Salary Increase Calculator
Know Your Worth โก
Calculate your pay rise percentage, new annual salary, monthly and weekly pay โ instantly. Works for both "I know my raise %" and "I know my new salary" scenarios.
Calculate your pay rise percentage, new annual salary, monthly and weekly pay โ instantly. Works for both "I know my raise %" and "I know my new salary" scenarios.
In the UK, average pay rises typically run at 3โ5% per year in normal economic conditions, often tracking inflation. A rise above inflation means your salary has real purchasing power growth. A rise below inflation means your salary is effectively declining in real terms. When negotiating, research your industry's benchmarks and factor in your individual performance, tenure, and market rate.
If you know your raise percentage:
New Salary = Current Salary ร (1 + Rise % รท 100)
If you know your old and new salary:
Rise % = (New โ Old) รท Old ร 100
How much extra will I take home after a pay rise?
This depends on your tax bracket. This calculator shows gross salary figures. For net take-home pay, you would need to factor in Income Tax and National Insurance, which vary based on your total earnings and personal allowance.
Is a 3% pay rise good?
It depends on inflation. If inflation is running at 2%, a 3% raise gives you a real-terms increase of roughly 1%. If inflation is at 5%, a 3% raise means your pay has declined in real purchasing power.
How do I negotiate a pay rise?
Research market rates for your role using salary survey data, document your achievements and contributions, and frame your request around the value you bring. Aim slightly higher than your target to leave room for negotiation.