Single raise
Pay Raise Calculator
Apply one percentage or fixed-dollar raise and compare every pay period.
Calculate new payAnnual raises over time
Salary Growth Calculator
Project Future Earnings by Year with a recurring annual raise and a clear year-by-year salary table.
Your projection
See salary growth year by year
Apply the same annual percentage across up to 50 years and review the full compound-growth table.
Formula and example
Salary growth formula
Use future salary = starting salary × (1 + annual rate ÷ 100)years. The exponent matters because each raise builds on the salary from the previous year.
Example: $60,000 growing by 3% each year becomes $61,800 after year one and $63,654 after year two. The second increase is based on $61,800 rather than the original salary.
Projections are mathematical estimates before taxes, inflation, and deductions. They are not tax, legal, financial, or employment advice.
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Calculate a single raise or reverse the percentage
Reverse calculation
Raise Percentage Calculator
Compare old and new pay when you need to reverse-calculate the change rate.
Find the percentageCommon questions
Salary growth FAQ
How is future salary growth calculated?
The calculator compounds the same annual rate each year: starting salary × (1 + annual rate) raised to the number of years.
Why is compound growth different from simple growth?
Each new raise is applied to the previous year's higher salary. The increase therefore grows over time instead of adding the same dollar amount every year.
Can I enter a negative salary growth rate?
Yes. Rates down to -100% can model repeated salary reductions. Negative results are projections, not recommendations or predictions.
Does the projection account for inflation or taxes?
No. It shows nominal gross salary based only on the annual rate and does not model inflation, taxes, benefits, bonuses, or deductions.