Finance
Pay Raise Calculator
Calculate your new salary after a percentage raise, or the raise percentage between two salaries.
📅 Last updated: July 2, 2026
· Reviewed by the MyCalcKit Editorial Team
How this calculator works
Multiplies your current salary by (1 + raise%). For context, average US private-sector merit raises have typically run 3–4.5% annually in recent years — a raise above that range is generally considered above-market.