How it works
New salary = current salary × (1 + percentage increase ÷ 100).
A worked example
A 5% rise on £35,000 adds £1,750 and gives a new gross salary of £36,750.
What to keep in mind
Gross-pay comparison before tax, National Insurance, pension and other deductions. A negative percentage can model a pay reduction.
A common question
Will my take-home pay rise by the same percentage?
Not necessarily. Income Tax, National Insurance, pension and other deductions can make the percentage change in take-home pay different.
For general information and planning, not personalised financial or tax advice. Verify important decisions with a qualified adviser.