Pay Raise Calculator 2026
How much is a 5% raise? See your new salary and how much more per paycheck — weekly, biweekly, semi-monthly, or monthly. Works for salary or hourly, percentage or fixed raise.
Last updated 2026-01-25
Quick reference: 5% raise by salary
Use the calculator below for your exact salary and any raise % or fixed amount.
Pay Raise Calculator Guide
A pay raise calculator helps you see your new salary and how much more you get per paycheck after a raise. Whether you're getting a percentage raise (e.g. 5% raise) or a fixed dollar raise (e.g. $3,000 per year), enter your current pay above and the calculator will show your new annual salary, your new hourly rate if you entered hourly, and the extra amount per paycheck for weekly, biweekly, semi-monthly, and monthly pay schedules.
Use a pay raise calculator when you're negotiating a raise, comparing job offers, or planning budget after a promotion. Seeing "how much more per paycheck" makes it easier to plan savings or expenses. If you're paid hourly, enter your hourly rate and hours per week; the calculator converts to annual and shows your new hourly rate after the raise so you can compare to other jobs or overtime.
Understanding Your Raise
How much is a 5% raise?
A 5% raise means your new salary is your current salary plus 5% of that amount. For example, on $60,000, a 5% raise is $3,000 per year — about $115 more per biweekly paycheck, or $250 more per month.
How much more per paycheck?
The increase per paycheck depends on how often you’re paid. The calculator shows the exact extra amount for weekly (52 pays), biweekly (26), semi-monthly (24), and monthly (12) schedules so you can plan budget and savings.
Salary vs hourly
Enter either your annual salary or your hourly rate (plus hours per week). For hourly, we convert to annual and show your new hourly rate after the raise so you can compare.
Percentage vs fixed raise
Use a percentage (e.g. 5%) for “I’m getting a 5% raise,” or use the fixed dollar field for “I’m getting a $3,000 raise.” The calculator shows your new salary and, for percentage raises, the effective raise amount.
Your raise (annual)
Total dollar increase per year. This is what gets spread across your paychecks.
How much more per paycheck
The extra amount per pay period (weekly, biweekly, semi-monthly, monthly). Use this to see the real impact on each check.
New salary / new hourly
Your pay after the raise — annual salary and, for hourly input, your new hourly rate.