Career Tools / Salary Hike Percentage Calculator

Salary Hike Percentage Calculator

Work out the percentage between two CTC figures, or run it the other way and project the CTC a target hike would give you.

Use annual CTC figures on both sides. Comparing a CTC against an in-hand number is the most common mistake here and it inflates the result badly.

Your salary hike percentage is the increase in CTC divided by your old CTC, multiplied by 100. A move from ₹8,50,000 to ₹11,00,000 is a hike of 29.41 per cent, not 25 per cent, because the increase is measured against what you were earning before, not against the new figure.

India Inc has budgeted average increments of roughly 9.1 per cent for 2026, so an appraisal hike is normally single digits, while a job change typically lands between 20 and 40 per cent.

How salary hike percentage is calculated

Hike % = ( ( New CTC − Old CTC ) ÷ Old CTC ) × 100 New CTC = Old CTC × ( 1 + Hike % ÷ 100 ) Increase = New CTC − Old CTC

Two things decide whether the number you get is meaningful:

  • Compare like with like. CTC against CTC, or in-hand against in-hand. A 30 per cent CTC hike does not produce a 30 per cent rise in take-home, because the tax on the increment is charged at your marginal rate, which for most people crossing ₹12 lakh is 15 or 20 per cent.
  • Separate the fixed and variable parts. If the new offer loads ₹2,00,000 into a performance bonus and the old one had none, the headline hike overstates what will actually reach your account each month. Compare fixed CTC first, then look at the variable separately.

Worked example

Switching companies, Hyderabad

Current CTC: ₹8,50,000  ·  Offered CTC: ₹11,00,000

Increase: ₹11,00,000 − ₹8,50,000 = ₹2,50,000

Hike: (₹2,50,000 ÷ ₹8,50,000) × 100 = 29.41 per cent

Monthly: CTC per month moves from ₹70,833 to ₹91,667, an increase of ₹20,833 before deductions. Run both figures through the CTC to in-hand calculator to see what actually lands in the account.

What counts as a good hike in India

The benchmark depends entirely on whether you are being appraised or being hired. These are the projected 2026 increment budgets by sector, from EY’s Future of Pay research.

Projected 2026 appraisal increments by sector
SectorProjected increment
Global Capability Centres10.4%
Financial servicesAround 10%
E-commerce9.9%
Lifesciences and pharma9.7%
India Inc average9.1%
Engineering, manufacturing, infrastructureBelow 9%
How to read your own number
Hike rangeUsually means
Below 5%Flat in real terms once inflation is accounted for. Common on a mid-band rating or in a cost-controlled year.
5–9%A standard appraisal outcome, slightly below the national average.
9–15%A strong appraisal rating, a promotion, or an internal correction toward market.
20–40%The typical band for changing employers, especially where the current package sits below market.
Above 40%A scarce-skill premium, a sector change, or a correction on a package that was badly under market.

Skill matters more than sector at the top end. AI, machine learning, cybersecurity and cloud capabilities currently carry pay premiums of 30 to 40 per cent, while commoditised roles sit closer to 6 to 8 per cent. If you are preparing for the conversation, the guide on negotiating your appraisal covers what to bring to it.

Frequently asked questions

How do I calculate my salary hike percentage?

Subtract your old CTC from your new CTC, divide the result by the old CTC, and multiply by 100. For example, moving from 8,50,000 to 11,00,000 gives an increase of 2,50,000, which divided by 8,50,000 and multiplied by 100 is a hike of 29.41 per cent.

Is the hike calculated on CTC or on in-hand salary?

Offers and appraisal letters in India are almost always expressed as a percentage of CTC. Your in-hand percentage increase will be lower, because the additional income is taxed at your marginal rate and employee EPF also rises with basic pay.

What is a good salary hike when changing jobs in India?

Between 20 and 40 per cent is the usual band for a company change. Below 20 per cent rarely justifies the risk of a new employer and a fresh probation period unless the role, location or learning is significantly better.

What is the average appraisal hike in India in 2026?

India Inc has budgeted average increments of about 9.1 per cent for 2026. Global Capability Centres are highest at around 10.4 per cent, while engineering, manufacturing and infrastructure sit below 9 per cent.

Should variable pay be included when calculating a hike?

Include it only if you compare it consistently on both sides, and check what percentage of the variable component was actually paid out last year. A hike that comes mostly from an increased bonus target is not the same as a hike in fixed pay.

How do I calculate the CTC I should ask for?

Switch the calculator to the second mode, enter your current CTC and the percentage you are targeting, and it returns the CTC figure. Asking for a number rather than a percentage tends to work better in a negotiation, because it moves the conversation to the package itself.

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