Pay Rise Calculator
See your new pay after a percentage or cash pay rise, or work out the percentage rise between two salaries.
Result
Enter your current pay and the rise.
Pay rise formulas
New pay
New = current × (1 + rise% ÷ 100)
A 5% rise on £32,000 is £32,000 × 1.05 = £33,600.
Real-terms change
(1 + rise) ÷ (1 + inflation) − 1
A 5% rise with 3% inflation: 1.05 ÷ 1.03 − 1 = 1.94%.
Frequently asked questions
How do I work out a percentage pay rise?
Subtract your old pay from your new pay, divide by the old pay and multiply by 100. Going from £32,000 to £34,000 is £2,000 ÷ £32,000 × 100 = 6.25%.
What is a real-terms pay rise?
It’s your rise after allowing for inflation. A 5% rise when prices go up 3% is a real-terms rise of about 1.9%, because your money buys only a little more than before.
How much more will I take home?
Less than the gross rise, because tax, National Insurance and pension contributions come off it. The figures here are all before deductions.
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