Calculate your salary increase over time based on your current salary, annual increase rate, and number of years.
The Calculate Box salary increase calculator uses the following formula to calculate your salary increase:
Salary = Salary * (1 + Annual Increase Rate)
For example, if you have a $40,000 salary and you get a 3% annual increase, you would make $41,200 the next year.
Salary increases compound over time, so the longer you work, the more your salary will increase.