Salary Raise Calculator
A Raise Is Just a Percentage Applied to One Number
Whether HR hands you a flat percentage or simply tells you your new salary, the relationship between the two numbers is fixed by one equation. This calculator runs it in both directions — project a new salary from a percentage increase, or reverse-engineer the percentage from an old and new salary figure, which is useful when a raise letter only states dollar amounts.
The Formula
New Salary = Current Salary × (1 + Raise % / 100)
Raise % = ((New Salary − Current Salary) / Current Salary) × 100
Raise % = ((New Salary − Current Salary) / Current Salary) × 100
How Small Percentage Differences Add Up
| Raise % | New salary | Dollar increase |
|---|---|---|
| 2% | $61,200 | $1,200 |
| 3% | $61,800 | $1,800 |
| 5% | $63,000 | $3,000 |
| 7% | $64,200 | $4,200 |
| 10% | $66,000 | $6,000 |
The gap between a 2% and a 10% raise on the same base salary is $4,800 a year — small percentage differences compound into meaningful dollar amounts at typical salary levels.
Where This Gets Used
- Evaluating an annual review offer — converting a stated percentage into an actual dollar figure to compare against cost-of-living increases or inflation.
- Reverse-checking a raise letter — when only the new salary is disclosed, working backward to the percentage to see how it compares with typical annual increases.
- Multi-year planning — projecting salary growth across several review cycles by applying the formula repeatedly.
How to Use This Calculator
- Choose Find New Salary or Find Raise Percentage.
- For Find New Salary, enter your Current Salary and the Raise Percentage.
- For Find Raise Percentage, enter your Current Salary and New Salary.
- Select Calculate to see the result and the full worked formula.
Related Calculations
Compare a raise against a full job change with the Job Offer Comparison Calculator, or prepare an ask with the Salary Negotiation Calculator.