1. What is Salary Increase Percentage?

The Salary Increase Percentage measures how much a salary has grown compared to its previous amount. It's a key metric for understanding compensation changes, negotiating raises, and financial planning.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

Where:

• New Salary — Current or proposed salary amount
• Old Salary — Previous salary amount

Explanation: The formula calculates the relative change between two salary figures, expressed as a percentage of the original amount.

3. Importance of Salary Increase Calculation

Details: Understanding your salary increase percentage helps in evaluating job offers, assessing career progress, and comparing compensation changes against inflation or industry standards.

4. Using the Calculator

Tips: Enter both salary amounts in the same currency (without commas). The calculator works with any currency as long as both values are in the same unit.

5. Frequently Asked Questions (FAQ)

Q1: What's considered a good salary increase percentage?
A: Typically 3-5% is standard for annual raises, while promotions may bring 10-20%. Increases above 20% are usually for significant role changes.

Q2: How does this differ from percentage points?
A: Percentage increase measures change relative to the original amount, while percentage points measure absolute differences between percentages.

Q3: Should I include bonuses in this calculation?
A: For total compensation comparison, yes. For base salary comparison, no. Be consistent in what you include in both amounts.

Q4: What if my salary decreased?
A: The calculator will show a negative percentage, indicating a reduction in salary.

Q5: How often should I calculate this?
A: Useful for evaluating new job offers, annual raises, promotions, or when comparing compensation changes over time.