How we worked it out
Updated as you change the numbers.
- New pay = old pay × (1 + raise %), or old pay + the raise amount.
- Yearly = monthly × 12 = hourly × 40 hours × 52 weeks.
Method and assumptions
All periods are converted to yearly pay first, using 12 months or 52 weeks of your usual hours, so a raise compares fairly whichever way it is quoted.
Questions
What is a 4% raise on $60,000?
$2,400 a year, or $200 a month: $62,400 in total.
Sources
Method and figures checked on . Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.