Salary Hike Calculator – Calculate New Salary After Increment

Calculate your new yearly salary after a percentage hike. See hike amount, monthly increase, and download a detailed PDF breakdown.

Enter your current take-home (in-hand-yearly) salary, not CTC. This calculator estimates increase based on in-hand-yearly salary.

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Understanding Salary Hikes

A salary hike is an increase in your annual compensation, usually offered during appraisals. The final in-hand increase depends on company salary structure and deductions.

How Salary Hike Is Calculated

  • Yearly Increase = Current Salary × (Hike % ÷ 100)
  • Monthly Increase = Yearly Increase ÷ 12
  • New Salary = Current Salary + Yearly Increase

Examples

  • ₹6,00,000 with 10% hike → ₹6,60,000
  • ₹8,40,000 with 15% hike → ₹9,66,000

FAQs

Q: Can this calculator give exact salary figures?
A: No, it provides an estimate. Actual in-hand may vary based on allowances and company-specific deductions.

Q: Does PF affect my salary hike?
A: Yes, PF is deducted from your CTC, so your in-hand increase depends on both hike percentage and PF contribution.

Q: Can bonuses be included?
A: This calculator only considers annual CTC. Bonuses are additional and not included.