What is a good raise percentage?

A typical annual raise is 3-5%, while a promotion often comes with a 10-20% increase. A "good" raise keeps pace with inflation (around 3-4%) while rewarding performance.

How do I calculate my raise percentage?

Divide the difference between your new and old salary by your old salary, then multiply by 100. For example: ($70,000 - $65,000) ÷ $65,000 × 100 = 7.7%.

Should I negotiate for a raise or a one-time bonus?

A raise is usually better because it compounds over time and affects future raises. A 5% raise continues to pay you more every year, while a bonus is a one-time payment.