# Raise Calculator

> Calculate your new salary or hourly rate after a raise, in dollar amount or percentage, plus the dollar difference.

**URL:** https://www.calculatoranswers.com/raise-calculator
**Category:** Money

## Quick Answer

Calculate your salary increase in dollars or percentage. Enter your current pay rate and the raise details to see your new wage breakdown.

## Definition

A raise calculator is a financial utility that computes wage increases for salaried or hourly employees. It takes a current pay rate and a raise amount (expressed as a flat dollar figure or a percentage) to determine the new pay rate and the total change in gross earnings. The calculator typically breaks down these earnings changes across weekly, biweekly, monthly, and annual payroll cycles.

## How to Use

1. **Select wage type** — Choose either salary or hourly mode to match your current employment terms.
2. **Input current pay and raise details** — Enter your starting salary or hourly rate, and input the raise as either a percentage or flat dollar amount.
3. **Read the wage breakdown** — View your new pay rate, the absolute increase, and the equivalent changes across multiple payroll periods.

## Disclaimer

This calculator provides estimates for educational and planning purposes. Always consult a qualified professional for specific advice on financial, medical, legal, or other regulated decisions.

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