Pay Raise Calculator

Q: How do I calculate a pay raise percentage?

Pay Raise Percentage = ((New Salary - Old Salary) ÷ Old Salary) × 100. For example, going from $50,000 to $55,000 is a ($5,000 ÷ $50,000) × 100 = 10% raise.

Q: What is a good pay raise?

A typical annual raise is 3-5% to keep up with inflation. A raise of 5-10% is considered good, 10-20% is excellent (often for promotions), and 20%+ typically comes with a significant role change or job switch.

How to Calculate a Pay Raise

There are two common ways to calculate a raise:

From percentage: New Salary = Current Salary × (1 + Raise% / 100)

To find percentage: Raise% = ((New Salary - Old Salary) ÷ Old Salary) × 100

Pay Raise Reference Table

Current Salary	3% Raise	5% Raise	10% Raise	15% Raise
$35,000	$36,050	$36,750	$38,500	$40,250
$45,000	$46,350	$47,250	$49,500	$51,750
$55,000	$56,650	$57,750	$60,500	$63,250
$65,000	$66,950	$68,250	$71,500	$74,750
$75,000	$77,250	$78,750	$82,500	$86,250
$85,000	$87,550	$89,250	$93,500	$97,750
$100,000	$103,000	$105,000	$110,000	$115,000

What is a Good Pay Raise?

2-3%: Cost of living / inflation adjustment
3-5%: Standard merit raise for good performance
5-10%: Strong performance or above-average adjustment
10-20%: Promotion or significant role change
20%+: Major promotion, job change, or counter-offer

The average annual raise in the US is approximately 3-4%. Switching jobs often yields 10-20% higher pay.

FAQ

How do I calculate a pay raise percentage?

Raise % = ((New Salary - Old Salary) ÷ Old Salary) × 100. Going from $50K to $55K = ($5K ÷ $50K) × 100 = 10%.

What is a good pay raise?

3-5% is standard, 5-10% is good, 10-20% is excellent (usually a promotion), 20%+ typically requires a job change.