Planning your future or asking for a raise? Our Salary Increase Calculator is a must have. See how incremental raises add up over time and make informed decisions for your career. With the ever changing job market and need to stay ahead financially it’s important to see the long term effects of annual increases. Just put in your current salary, projected annual increase rate and desired forecast years. Within seconds you’ll see your potential earnings path. Plan today and secure tomorrow.
Salary Increase Calculator
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Salary Increase Calculator: How to Calculate Your Raise
A salary increase is an increase in your base pay. It can be given to you by your employer for many reasons such as your performance, experience or cost of living. If you want to know how much of a salary increase you can get or how to calculate your raise, this is for you.
Calculating Salary Increase Monthly - Weekly - Daily
There are a few ways to calculate a salary increase. The easiest way is to use a percentage calculator. Just enter your current salary and the percentage increase you’re expecting. The calculator will tell you what your new salary will be.
For example, if your current salary is AED 50,000 and you’re expecting a 5% raise, your new salary would be AED 52,500.
DIY Raise Calculation
If you don’t know what percentage increase to expect, you can do a DIY raise calculation. To do this, research salaries for similar positions in your industry and region. Once you have an idea of the market rate, compare your current salary to the market rate. If your salary is below the market rate, you can use that difference to calculate your desired raise.
So 60,000 AED is the market rate and 50,000 AED is your current salary, you can calculate your desired raise as 10,000 AED.
When to Expect a Pay Raise in UAE
There is no set time when you can expect a salary increase. However, there are a few common times when employers typically offer raises, such as:
- During your annual performance review
- When you're promoted to a new position
- When you take on new responsibilities
- When you've been with the company for a certain number of years
Common Questions:
How do I calculate 5% raise in AED?
To calculate 5% raise in AED, just multiply the percentage increase (in decimals) by your current salary in AED and then add your current salary. For example if your monthly salary is 4,000 AED, 5% would be 0.05 x 4,000 AED + current salary = 4,200 AED.
Is 10% annual raise same as 10% monthly raise in AED?
Yes, surprisingly 10% annual raise is same as 10% monthly, weekly or hourly raise in AED. For example if your monthly salary is 5,000 AED, 10% monthly would be 500 AED extra per month. If your annual salary is 60,000 AED, 10% annual raise would be 6,000 AED per year or 500 AED per month (by dividing the new 6,000 AED raise by 12 months in a year).
How much pay raise do I need to get an extra month’s salary in AED?
To get an extra month’s salary, your company will need to give you 8.33% pay raise in AED. By the end of the first year, your earnings will be one extra month’s salary more than what you were getting before the raise. For example if your monthly salary is 7,000 AED and your boss gives you 8.33% pay raise, your raise will be 7,000 AED per year.