Next enter the hours worked per week and select the type of raise percentage increase flat rate increase or a new pay rate. Raise of 5 the following equation illustrates this formula. Heres the word equation.
Using the sum of this figure divide this remaining figure by the.
20 20 10 100 20 20 01 20 2 22. Enter your current pay rate and select the pay period. Percent Raise New Salary Old Salary Old Salary X 100 Lets use the same example as above. Find the size of the increase.