Salary Increase Calculator

Calculate your pay raise percentage and new salary amount with our easy-to-use calculator. Perfect for salary negotiations and career planning.

Calculate Your Salary Increase

By Percentage

Enter the raise percentage you received or expect

By New Salary

Enter your new salary amount to calculate the increase

Your Salary Increase Results

Enter your salary information above to see detailed results.

How to Calculate Salary Increase Manually

Understanding how to calculate salary increases manually helps you verify results and negotiate effectively. Here are the essential formulas:

Formula for New Salary:

New Salary = Current Salary + (Current Salary × Raise Percentage ÷ 100)
Example Calculation:
If you currently earn $50,000 annually and receive a 6% raise:
• Raise Amount = $50,000 × 0.06 = $3,000
• New Salary = $50,000 + $3,000 = $53,000

Formula for Raise Percentage:

Raise Percentage = ((New Salary - Old Salary) ÷ Old Salary) × 100
Example:
If your salary increases from $45,000 to $48,000:
• Raise Percentage = (($48,000 - $45,000) ÷ $45,000) × 100 = 6.67%

When Can You Expect a Salary Increase

Performance Reviews

Most companies conduct annual performance evaluations, making this the most common time for salary increases. Prepare by documenting your achievements and contributions throughout the year.

Length of Service

Some organizations provide automatic raises based on tenure, often annually or bi-annually. These are typically smaller cost-of-living adjustments.

Merit and Promotions

Exceptional performance, new responsibilities, or formal promotions often trigger immediate salary increases. These tend to be larger percentage increases.

Market Adjustments

Companies may provide raises to keep salaries competitive with industry standards, especially in high-demand fields.

Inflation Adjustments

To maintain purchasing power, some employers provide annual cost-of-living adjustments based on inflation rates.

Frequently Asked Questions About Salary Increases - FAQ

How do you calculate percentage increase in salary?
To calculate salary increase percentage, subtract your old salary from your new salary, divide by your old salary, and multiply by 100. For example: (($55,000 - $50,000) ÷ $50,000) × 100 = 10% increase.
How to calculate salary increase percentage?
Use the formula: ((New Salary - Old Salary) ÷ Old Salary) × 100. This gives you the percentage increase. Our calculator does this automatically when you input your old and new salary amounts.
What is considered a good salary increase percentage?
A typical annual raise ranges from 3-5% for cost-of-living adjustments. Performance-based increases often range from 5-10%. Promotions can result in 10-20% increases or more, depending on the role and industry.
How do you calculate salary increase over multiple years?
For compound increases over multiple years, use: Final Salary = Initial Salary × (1 + annual increase rate)^number of years. For example, a $50,000 salary with 4% annual increases over 5 years: $50,000 × (1.04)^5 = $60,833.
When is the best time to ask for a salary increase?
The best times are during annual performance reviews, after completing major projects, when taking on additional responsibilities, or when you've received competing job offers. Avoid asking during company financial difficulties or immediately after poor performance.