Salary Increase Calculator
Project how your salary grows over time with annual percentage raises using compound growth.
Results
What is it?
The Salary Increase Calculator projects your future salary after receiving consistent annual percentage raises. It uses compound growth — each raise builds on the previous year's salary, not your original salary.
How to use
Enter your current annual salary, the expected annual raise percentage, and how many years to project. The calculator shows your new salary after all raises, the total dollar increase, and the monthly difference.
Example scenario
A $60,000 salary with 3% annual raises over 5 years grows to $69,556. That's a $9,556 total increase or about $796/month more than your starting pay.
Pro tip
The average US raise is around 3-4%. If your raises consistently fall below inflation (typically 2-3%), your real purchasing power is declining. Use this calculator to negotiate by showing the compound effect of even a 1% higher raise.