Percentage Increase Formula:
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The salary increment percentage measures how much a salary has increased compared to its previous amount. It's a key metric for understanding pay raises, compensation adjustments, and career progression.
The calculator uses the percentage increase formula:
Where:
Explanation: The formula calculates the relative change between two salary figures, expressed as a percentage of the original amount.
Details: Understanding your salary increase percentage helps in evaluating job offers, negotiating raises, and tracking career growth over time.
Tips: Enter both old and new salary amounts in the same currency. The calculator works with any currency as long as both values are in the same unit.
Q1: What's considered a good salary increase percentage?
A: Typically, 3-5% is standard for annual cost-of-living adjustments, while 10%+ may indicate a promotion or significant role change.
Q2: How does this differ from percentage points?
A: Percentage increase is relative to the original amount, while percentage points refer to absolute differences between percentages.
Q3: Should I include bonuses in this calculation?
A: For base salary comparisons, exclude bonuses. For total compensation analysis, include all monetary benefits.
Q4: How to calculate the equivalent of a percentage raise?
A: Multiply your current salary by (1 + percentage/100) to find the new salary amount.
Q5: What if my salary decreased?
A: The calculator will show a negative percentage, indicating a salary reduction rather than an increase.