Salary Increase Calculator
This tool does the compare for you. Old pay versus new pay in both cash and percent.
Handy when a job offer gives a sum but not the percent, or the other way round.
To see how much of the raise is real growth after prices rise.
If inflation is 3 and your raise is 3, you can buy the same stuff as last year. Real growth is the percent minus inflation.
How to use this tool
- 1New pay minus old pay gives the cash jump.
- 2Cash jump split by old pay times 100 gives the percent.
- 3The rows give you both views for your pay talk.
The math behind it
Increase percent = (new pay - old pay) / old pay x 100
Moving from 48,000 to 52,000 is a 4,000 jump.
Divide by 48,000 and the raise is about 8.3 percent.
Who this tool is for
I watch which tools folk open most, and this one gets used by the same kinds of people again and again. If any of these sound like you, you are in the right place.
- Folk with an offer in hand and a calm head needed
- Any one comparing old pay with new pay in real terms
- Folk checking a raise against price rises
A job offer once came in 6,000 higher and I was ready to sign on the spot. Then I ran the sum with hours. The new role added ten hours a week. Per hour, I was taking a small pay cut dressed as a big one. The percent row is nice. The honest rows are nicer.
Tips from me
- Use it to check a job move is really a raise. Title up, pay down happens a lot.
- Compare with price rises over the same time. Real raise equals pay up minus prices up.
- Keep a log of your increases. Patterns tell you when to move.
Mistakes I see with this sum
These are the three slips I made my self or watch folk make most. Skip them and your number will be closer to the truth on the first try.
- 1Only looking at the yearly cash. Hours, commute and perks change the real sum.
- 2Forgetting inflation. A 3 percent raise with 3 percent prices is a wash.
- 3Comparing pay with out benefits. Health cover is money you do not spend.
Two words worth knowing
Real raise
The percent left after price rises eat their share.
Total comp
Pay plus benefits, bonuses and perks, all in.
That is the whole page. The tool does the math, and the words above give it a shape. If a number still looks odd, change an input and watch what moves. Playing with the boxes taught me more than any guide did.
Common questions
+What percent increase should I aim for?
When you change jobs, 10 to 20 percent is a common jump. Inside the same job, 3 to 6 percent is more normal.
+Should I count benefits too?
Yes. Health cover or a work plan is real money. A small pay jump with big perks can beat a big jump with none.
+Is a 3 percent increase good?
It matches a typical year. Under price rises it is a trim, over them a real gain. Check prices for your year.
+Does a new job title matter?
Titles help future moves. But pay the bills first. A better title with less pay is a loan you give your employer.
+Should I count benefits?
For a full view, yes. A stronger health plan can be worth thousands. Add its value to the new pay side.