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Salary & Job Calculators

Pay Raise Calculator

See your new hourly or annual pay after a raise, the extra per paycheck, and the raise over several years.

Also known as raise calculator, pay increase, wage increase calculator.

Enter values

Results update as you type.

Result

New pay per hour

$22.88

Extra per year
$1,830.40
Extra per bi-weekly paycheck
$70.40
Pay after 5 yearly raises
$26.77

About the Pay Raise Calculator

See your new hourly or annual pay after a raise, the extra per paycheck, and the raise over several years.

Also known as: raise calculator, pay increase, wage increase calculator.

How to use this calculator

  1. Enter current pay, per, raise, project for years.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Pay Raise formula

New = old × (1 + r)

Worked example

Using the values pre-filled in the calculator above:

  • Current pay = 22
  • Per: Hour
  • Raise = 4 %
  • Project for years = 5

the calculator returns:

  • New pay per hour: 22.88
  • Extra per year: 1,830.4
  • Extra per bi-weekly paycheck: 70.4
  • Pay after 5 yearly raises: 26.77