Free tool
Raise value calculator
A raise doesn't just pay off this year. Every later raise builds on it, and so does any employer retirement match. Compare the raise you'd probably get with the raise you plan to ask for, and see the difference over the years. Nothing is stored.
Extra pay over 10 years
$18,915
- Extra in year one
- $1,650
- Extra per paycheck
- $63
- Extra employer match
- $757
- New salary if you get it
- $58,300
Before taxes. Assumes the same later raises in both cases and that you contribute enough to get the full match. An illustration only, not a prediction of any raise.
Why this matters
- Raises compound. Next year's raise is a percentage of this year's salary, so a bigger starting point keeps paying.
- Starting salary sets the base. That's why negotiating a job offer can matter more than any later raise. See how to negotiate a job offer.
- Know what to say. Use our negotiation scripts.