Pay Rise Calculator
Estimate how a pay rise changes your salary, monthly pay and annual earnings increase.
Overview
A pay rise calculator helps you estimate how much a salary increase changes your annual pay and regular pay amount. Enter your current salary, choose a percentage or fixed raise, and select your pay frequency to see the difference.
How it works
The calculator first works out the value of your raise either as a percentage of your current annual salary or as a fixed annual amount. It then adds that increase to your current salary to estimate your new annual pay and divides the result by your pay frequency to show your updated pay per period.
How to use this calculator
- 1Enter your current annual salary.
- 2Choose whether your pay rise is a percentage or a fixed amount.
- 3Enter the raise value.
- 4Select how often you are paid.
- 5Review your new annual salary and updated pay per period.
Example Calculation
Current annual salary
$50,000
Pay rise type
percent
Pay rise percentage
5%
Pay frequency
monthly
New annual salary
$52,500
If your current salary is 50000 and you receive a 5% raise, your new annual salary would be about 52500 and your monthly gross pay would be about 4375.
Frequently asked questions
What does this pay rise calculator estimate?
It estimates your new gross annual salary, the amount of your increase, and your updated pay per selected pay period.
Can I calculate a percentage or fixed pay rise?
Yes. You can choose either a percentage increase or a fixed annual amount increase.
Does this calculator show take-home pay?
No. It focuses on gross pay before tax and other deductions, so your net pay may change differently.
Should I enter annual salary or hourly pay?
This version is designed for annual salary. If you are paid hourly, convert your pay to an annual amount first for a rough estimate.
Why might my actual payslip look different?
Taxes, pension contributions, salary sacrifice, bonuses, and payroll timing can all affect the amount you actually receive.
Explore Related Calculators
Assumptions and warnings
Assumptions
- This calculator works with gross pay before tax, pension, bonuses or other deductions.
- Results are estimates based on the salary and raise information you enter.
- The calculator assumes your raise applies to your full annual salary.
- It does not include overtime, commission, benefits or one-off payments.
Warnings
- This calculator provides an estimate only and is not financial advice.
- Your actual take-home pay may differ because of tax, deductions and payroll rules.