Raise Calculator
Enter your current pay and either a proposed raise percentage, a fixed increase, or your new pay. Use your working pattern to see consistent annual, monthly, weekly, daily and hourly gross-pay equivalents.
Your estimated pay rise
Based on a percentage change in gross pay and your stated work pattern. All figures are before tax and deductions.
Your raise breakdown
| Item | Value |
|---|---|
| Current annual gross pay | £40,000 |
| Percentage increase (5%) | +£2,000 |
| Additional fixed increase | £0 |
| New annual gross pay | £42,000 |
This is an estimated gross increase of £166.67 per month and £38.46 per week on an annualised basis, before tax and other deductions.
Your gross pay after the change
| Pay period | Current gross pay | New gross pay | Change |
|---|---|---|---|
| Hourly | £20.51 | £21.54 | +£1.03 |
| Daily | £153.85 | £161.54 | +£7.69 |
| Weekly | £769.23 | £807.69 | +£38.46 |
| Fortnightly | £1,538.46 | £1,615.38 | +£76.92 |
| Monthly | £3,333.33 | £3,500.00 | +£166.67 |
| Annual | £40,000 | £42,000 | +£2,000 |
Monthly and every-two-week figures are annualised averages. Actual paychecks can differ because of pay frequency, overtime, bonuses, unpaid leave, payroll calendars and deductions.
This calculator shows gross pay before deductions. It does not estimate tax, take-home pay, National Insurance, Social Security, Medicare, pension or retirement contributions, health insurance, student-loan deductions, benefits, bonuses, overtime entitlement or other payroll deductions.
This is a gross-pay calculation. Your take-home increase can be different after tax, payroll deductions, pension or retirement contributions, health insurance, student-loan deductions and other withholdings.
How to calculate a pay rise percentage
To calculate a percentage pay rise, multiply current pay by the percentage increase and add the result to current pay.
- raise amount = current pay × (pay rise percentage ÷ 100)
A 5% raise on a £40,000 annual salary is £2,000, producing a new gross salary of £42,000.
How to calculate percentage increase between two salaries
Moving from $60,000 to $63,000 is a $3,000 increase: ($3,000 ÷ $60,000) × 100 = 5%. Use "I know my current and new pay" mode to run this calculation directly, or the Percentage Increase Calculator for a general-purpose version that is not specific to pay.
What does a pay rise look like per month?
Divide the annual gross increase by 12 to calculate an average monthly gross increase. This is an annualised average; actual paychecks can differ depending on pay frequency, overtime, bonuses, unpaid leave and payroll calendars.
Gross pay vs take-home pay
This calculator shows gross pay before tax and deductions. Your take-home increase depends on country or region tax rules, payroll taxes, pension or retirement contributions, health insurance, student-loan repayments and other deductions. Use the UK Take-Home Pay Calculator or another country-specific take-home-pay calculator for an after-tax estimate.
Percentage raise plus fixed increase
Some offers include both a percentage increase and a fixed amount. This calculator applies the percentage to current pay first, then adds the fixed increase. If your employer uses a different order, use the "I know my current and new pay" option to calculate the actual change directly rather than reconstructing the order of operations.
What about inflation?
A pay rise increases nominal gross pay. Whether it improves purchasing power depends on inflation and changes in your own costs. Comparing a raise to inflation needs a maintained inflation figure or a personal cost assumption, which this calculator does not include.