Salary Hike Calculator
How to Calculate Salary Hike Percentage
Calculating your salary hike percentage is straightforward. Use this formula:
Hike % = ((New Salary - Current Salary) / Current Salary) × 100
For example, if your current salary is ₹50,000 and your new salary is ₹55,000, the hike is: ((55,000 - 50,000) / 50,000) × 100 = 10%.
What is a Good Salary Hike?
A typical annual salary hike ranges between 5% to 15% depending on the industry, company performance, and individual contribution:
- 3-5%: Cost-of-living adjustment
- 5-10%: Performance-based increment
- 10-15%: Above-average performance or promotion
- 15-30%: Role change, promotion, or job switch
- 30%+: Switching companies or industries
Tips for Salary Negotiation
- Research market rates for your role and experience level before negotiating
- Document your achievements and quantify your contributions to the company
- Consider the complete package — benefits, bonuses, stock options, and work flexibility
- Time your ask — annual reviews, after completing a major project, or when taking on new responsibilities
- Practice your pitch and be prepared with data to support your request