Salary Increase Calculator
Project your salary growth across multiple years with percentage raises, promotion boosts, and optional inflation adjustments. See final pay, total extra earnings, and real (purchasing-power) salary.
What the salary increase calculator shows
Model merit raises, COLA bumps, and promotion boosts year by year.
Enter your current pay, choose a default annual raise, and tweak each year's percentage or add a flat bump (e.g., promotion bonus). The tool compounds raises, compares against a no-raise baseline, and can optionally show inflation-adjusted salaries.
The chart visualizes your projected pay path while the summary cards highlight total additional earnings, average raise, and real (inflation-adjusted) pay. It works globally with currency-aware formatting.
How to calculate a pay increase percentage
Base formula you can reuse for any year.
New Salary = Current Salary × (1 + raise%) + flat boost
Example: If you make $60,000 and get a 5% raise plus a $2,000 promotion bonus next year:
$60,000 × 1.05 + $2,000 = $65,000
The calculator applies that logic for every year in your schedule, compounding raises automatically.
Multi-year raise scenarios to try
See the impact of small tweaks over time.
Steady merit raises
Model 3–5% annual raises to estimate where your salary lands after 5–10 years. Compare against the baseline to see cumulative extra earnings.
Promotion year
Keep regular raises at 3–4% but add a one-time $5,000–$10,000 flat boost in the promotion year to see the jump.
Cost-of-living focus
Toggle inflation and set the rate to your country's CPI to understand real (purchasing-power) salary growth.
Catch-up scenario
If you skipped raises previously, stack two larger raises (e.g., 7% + 6%) to see how quickly you realign with market pay.
Quick tips for salary projections
Keep calculations realistic and negotiation-ready.
Use market data
Pair this calculator with local salary benchmarks; large jumps are easier to justify with data.
Separate COLA vs merit
COLA protects purchasing power; merit or promotion raises move you above inflation.
Plan for bonuses
Flat boosts mimic sign-on or promotion bonuses; keep them distinct from base-pay raises.
Check take-home pay
Taxes vary by jurisdiction—use your payroll withholding to estimate net impact.
Salary increase FAQ
Common questions about salary raises, negotiations, and adjustments