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Here's some additional information on using online resources for compensation, from Marketplace Money.


Doug's Blog:

1. Current Pay

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2. Pay Period

3. Weekly Hours

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4. Pay Raise

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5. Decimal Places

Welcome to Payraise Calculator! To get started, please enter your current pay.
Privacy Statement: No information entered is recorded, saved or shared.
Please enter the current pay you wish to calculate your pay raise from.
Please enter the period of time the current pay from #1 is disbursed in. Bi-weekly is every 2 weeks or 14 days. Semi-Monthly is twice per month (For example: the 1st and the 15th).
Please enter how many hours worked in a typical work week.
Please enter the pay raise. If this is the amount of the increase, select 'increase'. If this is a percent increase, select 'percent', or if this is the new rate per pay period in step 2, select 'new rate'.
Please enter how many decimal places you wish to round your results to.

How to use Payraise Calculator:

  1. Enter your current pay. This can be hourly, weekly, bi-weekly, semi-monthly, monthly or annual pay. You can enter dollars and cents. When you click the decimal place, you'll automatically shift to the decimal text box. (Cool, huh?)
  2. Enter what period that you receive that pay within. Bi-weekly means every 2 weeks. Semi-monthly means twice a month (like on the 1st and 15th).
  3. Enter how many hours you work or are paid for in a week (sometimes it's not the same, huh? Yea... I know!) This will allow the calculator to calculate your hourly pay.
  4. Now enter your pay raise and what kind it is. If it's an increase (example... a dollar raise), then select 'increase'. If it's a percent, then percent. If you know your new rate... you can select that too.
  5. Enter the number of decimal places you want to round off at. Then click Calculate!
  6. Click here to get your Salary.com Personal Salary Report

Didn't get that Pay raise? Find a new job here:

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