How is a salary hike percentage calculated?
Hike percentage is calculated as the increase in CTC divided by your current CTC, multiplied by 100 — (new CTC − current CTC) ÷ current CTC × 100. This is almost always measured on annual CTC, not on your monthly in-hand salary, so it's worth checking both.
Does a CTC hike mean the same % increase in-hand?
Not always. CTC often includes components like employer PF contribution, gratuity provision, and other benefits that don't directly add to your monthly take-home pay. A 10% CTC hike can translate to a smaller or larger % change in-hand depending on how the increase is structured — a hike loaded into variable pay or benefits moves your in-hand salary less than one added straight to your fixed monthly pay.
What's a good salary hike in India?
This varies a lot by role, industry, and whether it's an internal appraisal or a job-switch offer. Internal annual increments in India have typically ranged from around 8-12% in recent years, while switching companies often commands a larger jump, commonly 20-40%, to compensate for the risk and effort of moving. Use this calculator to check the actual percentage against what's being verbally offered before you decide.