How to use the Salary Hike & Increment Calculator
- Choose whether to calculate the new salary or the hike %.
- Say whether your figures are monthly or annual.
- Enter your current salary and the hike % (or the new salary).
Formula
New salary = Current salary × (1 + Hike ÷ 100)
Hike % = (New − Old) ÷ Old × 100
Hike on CTC vs hike in take-home
A 12% hike on CTC rarely means 12% more in your bank account. If part of the increase goes into variable pay, employer PF or gratuity, or pushes you into a higher tax slab, the in-hand increase is smaller. Run both salaries through the CTC to In-Hand Salary Calculator to compare take-home pay.
Worked examples
12% hike on ₹8,00,000 CTC
- Increase = 8,00,000 × 12% = ₹96,000
New CTC ₹8,96,000 (₹74,667 a month)
Offer of ₹9,20,000 against ₹8,00,000
- (9,20,000 − 8,00,000) ÷ 8,00,000 × 100
15% hike
Frequently asked questions
What's the difference between a hike and an increment?
In everyday use they mean the same: an increase in salary, usually expressed as a percentage of current pay.
Is a 30% hike on a job switch realistic?
It depends on your role, market demand and current pay. Compare the offer's in-hand salary, not just CTC, and check how much is variable.