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Finance · Pay

Pay rise calculator.

See what a raise really adds up to. Enter your current salary and the rise as a percentage to get your new salary, the increase in cash, and your new monthly pay.

By Jean Borg · Founder & developerfreecalculators.pro · Malta · Updated June 2026
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Your raise

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The raise is applied to your current salary. A 5% rise on $50,000 adds $2,500, taking you to $52,500 a year.

New salary

$52,500

after a 5% raise

Raise amount+$2,500
New monthly$4,375.00
Current salary$50,000

A gross estimate, before tax and deductions, not financial advice. Calculations run in your browser; nothing you enter is stored.

How it works

What a raise adds up to

A pay rise multiplies your current salary by one plus the raise percentage. The calculator works out your new salary, shows the raise as a cash amount, and divides the new figure by twelve so you can see the monthly difference.

A 5% rise on a $50,000 salary adds $2,500, taking you to $52,500 a year, which is about $4,375 a month before tax.

Reference

A raise on $50,000.

The new salary for different raise percentages, starting from $50,000.

RaiseNew salary
2%$51,000
3%$51,500
4%$52,000
5%$52,500
7%$53,500
10%$55,000
15%$57,500
20%$60,000

The full guide

The complete guide to pay rises.

How a raise is calculated, how to read it as a percentage, and what a typical rise looks like.

How a pay rise is calculated

A pay rise is your current salary multiplied by one plus the raise as a decimal. A 5% rise means multiplying by 1.05. The difference between the new and old salary is the raise in cash, and it applies the same way whether you are paid hourly, weekly or annually.

Working from the percentage keeps it consistent, because the same percentage is worth more in cash on a larger salary.

Percentage versus cash

A raise can be quoted as a percentage or a fixed cash amount. To turn a cash raise into a percentage, divide it by your old salary and multiply by 100. A $2,500 raise on $50,000 is a 5% rise.

Comparing offers is easiest in percentage terms, but the cash figure is what changes your monthly budget, so look at both.

What is a typical raise?

Annual pay rises commonly track inflation plus a little, and merit increases in 2026 are projected to average around 3.5%. Strong performers often see 5% or more, and a promotion can bring a much larger jump.

Use the calculator to see what any offered percentage means for your salary and your monthly pay before you accept.

Gross versus take-home

This calculator shows the rise on your gross salary, before tax. Because tax is often banded, part of a raise can be taxed at a higher rate, so your take-home increase may be a little smaller than the gross figure suggests.

Treat the new salary here as the headline number, and check your payslip for the exact take-home change.

The formula

A raise,
in numbers.

Your new salary is the current one scaled up by the raise. The gap between them is the raise in cash.

Try the salary calculator ›
pay_rise
# New salary
new = current × (1 + raise/100)
raise_cash = new − current

# worked example
50,000 × 1.05 = 52,500 (+2,500)

Questions

Pay rise questions.

How do I calculate my new salary after a raise?

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Multiply your current salary by one plus the raise as a decimal. A 5% rise means times 1.05, so $50,000 becomes $52,500, a $2,500 increase.

How do I turn a cash raise into a percentage?

+

Divide the raise by your old salary and multiply by 100. A $2,500 raise on $50,000 is 2500 divided by 50000, times 100, which is 5%.

What is a good pay rise?

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It depends on your role and the economy. Merit increases in 2026 are projected to average about 3.5%, with strong performers often getting 5% or more and promotions bringing larger jumps.

Is the new salary before or after tax?

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It is gross, before tax. Because tax is banded, your take-home increase can be slightly smaller than the gross raise, so check your payslip for the exact figure.

Is this pay rise calculator free?

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Yes. It is completely free with no sign-up, and every calculation runs locally in your browser, so nothing you enter is stored or sent anywhere.

About the developer

Jean Borg

Jean builds and maintains every calculator on freecalculators.pro from Malta, with a focus on tools that are fast, free and show their working. The pay rise calculator shows gross pay using standard percentage maths and is provided for general use, not financial advice.