How Much Is a 3 Percent Raise Per Hour?

A 3 percent raise per hour means your hourly wage will increase by 3% of your current hourly rate.

To calculate your new hourly wage, follow these steps:

1. Determine your current hourly wage. For example, let's say your current hourly wage is $15.
2. Calculate the raise amount. Multiply your current hourly wage by 3%: $15 x 0.03 = $0.45.
3. Add the raise amount to your current hourly wage. $15 + $0.45 = $15.45.

Therefore, a 3% raise on an hourly wage of $15 would result in a new hourly wage of $15.45.

Example:

• Current hourly wage: $20
• Raise amount: $20 x 0.03 = $0.60
• New hourly wage: $20 + $0.60 = $20.60

Note: The actual raise amount may vary depending on your current hourly wage.