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Definition: This calculator determines your new salary after a percentage increase and shows the monetary amount of the increase. New Salary=Current Salary+ (Percentage Increase100×Current Salary)New Salary=Current Salary+ (100Percentage Increase×Current Salary) This formula calculates the new salary by How to Calculate Percentage of Pay Increase Accurately understand your compensation growth. Includes formula, examples, and real-world applications. What is a Salary Increase Calculator? Definition: This calculator determines the monetary value of a salary increase based on a percentage and calculates the new salary after the increase. This Calculate your salary increase with our free calculator. 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