How to use the Salary Hike Calculator
Fill in the fields on the left. Results, charts and the breakdown update instantly as you type or move a slider. Pick your country at the top of the page to switch currency.
Formula
New salary = current × (1 + hike %)
Hike % = (new ÷ current − 1) × 100
Frequently asked questions
What is a good salary hike?
Average annual raises are around 3–5% in the US and UK and 8–10% in India; switching jobs often brings 20–40%.
Results are estimates for information only and are not financial, tax or legal advice. Tax rules, interest rates and fees change, so confirm important numbers with your bank, employer or a qualified adviser. Read our disclaimer.