Regardless of the amount, or if there is a cost of living increase for all employees, there is a standard way to calculate the increase. Step 1. Determine the yearly salary before the increase. This is the annual gross figure the employee received prior to the raise; for example, $50,000.Step 2. Compute the raise based on the percentage or the flat amount given. Percentage example: $50,000 x 4 percent (.04) = $2,000 annual increase.Therefore, the new annual salary is $52,000. The flat amount example would be: $50,000 + $1,500 = $51,500, the new annual salary.
The calculator will use your ROI to calculate potential earnings on your raise if you choose to invest it rather than spend it. New pay rate: Your new pay rate based on your pay raise calculator entries. Percentage increase: The percentage increase of your pay rate dollar-amount increase.  You can find a month-by-month breakdown of U.S. inflation rates for the past fifteen years here. 3. Subtract the inflation rate from your increase percentage. To determine the effect inflation has on your increased salary, simply subtract the rate of inflation from the increase percentage you calculated in Part 1. For example, the average inflation rate in 2014 was 1.6% 1 Enter the raise as a percentage 2  (%). In necessary, update the number of hours worked per week. 3  If you are paid $30.25 per hour, enter 30.25 in the Before Raise Pay Rate edit box and select hour in Pay Is By combo box. Calculation Instructions: 1  Enter the before raise pay rate. 2  Select the pay period. 3  Enter the raise as a percentage 4  (%). In necessary, update the number of hours worked per week. 5 1 If you receive hourly pay and don’t know your total yearly earnings, you can simply use the old and new hourly rate in place of the salary. 2  For instance, if the raise was from $14/hour to $16/hour, then you would use $16 - $14 = $2. 3. Subtract the inflation rate from your increase percentage. To determine the effect inflation has on your increased salary, simply subtract the rate of inflation from the increase percentage you calculated in Part 1. Subtract your old pay rate from your new rate to determine the dollar amount of the increase. For example, if you are currently making $40,000 annually and your new salary will be $42,000, the dollar amount of the increase is $42,000 - $40,000 = $2,000. The concept is the same if you earn an hourly wage. For instance, if your old hourly rate was $11.75 and your new rate is $12.50, the amount of the increase is $12.50 - $11.75 = $0.75. Divide the dollar amount of the increase by your old salary to determine the percentage increase. For the example in Step 1, the salary increase percentage is $2,000/$40,000 = 5 percent. The hourly wage percentage increase is $0.75/$11.75 = 6.38 percent So the way to calculate a percent increase between two numbers: 1. Take the difference between two numbers (this can be a subtracted either way because the number will just be a negative) $42,000 – $35,000 = $7,000. 2. Take the difference ($7,000) and divide by the original number: $7,000/$35,000 = 0.20. 3.  Your employees will also appreciate being told in exact figures what they will now be earning, such as 50 cents more per hour, rather than simply being told a percentage amount, such as an eight percent pay raise. Step 1. Determine the amount of the old salary and the amount that you want to increase it by. For example, if an employee made $18,500 last year and you would like to give her a 10 percent raise, these are the numbers you should use. Always use pre-tax amounts for your salary computations. Step 3. Add that figure to the old salary to determine the employee's new salary. Continuing the example, add $1,850 to $18,500 for a total of $20,350. Step 4. Evaluate the resulting amount to determine if this raise amount is feasible for your business. Regardless of the amount, or if there is a cost of living increase for all employees, there is a standard way to calculate the increase. Step 1. Determine the yearly salary before the increase. This is the annual gross figure the employee received prior to the raise; for example, $50,000. Step 2. Compute the raise based on the percentage or the flat amount given. Percentage example: $50,000 x 4 percent (.04) = $2,000 annual increase. Therefore, the new annual salary is $52,000. The flat amount example would be: $50,000 + $1,500 = $51,500, the new annual salary. For example, say the employee’s annual salary went from $49,000 to $51,000 (an annual increase of $2,000), effective at the start of the prior biweekly pay period.
http://www.free-online-calculator-use.com/pay-raise-calculator.html http://www.wikihow.com/Work-out-Salary-Increase-Percentage http://www.ajdesigner.com/fl_pay_raise/payraise.php http://www.wikihow.com/Work-out-Salary-Increase-Percentage http://www.ehow.com/how_5073554_calculate-salary-increase.html http://www.myinvestingblog.com/how-do-i-calculate-a-percentage-of-increase-in-my-salary-or-investment/ http://smallbusiness.chron.com/figure-out-salary-percentage-increase-11337.html http://smallbusiness.chron.com/calculate-salary-increases-2169.html
how to calculate salary hike