Salary Hike Calculator
Calculate your salary increase percentage or new salary after appraisal. Essential tool for employees to evaluate job offers, promotions, and annual increments.
Calculate New Salary
Salary Projection
Salary Increase Amount:
₹0
New Annual Salary:
₹0
New Monthly Salary:
₹0
Calculate Hike Percentage
Hike Calculation
Salary Increase Amount:
₹0
Hike Percentage:
0%
New Monthly Salary:
₹0
How to Use This Salary Hike Calculator
Calculate New Salary
- Enter your current salary (annual or monthly)
- Enter the expected hike percentage (e.g., 15 for 15%)
- Click "Calculate New Salary" to see your projected salary
- Results show your raise amount, new annual salary, and new monthly pay
Calculate Hike Percentage
- Enter your current salary (annual or monthly)
- Enter your new salary offer (same time period as current salary)
- Click "Calculate Hike Percentage" to see your raise percentage
- Results show your salary increase amount, hike percentage, and new monthly pay
Salary Hike Calculator FAQs
What is a salary hike calculator?
A salary hike calculator is a tool that helps employees determine either:
- Their new salary after a known percentage increase (like during appraisals)
- The percentage increase when comparing current and new salary offers
How accurate is this salary hike calculator?
Our calculator provides 100% accurate mathematical calculations based on your inputs. However:
- It calculates gross salary (before taxes and deductions)
- Results assume the same pay frequency for both salaries
- For exact take-home pay, consult a tax professional
Can I use this for monthly to annual salary conversions?
Yes! The calculator works with any pay period as long as both inputs use the same period. For conversions:
- Monthly to Annual: Multiply monthly by 12
- Annual to Monthly: Divide annual by 12
What's considered a good salary hike percentage?
Typical salary increases vary by situation:
- Annual increments: 3-10% (industry standard)
- Promotions: 10-25% (varies by level)
- Job changes: 15-40% (market dependent)
- Inflation adjustments: 5-8% (to maintain purchasing power)
Does this calculator work for hourly wages?
Yes, but you'll need to convert to an equivalent salary first:
- Hourly to Annual: Hourly rate × Hours per week × 52 weeks
- Hourly to Monthly: (Hourly rate × Hours per week × 52) ÷ 12
