Raise Calculator
See the impact of a pay raise on your annual and monthly income. Enter your current salary and raise percentage to calculate your new compensation.
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Frequently Asked Questions
What is a good annual raise percentage?
Average annual raises in the US are typically 3-5% for satisfactory performance. Promotions often come with 10-20% increases. If your raise does not match inflation (around 3%), your purchasing power is effectively declining.
How do I negotiate a higher raise?
Research market rates for your role, document your accomplishments and impact, choose the right timing (annual reviews, after a big win), and present a specific number backed by data rather than asking open-ended.
Does a 5% raise mean 5% more take-home pay?
Not exactly. The additional income is taxed at your marginal rate, so a 5% gross raise may translate to roughly 3-4% more take-home pay depending on your tax bracket. Use the Salary After Tax calculator for a precise estimate.
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