Salary Calculator

Salary Calculator

Current Salary:
Expected salary increase per year (%):
Number of years:
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Salary Formula:

Future Salary = FV(Current Salary, Salary Increase %, Number of Years)

Salary Definition

The Salary Calculator will calculate what your future salary will be if you enter in your current salary, the expected percentage increase in your salary per year, and then the number of years out in the future that you want to predict your salary for.

It is typical for employers to increase an employee’s salary at least 3% to 5% every year to adjust for inflation and and increased cost of living (although this is not required). On top of this number you will likely want to add an additional percentage to account for merit salary increases. Check out the free online salary calculator and all of our other online calculators!

How to Calculate Salary

Let's be honest - sometimes the best salary calculator is the one that is easy to use and doesn't require us to even know what the salary formula is in the first place! But if you want to know the exact formula for calculating salary then please check out the "Formula" box above.

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You can get a free online salary calculator for your website and you don't even have to download the salary calculator - you can just copy and paste! The salary calculator exactly as you see it above is 100% free for you to use. If you want to customize the colors, size, and more to better fit your site then pricing starts at just $29.99 for a one time purchase or $19.99/month to get access to all of our 100's of calculators. Click the "Get Started" button above to learn more!