Pay rise calculator
Calculate a pay rise or salary increase: the new salary, the yearly increase, and the monthly increase.
Calculate a pay rise or salary increase: the new salary, the yearly increase, and the monthly increase.
Increase = current salary × rise ÷ 100. New salary = current salary + increase. Monthly increase = increase ÷ 12.
A 4% rise on £45,000 is £1,800 a year, which is £150 of the monthly salary if pay is spread over 12 months. The percentage is of the current salary, not of the band midpoint. Two people on different salaries who both receive 4% do not receive the same amount.
£45,000 × 0.04 = £1,800. New salary 45,000 + 1,800. Monthly increase 1,800 ÷ 12.
£46,800. The rise is £1,800 a year, £150 a month.
£32,000 × 0.10.
£3,200 a year, to £35,200
On this page, yes. Enter the percentage the person will receive. The calculator returns the new salary and the extra amount.
Take the new salary into the compa-ratio calculator with the band midpoint. A rise can still leave someone under the middle of the band, or push them over the maximum.
Use the salary increase cost calculator. Multiplying one person’s rise by the headcount is only right when everyone earns the same and everyone receives the same percentage.
A planning figure for a conversation. It is not a payslip, a filing, or legal advice.