Pay Raise Calculator
Enter the current salary and either the new salary or a percentage. The calculator shows the absolute change and spreads it across the year using the hours you type. Figures are gross.
Calculator
How the number is produced
Percent = (new − current) ÷ current × 100. If you type a percent instead, new = current × (1 + percent ÷ 100). Monthly difference = annual difference ÷ 12. Hourly difference = annual difference ÷ (weeks × hours).
Worked example
€50,000 to €55,000 is €5,000 a year, which is 10%. Over 12 months that is €416.67 a month. Over 2,080 hours it is about €2.40 an hour.
When this is useful
An offer is quoted as a percent and you want the month, or the other way around.
Limits
It does not model tax bands. A 10% gross raise is not a 10% raise in take-home pay.
More on the assumptions is on how the calculators work.
Questions
Can I enter a pay cut?
Yes. Type a new salary below the current one. The percent will be negative.
Related tools
If a result disagrees with the formula on this page, email hello@gettowork.online.