Loan Salary Raise Calculator
Got a raise offer? Enter your current salary and the raise percentage to see your new salary, the dollar increase, and what lands in each paycheck.
| Annual raise amount | $0 |
| New amount per paycheck | $0 |
| Extra per paycheck (gross) | $0 |
| New hourly equivalent | $0 |
How it works
New salary = current salary × (1 + raise % ÷ 100). Per-paycheck amounts divide by your pay frequency (26 for biweekly, 12 for monthly, etc.), and the hourly equivalent assumes a standard 2,080-hour work year. All figures are gross, before taxes and deductions.
Frequently asked questions
What is a good raise percentage?
In the US, merit raises average 3–5% per year. Promotions or job changes often bring 10–20%. Always compare against inflation so your real pay isn't shrinking.
Should I negotiate a 3% raise?
If inflation is 3% and your raise is 3%, your purchasing power didn't change. Aim above inflation and back it up with your contributions.
Is a bonus better than a raise?
A raise compounds year after year; a one-time bonus doesn't. A $3,000 raise beats a $3,000 bonus in every future year.
💰 Make the raise work harder
See what investing the raise each month grows into with compound interest, or plan the goal it funds.