The pay rise or pay raise is a number that represents an increase in the amount of money you earn while doing your job. Sometimes this term can be accompanied with the pay itself and additional benefits that you can ask from your boss. Pay Raise and additional benefits can help you largely with your retirement plans, and generally in life, like with insurance premiums.

When you compare your previous salary with the bigger salary, you can calculate your pay rise. In short, previous salary is bigger for the amount of money which we present as pay rise.