What you’ll learn Step-by-step process for calculating raise percentages Factors influencing salary adjustments Impact of raises on tax liabilities Considering benefits beyond salary Small and medium-sized businesses that prioritize employee retention should know how to calculate a pay raise. That’s because keeping your team happy can go a long way to limit the expense of onboarding and training new hires, which tends to come with high turnover. In addition, most top talent expects fair pay...