1. What is Salary Percentage Increase?

The salary percentage increase measures how much a salary has grown compared to its original amount. It's a standard way to evaluate pay raises, promotions, or job changes in the UK job market.

2. How Does the Calculator Work?

The calculator uses the percentage increase formula:

Where:

• New Salary — Current or offered salary amount in GBP
• Old Salary — Previous salary amount in GBP

Explanation: The formula calculates the difference between salaries, divides by the original salary, and converts to a percentage.

3. Importance of Salary Increase Calculation

Details: Understanding your salary increase percentage helps in evaluating job offers, negotiating salaries, and tracking career progression. It's particularly important in the UK where salary bands and pay scales vary significantly by industry and region.

4. Using the Calculator

Tips: Enter both salaries in GBP (pounds sterling). For accurate results, use gross salaries (before tax) for comparison. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Should I use gross or net salary for calculations?
A: Always use gross salary (before tax) for accurate comparisons, as net pay can vary based on personal circumstances.

Q2: What's considered a good salary increase in the UK?
A: Typically, 2-5% is a standard annual increase. Promotions may bring 10-20%, while changing jobs might yield 15-30% increases.

Q3: How does this compare to inflation?
A: To maintain purchasing power, salary increases should at least match inflation (check UK CPI rates).

Q4: Can the percentage be negative?
A: Yes, if new salary is lower, it shows a percentage decrease (negative value).

Q5: How does this apply to part-time salaries?
A: Convert to full-time equivalent (FTE) salaries first for accurate comparison.