Salary Hike
Salary Hike Calculator
How to calculate the percentage of hike in salary? Our free salary percentage hike calculator helps you calculate percentage hike in salary or determine your new salary based on a given hike percentage. Whether you want to calculate your salary hike percentage from old to new salary amounts, or find your new salary after a percentage increase, our calculator provides accurate results instantly.
Want to easily generate salary slips?
Instantly create compliant and accurate payslips using our free payslip generator, or fully automate your payslip creation process with our premium payroll software.
Salary Hike Calculator Results
Your New Salary
Salary Hike Analysis
Note: According to recent industry surveys in India, typical annual salary increases average around 9.5%, with top performers receiving 12-18% increases. Different sectors vary, with IT averaging 5-8.5% and e-commerce/financial services offering higher increases.
Calculation Formula
Formula: New Salary = Current Salary × (1 + Hike Percentage ÷ 100)
Calculation: ₹500000 × (1 + 10% ÷ 100) = ₹0
Method: Calculate new salary from current salary and hike percentage
Step-by-Step Guide
How to calculate the percentage of hike in salary?
Calculate percentage hike in salary or find your new salary after a hike using our salary percentage hike calculator in 4 simple steps:
Select Calculation Method
Choose between 'Find New Salary by Hike Percentage' (calculate new salary from current salary and percentage increase) or 'Find Hike Percentage by Salary' (calculate percentage increase from current and new salary amounts).
Enter Current Salary
Input your current salary amount. This is your existing salary before any hike or percentage increase.
Enter Additional Information
Depending on your selected method, enter either your new salary amount (to calculate hike percentage) or the hike percentage (to calculate new salary).
View Results and Analysis
Get instant results showing your salary hike percentage or new salary amount.
Automise your payroll. Start using PayrollRabbit today.
Instantly compliant. Highly accurate. On every hop.
Frequently asked questions
Visit our full FAQ page or get in touch with Frederic, Co-Founder of PayrollRabbit.
- A salary hike calculator is a free online tool that helps you calculate percentage hike in salary or determine your new salary after a percentage increase. Our salary percentage hike calculator supports two calculation methods: finding hike percentage from current and new salary amounts, or calculating new salary from current salary and hike percentage.
- Yes, our salary hike calculator is completely free to use. You can calculate percentage hike in salary or find your new salary for unlimited scenarios without any charges. Perfect for salary negotiations, performance reviews, and financial planning.
- To calculate percentage hike in salary, use the formula: Hike Percentage = ((New Salary - Current Salary) ÷ Current Salary) × 100. For example, if your current salary is ₹1,00,000 and new salary is ₹1,10,000, the hike percentage is ((1,10,000 - 1,00,000) ÷ 1,00,000) × 100 = 10%.
- To calculate your new salary from hike percentage, use the formula: New Salary = Current Salary × (1 + Hike Percentage ÷ 100). For example, if your current salary is ₹1,00,000 and you get a 15% hike, your new salary = 1,00,000 × (1 + 15 ÷ 100) = ₹1,15,000.
- A good salary hike percentage varies by industry and performance level. Based on recent compensation surveys, overall annual salary increases average 3.5-3.9% in 2024-2025. Merit-based increases for top performers typically range from 3-5%, while promotions usually involve larger salary adjustments. Our salary percentage hike calculator provides analysis to help you understand where your hike stands compared to industry standards.
- Yes, while our salary hike calculator displays results in Indian Rupees (₹), the percentage calculations work the same regardless of currency. You can input salary amounts in any currency and get accurate hike percentage results, as percentages are currency-independent.
What is a salary hike calculator?
Is the salary hike calculator free to use?
How to calculate the percentage of hike in salary?
How to calculate new salary from hike percentage?
What is a good salary hike percentage?
Can I calculate hike percentage for different currencies?
Disclaimer: We have taken great care and gave our best effort to ensure the accuracy of the information provided by this Salary Hike Calculator. However, PayrollRabbit does not accept responsibility for any errors or omissions and makes no guarantees or warranties regarding the correctness of the results generated by this free tool. By using this tool, you agree not to hold PayrollRabbit liable for any consequences, issues, or damages arising from any inaccuracies in the results produced. We recommend double-checking all results and contact us if you have any questions, feedback or concerns.