How to Calculate Salary Hike Percentage
Compensation & Raise Formula GuideHike Percentage Formula
A hike percentage calculator evaluates the percentage growth in your total annual or monthly compensation.
Hike % = ((New Salary - Previous Salary) ÷ Previous Salary) × 100
Example: Moving from $75,000 to $90,000 = ($15,000 ÷ $75,000) × 100 = 20.00% Salary Hike.
Inflation & Offer Evaluation
Comparing job offer hikes against annual inflation metrics ensures your real purchasing power increases after taxes and cost-of-living adjustments.
New Salary = Previous Salary + (Previous Salary × Hike % ÷ 100)
Example: A 15% hike on $80,000 base pay yields a new salary of $92,000 (+$12,000 raise).