Salary Hike Calculator

Input Fields

• Select calculation mode: Find New Salary by Hike Percentage or Find Hike Percentage by Salary
• Enter your current salary amount
• Enter hike percentage or new salary depending on the mode
• The calculator will automatically calculate the results

Calculations

• Hike Percentage Formula: Hike Percentage = (New Salary - Current Salary) / Current Salary × 100
• New Salary Formula: New Salary = Current Salary × (1 + Hike Percentage / 100)
• Salary Increase: Salary Increase = New Salary - Current Salary

Tips for Accurate Results

• Enter annual salary amounts for accurate calculations
• Use the same currency for both current and new salary
• Consider all components of your salary package
• Use the quick hike buttons for common percentages
• Compare different hike scenarios for better planning

Salary Hike Formula

The salary hike percentage is calculated by finding the difference between new and current salary, dividing by the current salary, and multiplying by 100 to get the percentage increase.

Hike Interpretation

Salary hikes are categorized based on percentage increase: 0% (No Hike), 1-5% (Low Hike), 5-10% (Moderate Hike), 10-20% (Good Hike), 20-30% (Excellent Hike), and 30%+ (Exceptional Hike).

Why Salary Hike Calculator is Important

A Salary Hike Calculator helps employees and employers understand the impact of salary adjustments. It provides clarity for salary negotiations, performance reviews, and financial planning by quantifying the percentage increase and its monetary value.