What the pay raise calculator does
When someone offers you “a 10% raise” or you move from one salary figure to another, it is not always obvious how much real money that is per month and per year. This calculator solves a pay raise both ways: it gives you the new salary when you know the percentage, and the percentage when you know the new salary. It also shows the raise in money plus its yearly equivalent, so you can negotiate with clear numbers.
Everything runs in your browser on gross amounts (before taxes, social security and other deductions). It is a handy estimate for comparing offers, not an official payslip.
How to use it
Pick a mode with the buttons at the top:
- I know the % — what is the new salary? Enter your current salary and the offered percentage. You get the new salary and how much it goes up.
- I know the new salary — what % is that? Enter your current and new salary. You get the exact raise percentage.
Then set two details:
- Currency: choose the one you use (DOP, USD, EUR, MXN, COP, ARS) or “no symbol” to see plain numbers.
- The salary is per: tell it whether the amount you typed is monthly or yearly. The tool then works out the equivalent for the other period (for example, a monthly raise multiplied by 12).
The formula
Two complementary formulas are used, depending on the mode:
New salary = current salary × (1 + percentage ÷ 100)
Raise in money = new salary − current salary
And in reverse, to find the percentage:
Raise percentage = ((new salary − current salary) ÷ current salary) × 100
The yearly equivalent of a monthly raise is simply the monthly raise times 12; conversely, a yearly raise is divided by 12 to view it per month.
Worked example
You earn 30,000 a month and are offered a 10% raise:
- New salary:
30000 × (1 + 10 ÷ 100) = 30000 × 1.10 = 33000. - Monthly raise:
33000 − 30000 = 3000. - Yearly equivalent:
3000 × 12 = 36,000more per year.
Now the other way. You know you will move from 30,000 to 34,500 and want the percentage:
- Raise:
34500 − 30000 = 4500. - Percentage:
(4500 ÷ 30000) × 100 = 15%.
Common raises table
On a current salary of 30,000, the most requested raises look like this:
| Raise | Adds | New salary |
|---|---|---|
| 3% | 900 | 30,900 |
| 5% | 1,500 | 31,500 |
| 7% | 2,100 | 32,100 |
| 10% | 3,000 | 33,000 |
| 15% | 4,500 | 34,500 |
| 20% | 6,000 | 36,000 |
The table inside the tool recalculates itself from whatever salary you type, so you can see your own scenarios instantly.
Frequently asked questions
Is the result gross or net?
Gross. The calculator uses the salary before taxes and deductions because raise percentages are almost always negotiated on the gross figure. Your net pay depends on your country, your tax bracket and your deductions, so for that use a net salary calculator for your jurisdiction.
Is a 10% raise twice the same as a single 20% raise?
No, and this is a common trap. Two consecutive 10% raises do not add up to 20%: the second one applies to an already higher salary. If you earn 30,000, the first 10% takes you to 33,000 and the second 10% takes you to 36,300, not 36,000. The true compounded raise is 21%.
How do I compare a yearly offer with my monthly salary?
Put both amounts in the same unit. If your salary is monthly and the offer is yearly, divide the offer by 12 to compare month by month, or multiply your monthly figure by 12 to view it per year. The “the salary is per” selector does that conversion for you.
Can it calculate a pay cut?
Yes. If the new salary is lower than the current one, the percentage comes out negative and the tool warns you that it is a reduction, not a raise. That is useful for measuring the impact of cuts or moving to reduced hours.
Does the raise beat inflation?
That depends. A “real” raise is one that outpaces inflation over the period. If you get 6% but prices rose 8%, your purchasing power went down. Always compare your raise percentage with your country’s annual inflation to know whether you truly earn more.