Increment Formula:
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The salary increment percentage measures how much your salary has increased compared to your previous salary. It's a key metric used in India to evaluate salary growth during appraisals or job changes.
The calculator uses the increment percentage formula:
Where:
Explanation: The formula calculates the relative increase as a percentage of the original salary amount.
Details: Calculating increment percentage helps employees evaluate job offers, negotiate salaries, and understand their career growth in financial terms.
Tips: Enter both salary amounts in Indian Rupees (₹). The old salary should be your previous salary, and the new salary should be your current or offered salary.
Q1: What is a good salary increment percentage in India?
A: Typically, 10-15% is considered standard during annual appraisals, while 20-30% or more is common when changing jobs.
Q2: Should I consider CTC or take-home for increment calculation?
A: For accurate comparison, use the same basis (either CTC or take-home) for both old and new salary figures.
Q3: How does this differ from salary hike?
A: They're essentially the same - both refer to the percentage increase in your salary from previous to current.
Q4: What if my new salary is lower than old?
A: The calculator will show a negative percentage, indicating a salary decrease.
Q5: Does this account for inflation?
A: No, this calculates nominal increase. For real increase, you'd need to adjust for inflation separately.