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How Do You Calculate A 5% Raise? [Solved]
An employee’s current annual salary is $50,000, and she earns a $2,500 raise, her annual salary will increase to $52,500. Divide $2,500 by $50,000 and the result is 0.05, which is 5 percent (2,500/50,000 = 0.05). To double check your math, multiply $50,000 by 1.05, and the result is $52,500 (50,000 x 1.05 = 52,500).
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