Salary Increase Calculator

Project your salary growth across multiple years with percentage raises, promotion boosts, and inflation adjustments. See final pay and total extra earnings.

years
62K
$
%
%
Final Salary
$64,170
64K
Up 3.5%
3.5% avg raise
Inflation-adjusted
$62,000
62K • Baseline
$2,170
2.2K • Additional
Baseline 97%
3% Additional
Inflation Adjusted
$62,301
Final year salary
Total Salary
$64,170
Total over 1 year
Biggest Jump
$2,170
Year 1

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.

Frequently Asked Questions

Common questions about salary raises, negotiations, and adjustments

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Last updated Feb 20, 2026