Figure your raise both ways
Enter your current pay and choose whether it's hourly or annual, then enter the raise as a percent (say 5%) or a flat amount. The calculator shows your new pay, the size of the increase, the effective percent increase, and — for hourly pay — a new annual figure based on a 40-hour week. It's a quick way to check an offer or plan for a review.
Percent vs. amount
A percent raise scales with your current pay; a fixed amount is the same dollars regardless of your starting point. Switch the raise type to compare an offer expressed either way.