1. What is a Wage Percentage Increase Calculator?

Definition: This calculator determines the percentage increase between an old wage and a new wage in GBP.

Purpose: It helps employees and employers understand pay raises and compare wage changes over time.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• New Wage — Current or proposed wage amount
• Old Wage — Previous wage amount
• Increase — Percentage difference between wages

Explanation: The difference between wages is divided by the original wage to find the relative increase, then multiplied by 100 to convert to percentage.

3. Importance of Wage Increase Calculation

Details: Understanding wage increases helps with financial planning, salary negotiations, and tracking career progression.

4. Using the Calculator

Tips: Enter both wage amounts in GBP (before tax). The calculator works for hourly, weekly, monthly or annual wages.

5. Frequently Asked Questions (FAQ)

Q1: Should I use gross or net pay?
A: Typically use gross pay (before tax) for accurate percentage comparisons.

Q2: What if my wage decreased?
A: The calculator will show a negative percentage, indicating a decrease.

Q3: How does this compare to inflation?
A: Compare your percentage increase to inflation rates to understand real wage changes.

Q4: Can I use this for salary negotiations?
A: Yes, it helps quantify raise requests and compare offers.

Q5: Does this account for bonuses or benefits?
A: No, this calculates only base wage changes. For total compensation, include all elements.