# Work out your pay after a raise

> Type your pay and the raise as a percent, a new pay or an amount more, and see the change in every period.

Work out your new pay after a raise per hour, week, month or year, and the real change after inflation. Runs in your browser, nothing stored, free.

- Tool: [Pay raise calculator](https://fixmint.cc/pay-raise-calculator)
- Category: [Numbers & dates](https://fixmint.cc/numbers)
- Fixes: What is my pay after a raise?
- Runs in the browser: files and text stay on the device, no sign-up, free.

## How to work out a pay raise

1. Choose the period your pay is quoted in, then type your pay and your hours.
2. Pick a percent, a new pay or an amount more, and type that figure.
3. Read the new pay, the change per hour, week, month and year, and the real change after inflation.

## Questions

### How is the percent worked out?

Raise % = (new pay ÷ old pay − 1) × 100. Going from 50,000 to 52,500 is 52,500 ÷ 50,000 − 1 = 5%. Type any one of the three forms and the other two follow from it.

### Why is a raise below inflation a pay cut?

Prices rise too. Your buying power changes by (1 + raise) ÷ (1 + inflation) − 1. A 3% raise with 4% inflation gives 1.03 ÷ 1.04 − 1 = −0.96%: you can buy about 1% less than before, even though your pay went up.

### Is the figure before tax?

Yes. Results are before income tax and other deductions. Tax rules differ by country and are not modelled here.

### How is hourly pay converted?

Yearly pay = hourly rate × hours per week × 52. A monthly figure is the yearly figure ÷ 12, and a weekly figure is the yearly figure ÷ 52.

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