Raise Calculator

How to work out a raise

1. Choose whether you know the raise percentage or the new pay.
2. Enter your current pay and the raise or the new pay.
3. See the difference per year, month and hour.

Frequently asked questions

How is the hourly difference worked out?

On 2,080 hours a year: 40 hours a week for 52 weeks.

How do I work out a raise percentage?

(New pay − old pay) / old pay × 100. Going from 50,000 to 53,000 is a 6% raise.

Does my raise beat inflation?

Only if the percentage is at least the inflation rate. A 3% raise in a year with 4% inflation is a cut in real terms.