Pay Raise Calculator
Pay Raise Calculator: Calculate Your New Salary
Calculating a pay raise involves determining the increase in an individual's salary or compensation. Here's the formula to calculate percentage-based pay raise:
Pay Raise Percentage = (New Salary - Old Salary) / Old Salary * 100
New Salary: This is the expected or new salary after the raise.
Old Salary: This is the current or previous salary before the raise.