Salary Hike Calculator
Enter your current salary and a hike percentage to see your new pay, or enter an offer to see what percentage increase it is.
Results
New annual salary
₹11,20,000
- Increase per year
- ₹1,20,000
- Hike percentage
- 12%
- Current monthly salary
- ₹83,333
- New monthly salary
- ₹93,333
- Increase per month
- ₹10,000
A 12% hike takes ₹10,00,000 to ₹11,20,000, ₹10,000 more every month.
Show the calculation steps
- New salary = current × (1 + hike %) = ₹10,00,000 × (1 + 12%) = ₹11,20,000.
- Increase = ₹1,20,000 a year = ₹10,000 a month.
- This is the change in gross pay before tax and deductions. Your take-home changes by less than the hike because of tax and PF.
Read the hike as a percentage
A salary offer is easiest to judge as a percentage of your present pay. Compare it with inflation and with what others in your role are getting.
Gross versus take-home
Your take-home rises by less than the hike because higher pay is taxed at higher rates and PF grows with basic. Use the take-home salary calculator to see the effect.
Formula
New salary = Current salary × (1 + hike % ÷ 100)
Hike % = (New salary − Current salary) ÷ Current salary × 100
Where:
- Current salary
- = Your present gross pay
- Hike %
- = The percentage increase
Example calculation
₹10,00,000 with a 12% hike
Inputs
- Current Annual Salary
- ₹10,00,000
- What do you know?
- The hike percentage
- Hike Percentage
- 12 %
Result
- New annual salary
- ₹11,20,000
- Increase per year
- ₹1,20,000
- Hike percentage
- 12%
- Current monthly salary
- ₹83,333
- New monthly salary
- ₹93,333
- Increase per month
- ₹10,000
Step-by-step
- New salary = current × (1 + hike %) = ₹10,00,000 × (1 + 12%) = ₹11,20,000.
- Increase = ₹1,20,000 a year = ₹10,000 a month.
Important notes
- All figures are gross (before tax and deductions).
Disclaimer: This calculator provides estimates for informational purposes and should not be considered financial advice. Actual figures from lenders, banks and investment products can differ because of fees, taxes, rounding rules and changing rates. Consult a qualified professional before making financial decisions.
Frequently asked questions
How do I calculate a salary hike?
New salary = current salary × (1 + hike percentage ÷ 100).
How do I find the hike percentage from an offer?
Divide the increase by the current salary and multiply by 100, or choose the new salary option.
Can the hike be negative?
Yes, enter a negative percentage to model a pay cut.
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