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 employeeโ€™s 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?

  • โœ” Understand post-appraisal salary
  • โœ” Compare job offers
  • โœ” Plan expenses and savings
  • โœ” 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.

Related Calculators