Salary Increase Calculator 2026
Calculate your new salary after a raise — or find out what raise % you need to hit a target.
See the impact across every pay frequency instantly.
How to Calculate a Salary Increase
Percentage raise: New salary = current salary × (1 + raise% ÷ 100). A $60,000 salary with a 5% raise becomes $60,000 × 1.05 = $63,000. The annual dollar increase is $3,000.
Flat dollar raise: New salary = current salary + raise amount. A $60,000 salary with a $3,500 raise becomes $63,500. The equivalent percentage is $3,500 ÷ $60,000 × 100 = 5.83%.
What Is a Good Raise in 2026?
Major compensation surveys project average salary increases of 3.5–4.5% for 2026. A raise below the current inflation rate is a real-terms pay cut — your purchasing power decreases even as your nominal salary goes up. Strong performers typically receive 5–8%, while promotions carry 10–20% increases.
How Much More Will You Take Home?
A $5,000 raise increases gross pay by $5,000 but your take-home increase will be less — typically 65–80% of the gross raise after federal taxes, FICA, and state taxes. The exact amount depends on your marginal tax bracket. Use the payroll tax calculator to see your exact new net paycheck.
Related: Salary to Hourly Calculator · Payroll Tax Calculator · Take Home Pay Calculator · Net to Gross Calculator
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