1. What is the Salary Increase Calculator?

The Salary Increase Calculator helps you determine how much your salary has grown over a 10-year period by comparing your original salary to your current salary.

2. How Does the Calculator Work?

The calculator uses a simple formula:

Where:

• \( Current \) — Your current annual salary in USD
• \( Original \) — Your original annual salary 10 years ago in USD

Explanation: The calculation shows the absolute increase in your salary over the 10-year period.

3. Importance of Salary Growth Tracking

Details: Tracking salary growth helps assess career progression, negotiate better compensation, and plan financial goals.

4. Using the Calculator

Tips: Enter your original salary from 10 years ago and your current salary. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Should I use gross or net salary?
A: Use gross (pre-tax) salary for the most accurate comparison, as net salary can be affected by changing tax laws.

Q2: How does this account for inflation?
A: This shows nominal increase. For real increase, you'd need to adjust for inflation separately.

Q3: What if my career path changed?
A: The calculator shows absolute change regardless of career changes. For field-specific analysis, additional tools would be needed.

Q4: Can I use this for different time periods?
A: This calculator is designed for 10-year comparisons. For other periods, you'd need to adjust the interpretation.

Q5: Should bonuses be included?
A: For comprehensive comparison, include regular bonuses that are part of your compensation package.