Free financial calculator
Salary Increase & Pay Rise Calculator
Turn a pay rise or salary raise into annual, monthly and per-paycheck figures, with an inflation-adjusted comparison.
Use the calculator ↓Adjust the assumptions
Salary Increase & Pay Rise Calculator
Turn a pay rise or salary raise into annual, monthly and per-paycheck figures, with an inflation-adjusted comparison.
Result
£0
View year-by-year breakdown ＋
| Year | Contributions | Growth | Balance |
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Questions answered
What this calculator helps you work out
- How much will a percentage pay rise add to my salary?
- What is my raise worth per month or paycheck?
- Does my salary increase beat inflation?
Common questions
Salary Increase & Pay Rise Calculator FAQs
How do I calculate a salary increase?＋
Multiply your current gross salary by the raise percentage, then add that amount to the current salary.
How do I calculate the percentage increase between two salaries?＋
Subtract the old salary from the new salary, divide by the old salary, then multiply by 100.
Does a 5% raise beat 3% inflation?＋
Yes, but the exact real increase is about 1.94%, calculated as 1.05 divided by 1.03, minus 1.
Go beyond the result
How Much Is Your Pay Rise Really Worth After Inflation?
See a worked example, the trade-offs to consider and the assumptions that can change the answer.