Track Your Salary Growth
Add Salary Raises
Accumulated Results
Salary History
Understanding Accumulated Raises
How Multiple Raises Compound
Each raise is applied to your current salary, not your original salary. This means raises compound over time, creating exponential growth rather than linear growth.
Starting salary: $50,000
Year 1: 5% raise → $52,500
Year 2: 4% raise → $54,600
Year 3: 6% raise → $57,876
Total increase: $7,876 (15.75%)
Strategic Career Planning
Use this calculator to:
• Plan your career progression over multiple years
• Compare different raise scenarios
• Track your actual salary history
• Set realistic salary growth goals
• Understand the long-term impact of each raise
Maximizing Your Accumulated Growth
Types of Salary Increases
Annual Merit Raises: 3-6% based on performance
Promotions: 10-25% for new responsibilities
Market Adjustments: 5-15% to match industry standards
Cost of Living: 2-4% to maintain purchasing power
Timing Your Raises
• Negotiate during performance reviews
• Ask for raises after major accomplishments
• Consider job changes for larger increases
• Don't wait too long between raise requests