What does this tell me?
Your new annual salary after a percentage pay rise, and the actual money the rise adds. A 5% rise on 60,000 is 3,000 more a year.
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See the new annual salary and the absolute gain from a percentage pay rise.
new salary = current × (1 + rise%/100)
Your new annual salary after a percentage pay rise, and the actual money the rise adds. A 5% rise on 60,000 is 3,000 more a year.
Before tax. It shows the gross change to your salary; your take-home rise will be smaller once tax is applied, which the Tax Rate Change calculator can illustrate.
Run each offer's base and rise to see the resulting salary, then compare the figures directly rather than wrestling with percentages in your head.
A single rise does not, but successive annual rises do build on each other. Run it year by year, using each new salary as the next base, to see the snowball.
Because 10% of a small salary can be less cash than 3% of a large one. The absolute gain is what actually lands in your account.