Pay Increase Calculator
Calculate your new salary, hourly rate and take-home pay after a raise. Compare percentage and fixed increases while accounting for taxes and inflation.
Add your current annual salary or hourly wage and working schedule.
Use either a percentage raise or a fixed annual increase.
Review new gross pay, estimated take-home pay and real increase after inflation.
Hourly pay is converted to annual pay using your entered hours per week and weeks per year. Estimated take-home pay applies one flat tax rate for comparison only. The real raise uses the simple difference between your raise percentage and inflation rate. Bonuses, benefits, overtime and progressive taxes are not included.
How do I calculate a percentage pay increase?
Multiply your current annual pay by the raise percentage, then add that amount to your current pay.
How is hourly pay converted to annual salary?
Hourly wage is multiplied by hours worked per week and weeks worked per year.
What is a real pay increase?
A real increase adjusts your nominal raise for inflation to show whether your purchasing power is likely to rise.
Results are estimates generated locally in your browser using standard financial formulas and the figures you enter. They are for informational purposes only and are not financial, credit, tax or legal advice. Actual offers, rates, fees and eligibility vary by provider. VisionVix accepts no liability for decisions based on this tool's output.
This calculator is for educational and planning purposes only. Tax and payroll results are estimates and may differ from your actual payslip.
