What is a standard salary hike percentage?
In India, typical appraisal hikes range between 8% and 12%, while switching companies often fetches between 20% and 40% depending on market demand and skillset.
Salary Hike Calculator
Appraisal ToolDetermine the percentage increase of your salary appraisal or calculate the exact salary you should negotiate for a new offer.
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Hike Parameters
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Enter salary figures to compute increments.
What is a Salary Hike Calculator?
A Salary Hike Calculator is an online planning tool that determines the percentage change and gross increase in your compensation. It helps job switchers evaluating new offers or employees preparing for annual performance appraisals calculate exact incremental gains and new salary structures.
How to Compute Salary Increments
Input your current salary and either your new salary (to find the percentage hike) or your target hike percentage (to find your expected new salary). The calculator instantly displays the absolute amount gained per month and per year, alongside percentage metrics.
FAQ
How is salary hike percentage calculated?
The formula is: Hike Percentage = ((New Salary - Current Salary) / Current Salary) * 100.