This interactive tool allows you to enter the cost of living increases you have received in recent years. The calculator will automatically calculate how your salaries have fared in real terms when compared against inflation. This is invaluable information to put in your pay claim.
Notes
- The calculator only works when a pay increase is logged for 2022/23. If you have not agreed this yet, please type 0, but bear in mind that the figures for real-terms pay loss will change once you receive any 2022/23 increase.
- The calculator looks at cost-of-living pay increases only. Other increases due to progression or promotion are designed to reward you for your increased experience or responsibility, rather than to maintain the real value of your salary. As such, they are not suitable for comparing with inflation.
- Inflation is measured by the September Retail Price Index each year, to coincide with pay settlements at the start of the new academic year.