Pay Raise Percentage Calculator

See the percentage increase between your current and new pay.

How to calculate a pay raise percentage

Subtract your current pay from the new pay, divide that increase by your current pay, then multiply by 100. For example, moving from $60,000 to $65,000 is a $5,000 increase. $5,000 divided by $60,000 equals 0.0833, so the raise is about 8.33%.

Compare the raise in real dollars

The same formula works for annual salary, hourly pay or any two amounts using the same unit. If you are comparing a salaried offer, use the Salary to Hourly Calculator to see what the new salary is worth per hour. For an hourly offer, use the Hourly to Salary Calculator to estimate the annual difference. If overtime is part of the role, check the Overtime Pay Calculator before comparing total compensation.

Turn the raise into a career plan

If you are comparing a raise, promotion or outside offer, the Career Command Kit helps you organize the decision, position your value and prepare your next move.