Got an offer of a 4% raise — what does that actually mean? Enter your current pay, pick whether it is per hour, per week or per year, then either type the raise percentage or the new pay you have been offered; the other field fills itself in. You get the new rate per hour and per year, the extra money per month, and — because prices move too — how much of the raise survives inflation. Everything shown is gross pay, before tax and deductions.

New pay–
Increase–
Raise per year–
Raise per month–
New pay per hour–
New pay per year–
Real raise after inflation–
Real gain per year–
Gross pay only — tax and deductions come off this figure, and part of a raise can fall in a higher tax bracket, so take-home goes up by less. Estimates, not pay or tax advice.

How it works: New pay = current pay × (1 + raise ÷ 100), and annual figures use 52 weeks a year with the hours per week you entered. The real raise is (1 + raise) ÷ (1 + inflation) − 1, which is why a 3% raise in a 3% inflation year leaves you level rather than ahead — compare your number against the current CPI rate before you accept it.