Raise Calculator — See Exactly What Your Pay Rise Is Worth
Calculate the true value of your pay raise including taxes and benefits.
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Calculator Inputs
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Key Facts
Updated April 2026
- Average annual raise (staying at company): 3.5-4.5% in 2026
- Inflation rate 2026: approximately 2.8%
- A raise below inflation is effectively a pay cut
- Average raise when switching jobs: 10-20%
- Negotiating your first salary affects every future raise for your entire career
Pro Tips
Invest the net increase from your raise instead of spending it. A $5,000 annual raise invested at 8% for 20 years grows to $247,000.
Document your accomplishments monthly. When review time comes, you need specific numbers: revenue generated, costs saved, projects completed.
Ask for your raise 2-4 weeks before annual review budgets are finalized. Once the budget is set, your manager has less flexibility.
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