How to Use This Calculator
- Enter Current CTC: Your current annual cost-to-company
- Enter In-Hand Salary: Your monthly take-home pay
- Enter Hike Percentage: The offered or expected hike
Formula Used
New Monthly In-Hand = Current In-Hand × (1 + Hike%) - Tax Adjustments
Estimates post-tax monthly income increase based on percentage hike and tax slab.
Key Insights
- Job Switch Hikes: Switching jobs usually yields higher hikes (15-30%)
- Inflation Impact: Inflation eats into nominal hikes
- Focus on In-Hand: Focus on in-hand increments, not just CTC
- Upskilling: Upskilling is the best lever for hikes