Salary Increase Calculator
New salary after a raise, the yearly gain and whether the raise beats inflation.
Results
New salary
1463.00
Difference
63.00
Real increase after inflation
1.654
%
Extra earned per year
882.00
What this tool does
A four-point raise in a year of three-point inflation is really a one-point raise, and it is the real figure that decides whether you can buy more than last year. The number of payments a year varies by country, so set it to match your contract before reading the annual gain.
Formula
new = present × (1 + increase) ; real = increase − inflation
Variables
| Symbol | Meaning | Unit |
|---|---|---|
s | Current salary | — |
rs | Raise | % |
inf | Annual inflation rate | % |
m | Payments per year | — |
NS | New salary | — |
DI | Difference | — |
RR | Real increase after inflation | % |
AY | Extra earned per year | — |
Worked example
- Current salary1400
- Raise4.5 %
- Annual inflation rate2.8 %
- Payments per year14
- New salary1463.00
- Difference63.00
- Real increase after inflation1.654 %
- Extra earned per year882.00
Limitations
- This is an informational calculator, not personalised financial advice. Rates, fees, taxes and contract conditions vary between institutions and countries.
- Tax rates and rounding rules differ between countries and sometimes between regions. Use the rate that applies to your invoice.
- The tool works with whatever currency you use for the inputs; it does not convert between currencies.