Salary Hike Calculator
Apply a hike percentage to your salary and see the new monthly pay, the increase and the new annual figure.
- Increase per month
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- New annual salary
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Gross figures only, before tax and other deductions.
What is the Salary Hike Calculator?
The salary hike calculator applies a percentage increase to your current monthly salary. It shows the new monthly salary, the rupee amount of the increase and the new annual figure, so you can see what a hike offer means in practice.
How it works
The increase equals current monthly salary multiplied by the hike percentage divided by 100. New monthly salary equals the current salary plus the increase. New annual salary equals the new monthly salary multiplied by twelve. Deductions are not applied, so figures are gross.
How to use it
- Enter your current monthly salary.
- Enter the hike percentage.
- Read the new monthly salary, the increase and the annual figure.
Salary Hike Calculator — FAQ
Is the result in-hand pay?
No. It is a gross figure. Taxes, provident fund and other deductions are not taken out.
Should I enter monthly or annual salary?
Enter monthly salary. The annual figure is then the new monthly pay multiplied by twelve. An annual entry would be multiplied by twelve again.
Does it work for a pay cut?
Yes. Type a negative hike percentage to see a reduction.