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Pay raise calculator

Calculate a pay rise as a percentage, new pay or an increase amount and compare hourly, weekly, monthly and annual earnings in Canadian dollars.

Calculator

New pay for selected period (CAD)
$55,000.00
Increase for selected period (CAD)
$5,000.00
Raise percentage
10.0000%
Pay comparison (CAD)
PeriodCurrentNewIncrease
annual50,000.0055,000.005,000.00
monthly4,166.674,583.33416.67
weekly961.541,057.6996.15
hourly24.0426.442.40

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How this calculator works

The change is measured against the old pay. Select the period that matches both amounts, then enter paid hours and weeks for a period-by-period comparison. A negative percentage models a pay cut. This is gross-pay arithmetic without a tax year; net pay can rise by a different percentage.

Formula

Raise percentage = (new pay - old pay) / old pay. New pay = old pay x (1 + raise). Increase = new pay - old pay.

Worked example

A rise from $50,000 to $55,000 is $5,000 or 10%. Over 2,000 paid hours the hourly equivalent rises from $25 to $27.50.

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Frequently asked questions

Can I calculate a pay cut?

Yes. Use a negative percentage or a lower new pay amount.

Why must old pay be positive?

A percentage increase from zero has no defined denominator.

Does this account for inflation?

No. Use salary inflation to compare purchasing power after a raise.

Sources

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