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Salary Hike Calculator

Work out your new salary after an appraisal or job offer, or the exact hike percentage between two salaries.

I know the
₹

Use CTC, gross or in-hand, but the same kind for both.

%
New salary
₹9,20,000
Increase per year
₹1,20,000
Increase per month
₹10,000
New monthly salary
₹76,667

Formulas

  • New salary = current salary × (1 + hike% ÷ 100)
  • Hike % = (new salary − current salary) ÷ current salary × 100
  • Monthly increase = (new salary − current salary) ÷ 12

Example

A 15% hike on ₹8,00,000 a year gives ₹9,20,000, an increase of ₹1,20,000 a year or ₹10,000 a month. Going from ₹8,00,000 to ₹10,00,000 is a 25% hike.

Before you accept an offer

  • Check how much of the new CTC is fixed pay and how much is variable or a one-time joining bonus.
  • Run both salaries through the in-hand salary calculator: a higher basic means higher PF, which lowers monthly take-home but adds to savings.
  • Compare benefits that aren't in the number, such as health insurance cover and notice period buy-out.

Frequently asked questions

How do I calculate my hike percentage?

Hike % = (new salary − old salary) ÷ old salary × 100. For example, from ₹8 lakh to ₹10 lakh is a 25% hike.

Should I compare CTC or in-hand salary?

Either works, but use the same kind for both. A CTC hike doesn't raise in-hand pay by the same percentage, because PF and tax rise too. Use the in-hand salary calculator to see the take-home change.

What is a good hike when switching jobs?

It depends on your field, experience and market demand. Look at the in-hand difference, not just the headline percentage, and account for any bonus or variable pay you would give up.

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