Whether you're navigating minimum wage changes or planning for your next promotion, understanding your worth is essential. Use our salary calculator to instantly see how a raise will affect your monthly and annual income, take-home pay, and long-term savings.

Calculate Your Raise Impact

Use our advanced salary calculator to see exactly how a raise affects your paycheck:

Try Salary Calculator

How to Use the Salary Calculator

Our paycheck calculator makes it easy to understand the financial impact of a raise:

  1. Enter your current salary and current deductions/tax rate
  2. Enter the raise amount (either as a percentage or fixed amount)
  3. See the new gross pay, estimated take-home, and annual difference
  4. Use the "compare" feature to test multiple raise scenarios

Example Calculation

Current monthly salary = $5,000. Request = 20%.

20% of $5,000 = $5,000 × 0.20 = $1,000.

New salary = $5,000 + $1,000 = $6,000 monthly.

Our salary calculator does this instantly and shows the yearly impact of $12,000 additional income.

5-Step Salary Increase Planner

1Document Your Value

Track your accomplishments daily/weekly. Save 3–5 wins per week: projects completed, cost/time saved, positive feedback, and outcomes achieved. This creates a solid foundation for your negotiation.

2Quantify Impact

Convert wins into numbers: time saved (hours), error reduction (%), revenue or cost savings. Numbers strengthen your case significantly. Use our pay calculator to translate these into financial impact.

3Set Realistic Targets

Use the salary increase calculator to try three targets: conservative (5–8%), realistic (10–15%), stretch (20%+). Research industry standards and consider minimum wage trends in your region.

4Prepare Your Value Brief

Create a one-page document: role summary, 3 recent wins with numbers, desired outcome (raise % or band), suggested next steps. Keep it concise and impactful.

5Schedule the Meeting

Pick a calm time (beginning/mid of month), send a short email request, and bring the printed Value Brief. Preparation is key to successful negotiation.

One-Page Value Brief Template

Copy and adapt this template for your negotiation:

Name / Role: [Your Name], [Your Role]

Time in role: [X years/months]

Top 3 recent wins (with numbers):

  • [Win 1 — what, impact, metric]
  • [Win 2 — what, impact, metric]
  • [Win 3 — what, impact, metric]

Requested outcome: I'd like to discuss a salary adjustment to [X% / new band] to reflect these contributions.

Next steps: I'm happy to meet and agree measurable targets or timeline.

Raise Request Email Template

Use this short, professional email to request a meeting:

Subject: Quick meeting to review my role & contributions

Hi [Manager Name],

I hope you're well. I'd like 15–20 minutes to share a brief update on my recent projects and discuss my role and compensation. Over the last [X months] I have [one-line win with metric]. When would be a good time to meet?

Thanks,
[Your name]

In-Person Negotiation Script

Practice this 60–90 second script for your meeting:

"Thank you for meeting. I wanted to share a quick summary of recent results: [one-line win + metric]. Over the past [period] I've improved [result] by [number or percent]. Based on this contribution, I'd like to discuss aligning my compensation with this impact — I'm targeting [X% or new salary]. What benchmarks would you like me to meet to make this happen?"

Did You Know?

According to salary research, employees who negotiate their raises earn on average $1 million more over their careers than those who don't. Using a paycheck calculator to prepare can increase your negotiation success rate by up to 40%.

Final Negotiation Tips

  • Bring printed evidence and your calculator scenarios
  • If you get a "not now," ask for specific metrics and a timeline and get them in writing
  • Quietly apply to 1–2 external roles to strengthen your negotiation position
  • Research minimum wage laws in your area to understand the baseline
  • Consider the total compensation package, not just salary

Conclusion

Successful salary negotiation requires preparation, evidence, and clear communication. Use our salary calculator to pick your target and prepare the numbers, then use the Value Brief and templates above to make your case clearly and confidently.

Remember that understanding your market value is key—whether you're earning minimum wage or a six-figure salary. Regular compensation reviews ensure you're being paid fairly for your contributions and expertise.

Ready to Calculate Your Raise?

Use our advanced salary calculator to see exactly how a raise will impact your income

Calculate Your Raise