1. What is Raise Percentage?

The raise percentage measures how much a salary has increased from its original amount to a new amount, expressed as a percentage of the original salary. It's a key metric for understanding compensation changes.

2. How Does the Calculator Work?

The calculator uses the raise percentage formula:

Where:

• New Salary — The proposed or new salary amount
• Current Salary — The original or current salary amount

Explanation: The formula calculates the difference between the new and current salary, divides by the current salary to get the relative increase, then multiplies by 100 to convert to a percentage.

3. Importance of Raise Percentage

Details: Understanding your raise percentage helps in salary negotiations, career planning, and assessing whether a raise keeps pace with inflation or industry standards.

4. Using the Calculator

Tips: Enter both current and new salary amounts in dollars. The calculator will show the percentage increase between them.

5. Frequently Asked Questions (FAQ)

Q1: What's considered a good raise percentage?
A: Typically 3-5% is standard for cost-of-living adjustments, while 10%+ may indicate a promotion or significant role change.

Q2: How does raise percentage compare to inflation?
A: To maintain purchasing power, your raise should at least match inflation. Check current inflation rates when evaluating raises.

Q3: Should I negotiate based on percentage or dollar amount?
A: Both matter. Higher salaries make the same percentage more valuable in dollar terms. Consider both perspectives in negotiations.

Q4: How often should I expect raises?
A: Annual raises are common, but frequency depends on company policy, performance, and market conditions.

Q5: Does this calculator work for pay decreases?
A: Yes, it will show a negative percentage if the new salary is lower than current.