Pay Raise Calculator

What is a Good Pay Raise?

The average pay raise in the US and UK is typically 3–5% annually. A raise matching or beating inflation maintains your real purchasing power. Anything above 7–10% is considered excellent and usually requires a promotion or job change.

When to Ask for a Raise

Best times: annual review cycle, after a major achievement, after taking on new responsibilities, or when you have a competing offer. Research your market rate on Glassdoor or LinkedIn Salary before negotiating.