Work out your real raise
Find your hike percentage from your old and new salary, or see what you'll earn after an X% raise. Add inflation to see what the raise is really worth. No account needed.
Enter your own inflation rate to see the raise in real terms. We never guess this for you.
Your raise, instantly
Enter your current and new salary to see your hike.
How this is calculated
- •Hike % = (new salary − current salary) ÷ current salary × 100. It's the same whether you enter monthly or annual figures, as long as both are on the same basis.
- •The currency you pick only changes how amounts are displayed. The percentage is identical in every currency.
- •Real hike adjusts for the inflation you enter: (1 + hike) ÷ (1 + inflation) − 1. We never supply an inflation figure. You type your own.
- •A pay cut shows as a negative hike. A hike from a current salary of zero is left blank, since a percentage increase from nothing isn't defined.
Salary hikes, answered
How do I calculate my salary hike percentage?
Subtract your current salary from the new one, divide by your current salary, then multiply by 100. A move from 50,000 to 60,000 is (60,000 - 50,000) / 50,000 × 100, which is a 20% hike. The calculator above does this for you, and it also works in reverse if you know the percentage and want the new figure.
Should I enter monthly or annual salary?
Either, as long as both figures are on the same basis. A percentage change is a ratio, so comparing two monthly salaries gives exactly the same percentage as comparing the two annual equivalents. The only mistake to avoid is entering a monthly current salary against an annual new one.
What is a real, inflation-adjusted raise?
It is what your raise is worth once rising prices are taken into account. The formula is (1 + your hike) / (1 + inflation) - 1. A 6% raise in a year of 5% inflation is not a 1% gain, it is about 0.95%, because the comparison is a ratio rather than a subtraction. Enter an inflation figure in the calculator and it shows the real number beside the headline one.
Where does the inflation figure come from?
From you. The calculator never supplies an inflation rate of its own, because the right figure depends on your country and the period you are measuring. Take it from your national statistics office and type it in. Leave the field blank and the tool simply shows the raise without an inflation adjustment.
Is this before or after tax?
Before. This is a gross pay comparison, so it tells you how much your headline salary changed, not how much more reaches your account. Tax bands are progressive in most countries, which means a raise is usually taxed at a higher marginal rate than the salary underneath it. To see the take-home effect, use the take-home pay calculator.
What counts as a good salary hike?
We do not publish a benchmark, because a credible one would have to be specific to your role, country, industry and year, and we have not measured that. The comparison that is always meaningful is inflation: a raise below the inflation rate is a pay cut in real terms, however it looks on paper. Enter an inflation figure above and the tool will tell you which side of that line you are on.
What if my new salary is lower than my current one?
The result shows as a negative percentage, which is the correct way to express a pay cut. This can be worth calculating deliberately, for example when weighing a lower salary against a shorter commute, better equity or a change of field, since it puts a number on what you are trading away.
Does the currency I pick change the result?
Only the way amounts are displayed. A percentage change is identical in every currency, so the hike figure stays the same whether you view it in rupees, dollars, pounds or Australian dollars. There is no conversion happening between currencies.
Comparing an offer rather than a raise? Work out the take-home pay on the new figure, or check your resume against the job description before you apply.