Salary Hike Calculator
A salary hike calculator shows your new salary after a percentage increase. Enter your current salary and the hike percentage to see your new salary, the increase amount, and a multi-year projection if the same hike repeats each year.
Assumes the same hike each year, compounded.
At a glance
How the salary hike calculator works
- 1 Enter your current monthly salary.
- 2 Enter the hike percentage you are offered or expecting.
- 3 Set how many years to project if the same hike repeats annually.
- 4 The calculator shows your new salary, the increase and a compounded multi-year projection.
Increase = Current salary × Hike%. New salary = Current + Increase. Projected salary = Current × (1 + Hike%) ^ Years (compounded annually).
Frequently asked questions
How do you calculate a salary hike percentage?
New salary = current salary × (1 + hike% ÷ 100). For example, a 12% hike on 40,000 gives 40,000 × 1.12 = 44,800. To find the percentage from two figures: (new − old) ÷ old × 100.
What is a good annual salary hike?
It depends on region, role and inflation, but typical annual increments fall around 8–12% in many markets, with high performers and in-demand skills earning more. Promotions usually carry larger jumps.
How does compounding affect salary over years?
Because each year's hike is applied to the already-increased salary, growth compounds. A 12% hike every year roughly doubles salary in about six years — the projection field shows the compounded final figure.
Is the hike calculated on Basic or total salary?
It depends on the offer. Hikes are often quoted on CTC (total) but applied component-wise. Use your relevant figure — enter total for an overall view or Basic if your hike is applied only to Basic.