Use the free raise calculator for live numbers. All FAQs · How we calculate · How-to guide.
Raise math & formulas
How does Nestfigure’s raise calculator work?
It applies raise amount = current × (raise % ÷ 100) and new pay = current + raise amount, then shows annual, monthly (÷12), biweekly (÷26), and weekly (÷52) views, a before/after chart, a percent comparison table, copy results, and PDF export. Educational estimates only—not payroll. See how the raise calculator works for full assumptions.
How much is a 5% raise on $60,000?
Stated sample only: 5% of $60,000.00 is $3,000.00; new annual $63,000.00 (about $5,250.00/month before taxes). See the scenario guide How much is a 5% raise on $60,000? for a full table.
What is a 5% raise on $20 an hour?
Stated assumptions $20/hour, 40×52 (≈ $41,600.00 annualized): 5% → new hourly about $21.00, raise about $2,080.00/year. See the scenario guide What is a 5% raise on $20 an hour?
What percent is a $1.50 hourly raise?
Percent = (dollar raise ÷ current hourly) × 100. On $20/hour, $1.50 is 7.5%. On $30/hour, $1.50 is 5%. Enter your rate in the raise calculator.
Can I prefill the raise calculator from a link?
Yes. Parameters: mode (annual|hourly), annual or current, hourly, hoursPerWeek, weeksPerYear, raisePercent, raiseAmount, taxRate. Example: open the raise calculator with $60,000 and 5%.
National trends & “good” raises
Is a 3% raise good?
Nestfigure does not label raises good or bad. Math: new pay = current × 1.03. For national wage-and-salary trends (not your raise), BLS ECI reported civilian wages and salaries up 3.4% for the 12-month period ending in March 2026 (not seasonally adjusted), USDL-26-0669 (April 30, 2026). See the BLS Employment Cost Index and re-check live data.
What is the average employer raise?
Nestfigure does not maintain an employer average. Use BLS Employment Cost Index publications for aggregate U.S. wage-and-salary movements—not a promise of your next raise.
Am I legally supposed to get a raise every year?
Nestfigure is not a law firm and does not give legal advice. Many U.S. private-sector roles have no universal legal right to an annual raise; contracts, unions, and local law can differ. Consult a qualified attorney or official labor resources.
Taxes & take-home
Does the raise calculator show take-home after taxes?
Only if you optionally type an effective tax rate percentage. Nestfigure does not look up IRS brackets or state taxes. Official federal income tax withholding methods for employers are in IRS Publication 15-T.
Should I take a bonus or a raise?
Nestfigure does not choose for you. A raise changes base pay; a bonus is often one-time. See the guide Raise vs bonus (math only).
Product & limits
Is the raise calculator free?
Yes—free, no signup. Educational math only; not tax, legal, or career advice.
Can I model saving my raise in a CD?
Yes. Estimate raise dollars in the raise calculator, then open the CD calculator with a principal you choose—educational compound-interest math, not a bank quote.
What should I say when asking for a raise?
Nestfigure does not coach negotiation scripts. For pay math only, use the raise calculator. Career communication is outside our scope.
Scenario pages
Disclaimer: Educational only. Updated July 22, 2026. Nestfigure is not your employer or a tax adviser.
YMYL notice: This site is for education only. It is not financial, tax, or investment advice. Nestfigure is not a bank, credit union, broker, investment adviser, or fiduciary. Product terms, rates, and penalties vary—always read your institution’s disclosures before acting. Calculator results are mathematical estimates, not bank quotes.