Salary Increase Calculator
Start with current annual gross salary and enter a percentage change, dollar change, or target annual salary. The tool derives the other change measures and common gross pay-period equivalents.
How to use the Salary Increase Calculator
Enter current annual salary, change-input mode and matching value, plus weekly hours for the hourly equivalent.
Review gross versus base compensation, period count, hours, overtime, bonus eligibility, effective date, benefits, taxes, and currency.
Read new annual salary, dollar and percentage change, monthly, semimonthly, biweekly, weekly, and hourly gross equivalents.
Formula
New salary is current salary × (1 + percentage), current salary + dollar change, or the entered target. Period pay divides annual pay by 12, 24, 26, or 52; hourly equivalent divides by 52 × weekly hours.
Example
A 6% raise on $70,000 adds $4,200 and produces a new annual salary of $74,200.
Assumptions and limitations
- The comparison covers gross entered compensation only and does not predict take-home pay, inflation-adjusted value, overtime, or benefit changes.
- Salary Increase Calculator treats the entered values as estimates and does not infer missing project, account, or personal details.
- Calculations retain working precision except where the cited method requires an intermediate rounding step; displayed values are then formatted separately. Source rules and dated rates must be rechecked when they change.
Sources
- OpenStax: College Algebra 2eAlgebraic, ratio, radical, equation, and function formulas. Reviewed 2026-08-14.
- U.S. Bureau of Labor Statistics: Employment Cost Index Questions and Answers — Percent Change FormulaOfficial formula, rate, or program guidance used by this calculator. Reviewed 2026-08-14.
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Frequently asked questions
How does the Salary Increase Calculator work?
New salary is current salary × (1 + percentage), current salary + dollar change, or the entered target. Period pay divides annual pay by 12, 24, 26, or 52; hourly equivalent divides by 52 × weekly hours.
What information should I enter in the Salary Increase Calculator?
Enter current annual salary, change-input mode and matching value, plus weekly hours for the hourly equivalent, then verify gross versus base compensation, period count, hours, overtime, bonus eligibility, effective date, benefits, taxes, and currency.
What should I verify before using this Salary Increase Calculator result?
The comparison covers gross entered compensation only and does not predict take-home pay, inflation-adjusted value, overtime, or benefit changes.
Reviewed 2026-08-14 · multi-mode-periods-2.0.0 · content-2026-08-14 · Trusty Calculator Editorial Team