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Data from official sources · Made in Argentina

Pay raise calculator

You have been offered a raise, or you are about to ask for one. Enter your pay and the raise, as a percentage or an amount, and see how much changes each month and year.

Add inflation for the period and we tell you whether you really gain buying power or just catch up.

Gross or take-home, whichever you prefer. The result uses the same basis.

If your raise is a fixed amount, enter it here. It is used instead of the percentage.

Inflation since your last raise, to see whether your pay buys more or less than before.

12 for monthly pay. 13 or 14 if you also get an extra month's pay each year.

How it's calculated

  1. New pay = current pay × (1 + raise ÷ 100).
  2. Difference per year = difference per month × paychecks per year.
  3. Real raise = (1 + raise) ÷ (1 + inflation) − 1.

An example

Pay of $75,000 a month with a 5% raise becomes $78,750: $3,750 more a month and $45,000 more a year.

If inflation over the period was 3%, the real raise is 1.94%. With 6% inflation, it is -0.94%.

Frequently asked questions

What is a real raise?

It is your raise after inflation. It shows whether your new pay buys more or less than before.

Why not just subtract inflation from the raise?

Because the two percentages multiply, they don't add. With a 5% raise and 3% inflation, the real raise is 1.94%, not 2%. With high inflation the gap gets much bigger.

How much of a raise should I ask for?

At least inflation since your last raise, so you don't fall behind. Beyond that, what other employers pay for a role like yours and how your job has grown.

Key terms

Nominal raise
The raise as it appears on your payslip, before inflation.
Buying power
What your pay can buy.

The same calculation in other countries

Up-to-date official data

We check the official sources automatically, every day.

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