Salary Hike / Increment Calculator
Calculate your new salary after appraisal, increment, or promotion. Find monthly and annual salary increase instantly.
What Is a Salary Hike?
A salary hike (also called increment or appraisal increase) is an increase in an employeeโs salary, usually awarded annually based on performance, company growth, or promotion.
How Salary Increment Is Calculated
Salary increment can be calculated either as a percentage increase or a fixed amount added to the existing monthly salary.
Salary Hike Formula
- Percentage Hike: Current Salary ร Hike % รท 100
- Fixed Hike: Current Salary + Fixed Amount
Why Use a Salary Hike Calculator?
- โ Understand post-appraisal salary
- โ Compare job offers
- โ Plan expenses and savings
- โ Estimate annual income growth
Who Can Use This Calculator?
This calculator is useful for salaried employees, job switchers, HR professionals, and anyone planning finances after an appraisal.