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how to calculate percentage of hourly raise. How to Figure Out Pay Increase Percentage. Your employer may increase your annual salary by a certain percentage each year for various reasons such as for good performance.
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Calculating an employees raise by flat rate is a pretty simple process. Before using this calculator it may be beneficial for you to understand how to calculate percent increase by using the percent increase formula. Enter the number of hours you work per week.
Multiply the employees current pay rate by that decimal.
To format the result as a percentage click the Percent Style button in the Number section on the Home tab. 20 20 10 100 20 20 01 20 2 22. The brackets around the subtraction part of the formula ensure that calculation occurs first. New Salary Old Salary X Raise Old Salary.
