Toolsby Decyfy

Salary Hike Calculator

Turn a percentage hike into a real number, or work out the percentage an offer actually represents.

What do you know?

₹
%

New annual salary

₹6,72,000

An increase of ₹72,000 a year.

Current
₹6,00,000
Hike at 12.00%
₹72,000
New salary
₹6,72,000
Extra per month
₹6,000

How this is calculated

New = Current × (1 + Hike ÷ 100). Monthly figures are the annual difference ÷ 12, before tax and deductions.

What this tool does

Salary conversations happen in two currencies. Employers talk in percentages; the number that matters to you is rupees, and specifically rupees per month. This converts between them in both directions.

Give it a percentage and it returns the new salary and the monthly difference. Give it two salaries and it returns the percentage — useful when comparing offers that are quoted as figures rather than increments.

When you might need it

An appraisal percentage was announced
Working out what the number actually means in monthly terms.
Comparing a job offer
A new salary quoted as a figure, expressed as the hike it represents.
Preparing for a negotiation
Knowing what percentage a target figure needs before the conversation.
Comparing two offers
Putting both on the same percentage basis against your current package.

Common workplace uses

Appraisal season
Translating an announced percentage into a monthly figure.
Evaluating an offer
Seeing the real increase over your current package, not just the headline number.
Budgeting an increment cycle
For a manager, the cost of a proposed percentage across a team.
Planning a counter-offer
Working backwards from the figure you want to the percentage to ask for.

How to use it

  1. Choose what you know

    The hike percentage, or the new salary figure.

  2. Enter your current annual salary

    Use the same basis on both sides — gross annual is usual, but as long as it is consistent the percentage is right.

  3. Enter the percentage or the offer

    Whichever you selected.

  4. Read the monthly difference

    Shown alongside the annual figure, because that is the number that shows up in your account.

Practical tips

These are gross figures
The monthly increase shown is before tax and deductions. What reaches your account will be lower, and how much lower depends on your tax situation.
Compare like with like
A CTC figure including bonus, insurance and employer contributions is not the same as take-home. Put both offers on the same basis before comparing.
A percentage on a small base is a small amount
A 20% hike on a low salary can be less money than 8% on a high one. The rupee figure decides, not the percentage.
Look at the whole package
A lower percentage with better leave, insurance or flexibility may be worth more than a higher number. This tool only measures the salary line.
A negative result means a pay cut
If an offer is below your current salary the result is negative and labelled as such — sometimes worth accepting for other reasons, but worth seeing plainly.

Common questions

How do I calculate my salary after a hike?
Multiply your current salary by (1 + hike ÷ 100). A 12% hike on ₹600,000 gives ₹672,000. The first mode does this and also shows the monthly difference.
How do I work out the percentage between two salaries?
(New − Current) ÷ Current × 100. Going from ₹600,000 to ₹750,000 is a 25% hike. The second mode does this.
Is the monthly figure my take-home increase?
No. It is the gross annual increase divided by twelve, before income tax, provident fund and any other deductions. Your actual take-home increase will be lower.
Should I use CTC or take-home?
Either, as long as you use the same measure on both sides. Mixing a CTC figure with a take-home figure produces a percentage that describes nothing real.
Does it account for tax?
No. Tax depends on your regime, deductions and exemptions, which this tool does not ask for and should not guess at. It gives the gross change.
Is my salary information stored?
No. Everything is calculated in your browser as you type. Nothing is sent anywhere or saved.

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