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Salary Increment Percentage Calculator India

Increment Formula:

\[ \text{Increment %} = \left( \frac{\text{New Salary} - \text{Old Salary}}{\text{Old Salary}} \right) \times 100 \]

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1. What is Salary Increment Percentage?

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.

2. How Does the Calculator Work?

The calculator uses the increment percentage formula:

\[ \text{Increment %} = \left( \frac{\text{New Salary} - \text{Old Salary}}{\text{Old Salary}} \right) \times 100 \]

Where:

Explanation: The formula calculates the relative increase as a percentage of the original salary amount.

3. Importance of Salary Increment Calculation

Details: Calculating increment percentage helps employees evaluate job offers, negotiate salaries, and understand their career growth in financial terms.

4. Using the Calculator

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.

5. Frequently Asked Questions (FAQ)

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.

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