Pay Raise Calculator
Parameter | Description | Example Value |
---|---|---|
Current Salary | The current annual salary of the employee. | $50,000 |
Raise Percentage | The percentage increase in salary. | 10% |
Raise Amount | The amount of raise in dollars (Current Salary * Raise Percentage). | $5,000 |
New Salary | The new annual salary after the raise (Current Salary + Raise Amount). | $55,000 |