Financial Tool
Pay Raise Calculator
% & Flat RaiseAll Pay PeriodsInflation Adjusted10-Year Projection
Breakdown
6
periods
Annual to hourly
Quick Tool
See your new salary after a pay raise — broken down by every pay period.
Supports percentage and flat raises, inflation adjustment, and 10-year cumulative projections.
Pay Raise Calculator Guide
Use this calculator to understand exactly how a pay raise impacts your take-home pay across all pay periods — from annual salary down to hourly rate.
How to Use
- Enter your current salary (annual) or hourly rate
- Choose raise type: percentage or flat dollar amount
- Enter the raise value (e.g., 5% or $3,000)
- Review the breakdown across all pay periods
- Check the inflation-adjusted real raise
- Expand the 10-year projection for long-term planning
Understanding Inflation Impact
A raise that doesn't exceed the inflation rate effectively means a pay cut in purchasing power. For example, a 3% raise with 4% inflation means you can buy less than before despite earning more nominally.
Common Raise Scenarios
- Cost-of-living adjustment (COLA): Typically 2-3%, matching inflation
- Merit raise: 3-5% for strong performers
- Promotional raise: 10-20% for role changes
- Market adjustment: Varies, to match industry rates