Percentage Change Formula:
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The Pay Percentage Change calculates the relative difference between old and new pay amounts. It shows how much a salary has increased or decreased as a percentage of the original amount.
The calculator uses the percentage change formula:
Where:
Explanation: The formula calculates the difference between new and old pay as a proportion of the old pay, then converts it to a percentage.
Details: Understanding pay changes as percentages helps compare salary adjustments across different income levels and provides clearer insight into the real impact of pay changes.
Tips: Enter both old and new pay amounts in dollars. The calculator will show the percentage increase or decrease. Old pay must be greater than zero.
Q1: What does a negative percentage mean?
A: A negative percentage indicates a pay decrease, while positive shows an increase.
Q2: How is this different from absolute change?
A: Absolute change shows dollar difference (new-old), while percentage change shows relative difference, which is more meaningful for comparison.
Q3: Why can't old pay be zero?
A: Division by zero is mathematically undefined. You can't calculate percentage change from nothing.
Q4: How should I interpret a 10% increase?
A: A 10% increase means the new pay is 110% of the old pay (or 1.1 times the old amount).
Q5: Can I use this for hourly wage changes?
A: Yes, the calculator works for any pay comparison - salary, hourly wage, or total compensation.