Calculate your exact increment amount and monthly take-home.
A Salary Hike refers to the percentage increase in an employee's compensation during appraisal cycles. Our dual-purpose tool can calculate increments from either a known percentage or a new offered salary.
Hike % = [(New Salary - Current Salary) / Current Salary] × 100
The average salary hike in India ranges from 8-12% annually. High performers may receive 15-25% hikes, while job switchers often negotiate 30-50% or higher increments depending on the industry and role.
Salary Hike % = [(New Salary - Old Salary) / Old Salary] × 100. For example, if your CTC increased from Rs. 10 LPA to Rs. 12 LPA, your hike percentage is [(12-10)/10] × 100 = 20%.
Not necessarily. CTC includes components like PF, gratuity, insurance, and variable pay which don't directly add to monthly in-hand salary. A higher CTC with more variable components may result in a lower monthly take-home.
Most Indian companies conduct annual appraisals between March-June. Hikes are typically effective from April (start of the financial year). Some companies may also offer mid-year corrections or promotion-linked hikes.