The Hike Calculator helps you quickly calculate your salary hike in two ways:
This tool is especially useful for professionals reviewing job offers or yearly appraisals, helping you understand your compensation changes instantly.
A salary hike is an increase in your current salary, usually given as a percentage raise or a fixed amount after performance reviews or promotions.
To calculate salary hike percentage, use the formula:
Hike % = [(New Salary - Old Salary) / Old Salary] × 100
For example, if your old salary is ₹50,000 and new salary is ₹55,000, the hike percentage is [(55,000 - 50,000) / 50,000] × 100 = 10%.
Knowing the hike percentage helps you understand how much your salary has increased relative to your previous pay, aiding in financial planning and salary negotiations.
Yes, the calculator can handle negative hikes, showing a decrease in percentage if your new salary is less than your old salary.
The calculator works with numeric values regardless of currency; just ensure that the same currency is used for both old and new salaries.
Absolutely, you can input expected hike percentages or salaries to estimate your future income.
It is a tool that helps you calculate the percentage increase in your salary or determine your new salary based on a hike percentage.
Yes, our calculator allows you to either calculate the hike percentage from old and new salary or determine the new salary based on a given hike percentage.
Yes, this tool is completely free and does not require any sign-up or registration.
Yes, you can use either monthly or annual salary — just be consistent with the unit for both inputs.
Yes, if your new salary is less than your old one, the calculator will show a negative hike percentage indicating a salary decrease.