Salary Hike Percentage Calculator
Calculate your salary hike percentage and amount. Enter your old and new salary. Get the percentage increase and monetary difference instantly. Informational only—consult a financial advisor.
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By Finance/Career Editor | Published: Oct 23, 2025 | Reviewed by: Finance/Career Editor
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Calculate Salary Hike
Quick Preset Scenarios
Currency
How it works
Percentage Hike = ((New Salary - Old Salary) / Old Salary) × 100. We calculate both the percentage increase and the absolute monetary difference between your old and new salary.
For the reverse calculation (Find New Salary), we use: Required New Salary = Old Salary × (1 + Target Hike Percentage / 100).
Inputs explained
- Old Salary
- Your salary before the hike or promotion.
- New Salary
- Your salary after the hike (for Calculate Hike mode).
- Target Hike %
- The desired percentage increase (for Find New Salary mode).
Example
Old Salary: $50,000, New Salary: $55,000
- Absolute Hike Amount: $5,000
- Percentage Hike: 10.00%
This represents a standard promotion-level salary increase.
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Tips & notes
- Inflation: A good salary hike is often considered to be above inflation (typically 3-4% annually in stable economies).
- Job Offers: Use this calculator to evaluate job offers or promotion packages.
- Total Compensation: Consider the total compensation package, including benefits, bonuses, and stock options.
- Industry Standards: Research industry-specific salary benchmarks for your role and experience level.
- Negotiation: Use percentage calculations to frame your salary negotiation discussions.
FAQs
((New Salary - Old Salary) / Old Salary) × 100.
It varies by industry and role, but 5-10% is common for annual raises. Promotions typically range from 10-20%.
It provides an accurate mathematical estimate. Actual salaries may vary based on taxes, benefits, and cost of living adjustments.
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A higher salary may push you into a higher tax bracket. Consult a tax professional to understand your net take-home pay after the increase.
Disclaimer
⚠️ Important: Informational estimate only. Does not account for taxes, benefits, or changes in cost of living. Consult a financial advisor for comprehensive advice.