Promotion Pay Rise After Tax
Estimate the real take-home value of a promotion salary increase.
Compare old role and new role
Use current salary and promoted salary with the same assumptions to estimate the take-home increase.
Check package components
Promotions may change bonus, allowances, car benefits, super or commission as well as base salary.
Use the net increase
The monthly or fortnightly take-home difference is often the clearest number for deciding whether the move is worth it.
Common questions
Can a promotion push me into a higher bracket?
Yes, but only the income inside that bracket is taxed at the higher rate.
Should I negotiate base or bonus?
Base salary is usually more reliable, but the right mix depends on the role.