Raise Calculator — Help Guide

What Does the Raise Calculator Do?

The WorkersPool Raise Calculator shows you exactly how much more money you will take home after a salary raise — broken down by week, month and year. It goes beyond a simple percentage calculation by also estimating the tax impact on your increase, so you see your real net gain, not just the gross figure.

You can enter any current salary and any raise amount (as a percentage or a fixed dollar figure), choose your country, and instantly see a full breakdown including a 5-year cumulative projection of how much the raise adds up to over time.

The tool works for both annual salaried employees and hourly workers — if you enter an hourly rate and your hours per week, it converts everything automatically.

Who Is This Tool For?

Key Features

Step-by-Step Instructions

1. Choose your pay type Select Annual Salary if you are on a fixed yearly salary, or Hourly Wage if you are paid by the hour. If you choose hourly, also enter your typical hours per week — the tool uses this to calculate your equivalent annual salary.
2. Enter your current salary Type your gross (before-tax) annual salary in the field provided. For hourly workers, enter your current hourly rate. Do not include bonuses, overtime, or benefits — use your base pay only.
3. Choose your raise type and amount Select Percentage to enter a raise as a percent (e.g. 5%), or Fixed Amount to enter a specific dollar figure (e.g. $4,000). You can also use the quick-select buttons (+3%, +5%, +7%, +10%, +15%, +20%) to instantly try common raise amounts.
4. Select your country Choose Canada, United States, United Kingdom, Australia, or "Other / Skip tax estimate." Your country determines the marginal tax rate used to estimate how much of your raise goes to tax versus your pocket. If you select "Other," the tool skips the tax estimate and shows gross figures only.
5. Click Calculate My Raise Your full results appear immediately — no waiting, no loading screen.
6. Review your results Read through each section: the annual increase summary at the top, the per-hour / per-day / per-week / per-month breakdown, the estimated tax impact panel, and the 5-year cumulative projection at the bottom.
7. Save your results Use the Copy Results button to copy everything to your clipboard, or Print to generate a printable version. You can also simply screenshot the results page.

Understanding Your Results

The results panel has three distinct sections:

Annual Increase Summary — The large number at the top is your gross annual increase (before tax). Below it you see your old salary vs new salary and the raise percentage.

Breakdown Panel — Shows your old and new pay, plus the increase, at four intervals: per hour, per day, per week, and per month. All figures here are gross (before tax).

Estimated Tax Impact — This panel estimates what portion of your raise goes to income tax, and what you actually keep. It shows: Gross Annual Increase → Estimated Tax on Increase → Estimated Take-Home Increase → Extra Per Month (Net). The tax estimate applies your country's approximate marginal rate for your income level.

5-Year Cumulative Gain — This shows how much extra income you accumulate over five years if the raise stays constant. It assumes no further raises and does not account for inflation or tax changes — it is a straight projection for comparison purposes.

Example: Sarah's 6% Raise in Ontario, Canada

Sarah is a full-time marketing coordinator earning $62,000 per year in Ontario. Her employer has offered her a 6% merit raise. Here is what she enters and what the tool shows:

The tool shows Sarah that while her raise looks like $310 extra per month, after tax she actually keeps roughly $208 per month — still a meaningful increase, but useful to know before making spending decisions.

What This Tool Does Well — and Where It Has Limits

Important Disclaimer

Frequently Asked Questions