Salary hike calculator
Fill in any two boxes and the third is worked out for you. Find your new salary, the hike % you got, or what your salary was before.
The box marked Calculated changes by itself. Type in it to make it one of your two inputs instead.
Monthly figures are yearly ÷ 12. Take-home pay is lower than CTC after PF, tax and other deductions.
Your salary at common hikes
Salary hike formulas
Example: ₹6,00,000 with a 10% hike becomes 6,00,000 × 1.10 = ₹6,60,000, an increase of ₹60,000 a year or ₹5,000 a month.
Is the hike on CTC or on in-hand salary?
Companies usually state the hike on CTC (cost to company). Your in-hand salary rises by a little less, because PF and tax also go up.
How do I work out the hike when changing jobs?
Enter your current CTC as the previous salary and the offer as the new salary. The hike % box fills in by itself.
Can I enter a pay cut?
Yes. Type a negative hike, such as −10, or a new salary lower than the old one.
Is a 10% hike enough?
Compare it with inflation. If prices rise 5–6% a year, a 10% hike is a real rise of about 4%. See the inflation calculator.