Future Pay-Rise | Wage-Rise | Salary-Rise Calculation
Pay Rise Calculator
Calculate your salary raise and figure out the all details of hourly, weekly, bi-weekly, monthly, semi-monthly, bi-monthly, quartely , semi-annually and annual conversions instantly.
Pay Rise Calculation Formula
Salary increase based on merit. Salary Increase may be an employee who took on new responsibilities or added a new skill or title.
The formula of calculating pay rise is as follow:
Calculating salary increase: Percentage
New Salary = (Old Salary x Raise %) + Old Salary
Calculating salary increase: Flat Raise
Divide the annual salary by 52 (weekly), 26 (biweekly), or 24 (semimonthly) and so on.
Calculating raise percentage based on new wage
Percent Raise = [(New Salary − Old Salary) / Old Salary] × 100