Salary increase projection

Enter your starting annual salary, the yearly raise percentage, and how many years to project. Each year applies the same percentage to the salary after the previous year’s raise (compound growth).
Inputs
Salary increase projection
YearCurrent salaryIncrease amountNew salaryTotal increase
Enter values and choose Calculate.

How this calculator works

Year-by-year columns

  • Current salary — Salary at the start of that year (before the raise).
  • Increase amount — Current salary × (annual increase ÷ 100).
  • New salary — Salary after applying the raise for that year.
  • Total increase — Running sum of all raise amounts from year 1 through that year.

Compound raises

Each year’s percentage is applied to the new salary from the prior year, which matches typical “annual merit increase” projections.

About this calculator

Written by
OnlineWebToolkit Editorial Team
Last reviewed

Formula and sources

This calculator implements the published methods below. Where a formula has several competing versions, the page says which one it uses and why.

  • New salary = current x (1 + increase / 100). Percentage increase = (new - current) / current x 100. Figures are gross.

This is an educational estimate, not financial advice. It does not know your jurisdiction's tax rules or the terms of any specific lender's contract. Before you sign anything, the binding figures are the ones on the lender's own written disclosure. See our full disclaimer.