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Pay Raise Calculator

Last updated: October 2026

Calculate your exact new pay after a raise by percentage or fixed amount. See annual, monthly, weekly, and hourly wage gains instantly.

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Calculation Results

NEW ANNUAL SALARY
$34,320
↑ +$3,120 (+10.0%)
NEW MONTHLY PAY
$2,860
↑ +$260 / month
NEW WEEKLY PAY
$660
↑ +$60 / week
NEW HOURLY RATE
$16.50/hr
↑ +$1.50 / hour
ANNUAL RAISE +$3,120
NEW BI-WEEKLY $1,320
MONTHLY RAISE +$260
HOURLY RAISE +$1.50

Pay Raise Quick Reference Table

Current Rate 3% Raise 5% Raise 10% Raise
$15/hr$15.45/hr$15.75/hr$16.50/hr
$20/hr$20.60/hr$21.00/hr$22.00/hr
$25/hr$25.75/hr$26.25/hr$27.50/hr
$30/hr$30.90/hr$31.50/hr$33.00/hr
$35/hr$36.05/hr$36.75/hr$38.50/hr
$40/hr$41.20/hr$42.00/hr$44.00/hr
$45/hr$46.35/hr$47.25/hr$49.50/hr
$50/hr$51.50/hr$52.50/hr$55.00/hr
$60/hr$61.80/hr$63.00/hr$66.00/hr
$75/hr$77.25/hr$78.75/hr$82.50/hr

Gross wage increases. Click any row to load into the calculator.

How It Works

A pay raise increases your gross earnings either through a percentage increase or a fixed sum added to your current pay rate.

New Salary = Current Salary × (1 + (Percentage ÷ 100))

For example, if your current wage is $15.00/hour ($31,200 annual) and you receive a 10% raise, your wage increases by $1.50 to $16.50/hour, bringing your new annual compensation to $34,320—an additional $3,120 per year before taxes.

All calculations display gross earnings before taxes and retirement contributions.

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Why Choose SuparMax?

Learn how our payroll algorithms work: Read our methodology →

Frequently Asked Questions

What is a standard annual pay raise?
A typical annual cost-of-living raise is between 3% and 5%. Promotion raises or strong performance merit increases commonly range from 7% to 15% or higher.
How do you calculate a percentage raise?
Multiply your current pay by the raise percentage divided by 100 to get the increase, then add that to your current pay. For example, a 10% raise on $50,000 is $5,000, bringing your new salary to $55,000.
What is the difference between a merit raise and a cost-of-living adjustment (COLA)?
A cost-of-living adjustment (COLA) offsets inflation and is given broadly across employees. A merit raise rewards individual achievement, exceeding performance benchmarks, or taking on greater responsibilities.
Which currencies are supported?
We support 6 currencies: US Dollar ($), Euro (€), British Pound (£), Canadian Dollar (C$), Indian Rupee (₹), and Japanese Yen (¥). Currency switching is instant and updates all calculations and reference tables in real time.
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