Salary Negotiation Calculator

Anchor Above Your Target, Not At It

A common negotiation principle is to open above your actual target number, since counter-offers typically move down from the opening ask rather than up from it. This calculator takes your desired raise percentage and a market rate benchmark, picks whichever is higher as the anchor point, and adds a further margin on top — producing a concrete opening number rather than a vague "ask for more."

The Formula

Target Salary = Current Salary × (1 + Desired Raise % / 100)
Market Gap % = ((Market Rate − Current Salary) / Current Salary) × 100
Recommended Ask = max(Target Salary, Market Rate) × 1.05

The 1.05 multiplier builds in a 5% negotiating margin above whichever anchor (your target or the market rate) is higher, leaving room to concede during back-and-forth while still landing at or above your actual target.

Worked Example

Recommended opening ask for a $70,000 current salary and $78,000 market rate benchmark, at different desired raise percentages
Desired raiseTarget salaryMarket gapRecommended ask
5%$73,500.0011.43%$81,900.00
8%$75,600.0011.43%$81,900.00
10%$77,000.0011.43%$81,900.00
12%$78,400.0011.43%$82,320.00

Notice the recommended ask stays anchored to the market rate ($78,000 × 1.05 = $81,900) until the target salary itself exceeds the market rate — at a 12% ask, the target salary overtakes the market benchmark and becomes the anchor instead.

Where This Gets Used

  • Preparing for an annual review — walking in with a specific number backed by a market benchmark rather than an open-ended request.
  • Responding to a lowball counter-offer — having a defensible opening figure to fall back on if a negotiation stalls.
  • Evaluating a competing offer as leverage — using an outside market rate as the benchmark input when a competing offer is in hand.

How to Use This Calculator

  1. Enter Current Salary.
  2. Enter Market Rate — a benchmark figure for the role, typically from salary survey data or a competing offer.
  3. Enter Desired Raise as a percentage.
  4. Select Calculate to see the target salary, market gap, and recommended opening ask.

Related Calculations

Check a straightforward raise calculation with the Salary Raise Calculator, or compare the result against a full offer with the Job Offer Comparison Calculator.