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Salary Increase Calculator Australia
Free salary increase calculator: your new salary from a % raise (or the % from a new offer), the extra per year, month and fortnight, and whether the raise beats inflation.
Your raise
Your new salary
$89,250
| Increase | 5.00% |
| More a year (before tax) | $4,250 |
| More a month (before tax) | $354.17 |
| More a fortnight (before tax) | $163.46 |
| Real raise after inflation | 1.94% |
New salary = current salary Γ (1 + increase %). Your take-home rises by less than the gross figure because tax and the Medicare levy go up too: try the take-home pay calculator on this site for the after-tax difference.
Real raise = (1 + raise) Γ· (1 + inflation) β 1. Not legal, tax or financial advice. π Everything stays on your device.
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Questions people ask
How do I work out a pay rise?+
New salary = current salary Γ (1 + raise %). A 5% raise on 60,000 is 63,000.
What is a real pay rise?+
Your raise after inflation: (1 + raise) Γ· (1 + inflation) β 1. A 4% raise with 3% inflation is a real raise of about 1%.