How to calculate a pay raise
New salary = current salary × (1 + raise %). A 5% raise on $60,000 is $60,000 × 1.05 = $63,000 — $3,000 more a year, $250 a month or about $115 every two-week paycheck. If you already know the new number, the raise percentage is (new − old) ÷ old × 100.
Is your raise beating inflation?
A raise only makes you better off if it is bigger than inflation. The real raise is (1 + raise) ÷ (1 + inflation) − 1. With a 5% raise and 3% inflation your buying power grows by about 1.9%. With a 3% raise and 4% inflation you are actually about 1% poorer, even though the number on your payslip went up. Enter your country’s inflation rate to see your real raise.
What is a good raise?
A typical yearly raise is around 3–5%. A promotion often brings 10–15%, and changing jobs commonly 10–20%. Use the negotiation table to see what each raise size means in money before you talk to your manager — asking for a specific amount backed by your results works better than asking for “a raise”.
How much more will I take home?
Choose your country in step 2 to see the raise after tax. Because extra income is taxed at your top rate, your take-home increase is smaller than the raise itself — the calculator shows both.
Take-home uses 2026 US federal tax + FICA, Pakistan FBR salaried slabs for 2026-27, or your own rate. Estimates only.
Two ways to enter a raise
- Raise in %: “I’m getting 5%” — the calculator shows the new pay.
- New pay amount: “My new salary is $63,000” — the calculator shows the raise in percent.
Example: $60,000 with a 5% raise becomes $63,000 — $3,000 more a year, $250 a month.
Your real raise after inflation
If prices rose 3% this year, a 5% raise only increases what you can buy by about 2%. The calculator shows this real raise. A raise lower than inflation means your pay actually buys less than last year, even though the number went up.
See it in your payslip
Choose your region and tax details to see an estimate of the extra take-home pay per month. A $3,000 raise is less than $250 a month after tax.
Project it forward
Set “project for” to 5 years to see how yearly raises add up — small percentages compound into a big difference over a career.
Asking for a raise?
- Know the number you want and what it means per month.
- Compare with inflation so you can show what “no raise” really costs.
- Check the hourly equivalent with the salary to hourly calculator.