Direct answer
Subtract the old hourly rate from the new hourly rate, then multiply the difference by expected hours to estimate weekly, monthly, and annual gross raise value.
Working formula: Raise value = new hourly rate minus old hourly rate, multiplied by paid hours.
Open Pay Raise CalculatorA realistic workplace example
Moving from $20/hour to $22/hour is a $2/hour raise. At 40 hours per week, that is about $80 more gross per week and about $4,160 more gross per year before taxes.
Old rate: $20; new rate: $22; difference: $2/hour; weekly gross increase at 40 hours: $80; annual gross increase: $4,160.
Comparison table
| Input | Check | Result |
|---|---|---|
| Search question | calculate pay raise hourly rate | Subtract the old hourly rate from the new hourly rate, then multiply the difference by expected hours to estimate weekly, monthly, and annual gross raise value. |
| Formula | Raise value = new hourly rate minus old hourly rate, multiplied by paid hours. | Moving from $20/hour to $22/hour is a $2/hour raise. At 40 hours per week, that is about $80 more gross per week and about $4,160 more gross per year before taxes. |
| Copyable result | Keep assumptions visible | Old rate: $20; new rate: $22; difference: $2/hour; weekly gross increase at 40 hours: $80; annual gross increase: $4,160. |
How to check it without overthinking
Key checks
- Write the old rate and new rate.
- Calculate the hourly difference.
- Multiply by realistic weekly paid hours.
- Convert weekly increase to annual increase if needed.
- Estimate taxes separately before budgeting take-home change.
Mistakes that change the answer
Do not assume the net paycheck rises by the full gross raise.
Do not use 40 hours if your schedule is usually lower or variable.
Do not ignore lost overtime, shift premiums, or benefit changes.
Copy this note
Old rate: $20; new rate: $22; difference: $2/hour; weekly gross increase at 40 hours: $80; annual gross increase: $4,160.
If you send the result to payroll, HR, a manager, or a client, include the inputs and the rule you used. That makes the number easier to verify.
Useful next pages
Related page: /guides/how-much-is-a-3-percent-raise/
Related page: /guides/how-to-check-if-a-raise-is-real-after-hours-change/
Related page: /tools/annual-income-calculator/
Open Pay Raise Calculator