Use this online free calculator to calculate your salary hike percentage and monthly Difference, here enter your Current/old salary and new salary.
Calculate Salary Increment by Percentage
How to Calculate Salary Hike using Percentage?
Here is how to calculate the salary increase percentage in rupees. Percentage Calculation formula is
(Change in Salary)/ (Current Salary) X 100 = percentage increase.
(New Salary - Current Salary)/ (Current Salary) X 100 = percentage increase.
Step 1: Multiply current salary with the percentage of increment.
Step 2: Divide the result by 100.
Step 3: Then add the result with Current salary.
If your Current Annual Salay is 4,50,000
and hike is 12%
New Salary = 450000 x 12/100 = 5,04,000