Salary hike formulas
New salary = Current salary × (1 + Hike % ÷ 100)
Hike % = (New salary − Current salary) ÷ Current salary × 100
A 12% hike on a CTC of ₹10,00,000 gives ₹11,20,000, which is ₹10,000 more per month before tax.
Frequently asked questions
What is a good salary hike in India?
Average annual increments in India are usually 8–10%. A job switch often brings 20–40%, and promotions typically add 10–20% on top of the regular hike.
Does a hike on CTC raise my in-hand salary by the same %?
Not exactly. Part of CTC goes to PF, gratuity and tax, and higher income can move you into a higher tax slab. Use the Salary Calculator to see the in-hand amount.