How Much to Ask For Raise Calculator
Calculate the exact raise you need to meet your financial goals.
Download the Calculator Worksheet
This spreadsheet helps you calculate a target raise amount based on increased expenses, performance, and career growth.
What's in the Worksheet
- Sections to input your current salary and expenses.
- Fields for cost of living increases (inflation).
- A calculator to add percentages for performance and new responsibilities.
- A final calculated target salary and raise amount.
Key Features
Data-Driven Request
Base your raise request on concrete numbers, not just a feeling.
Holistic Calculation
Accounts for inflation, performance, and increased responsibilities.
Builds Confidence
Enter your negotiation knowing exactly what you need and why.
How to Use This Worksheet
- Download the .xlsx file.
- Enter your current salary and monthly expenses.
- Look up the current CPI (inflation rate) and add it.
- Add a percentage for your performance and any new duties.
- The worksheet will calculate your target salary.
Expert Insights
Asking for a "fair" raise is subjective. Asking for a raise based on a clear calculation that includes inflation, performance, and market value is a powerful strategy. This worksheet helps you build a logical and compelling case for the number you are requesting.