbers.

How to use this calculator

• Enter current pay in dollars. Annual salary and hourly wage both work, as long as you read the result in the same unit.
• Enter the raise as a percent, such as 3 for a 3% increase.
• Read the new pay and the raise amount, with the working underneath.

The formula

A raise percent is applied to current pay, not to a future target. Both the raise and the new pay are in the same unit as the current amount.

Worked examples

Current pay	Raise (%)	Raise amount	New pay
$60,000	3	$1,800	$61,800
$25.00 / hour	4	$1.00 / hour	$26.00 / hour
$48,000	0	$0	$48,000

When this is useful in the United States

Employees comparing a merit increase with last year’s salary can put the official percent next to the current annual figure from a W-2 or offer letter.

Hiring managers drafting an offer can check that a 3% adjustment on a posted range lands on a round salary they intend to write down.

Hourly staff can apply the same percent to the wage rate, then convert to annual pay only if the hours and weeks are known.

Common mistakes

• Adding 3 to $60,000 and calling it a 3% raise. Three dollars is not 3%.
• Mixing a monthly current salary with an annual raise discussion without converting first.
• Confusing a raise percent with percentage points of a benefit rate. Those are different tools.

Keep the unit consistent. If current pay is $5,000 per month, a 3% raise is $150 per month, or $61,800 only after you have confirmed that $5,000 × 12 is the $60,000 starting point. Cost-of-living language in a U.S. workplace sometimes tracks an inflation figure; this raise tool does not import that figure. Use the inflation calculator if you want a separate buying-power comparison. A raise percent is applied to current gross pay, not to take-home pay. A 3% increase on a $60,000 salary is $1,800 of gross pay; withholding, retirement deferrals, and insurance premiums will still come out of the new figure. If a workplace announces a dollar raise instead of a percent, divide the dollar amount by current pay and multiply by 100 to see the implied percent, or skip this tool and add the dollar amount by hand. When two offers are a year apart, a raise percent is not an inflation adjustment unless you compare it with a rate you have looked up yourself. Hourly and salaried figures can use the same formula only when you keep the period consistent from input to result. Write the new pay down in the same period you entered: annual next to annual, or hourly next to hourly. If you need both, convert hours separately with the hourly-to-salary calculator rather than mixing the two in one field. The raise amount is gross, before any deduction. If a bonus or commission is described as a percent of a different base — sales, for example — do not enter that percent here as if it were a raise on salary. This calculator only scales the current pay figure you type. Keep the bonus math separate, then add the dollar bonus to new pay if you want a combined total.

Frequently asked questions

• Hourly to salary calculator
• Percentage increase calculator
• Inflation calculator
• Percentage points calculator