1. What is the Salary Percentage Calculator?

The Salary Percentage Calculator calculates the percentage increase or decrease between two salary amounts. It helps employees and employers understand changes in compensation over time.

2. How Does the Calculator Work?

The calculator uses the percentage change formula:

Where:

• \( \text{New Salary} \) — Current or proposed salary amount
• \( \text{Old Salary} \) — Previous salary amount

Explanation: The formula calculates the relative change between two salary amounts as a percentage of the original salary.

3. Importance of Salary Percentage Calculation

Details: Understanding salary changes as percentages helps in comparing raises across different salary levels, negotiating compensation, and tracking career progression.

4. Using the Calculator

Tips: Enter both old and new salary amounts in USD. The calculator will show the percentage increase (positive value) or decrease (negative value).

5. Frequently Asked Questions (FAQ)

Q1: What does a negative percentage mean?
A: A negative percentage indicates a salary decrease from the old to new amount.

Q2: Should I use gross or net salary?
A: Typically use gross salary (before deductions) for these calculations as it represents the full compensation amount.

Q3: How does this compare to cost of living adjustments?
A: This shows the nominal change. To compare to cost of living, you'd need to adjust for inflation separately.

Q4: Can I use this for hourly wage changes?
A: Yes, if you convert hourly wages to equivalent annual salaries first for meaningful comparison.

Q5: What's considered a good salary increase percentage?
A: Typically 3-5% is standard for cost of living, while promotions may bring 10-20% or more, varying by industry and location.