<p style="margin: 10px 0px 0px; padding: 0px; box-sizing: border-box; font-size: medium; line-height: 1.6; color: #4a5568; font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif;">A salary hike is an increase in your current salary, usually given as a percentage raise or a fixed amount after performance reviews or promotions.

To calculate salary hike percentage, use the formula:

Hike % = [(New Salary - Old Salary) / Old Salary] &times; 100

For example, if your old salary is ₹50,000 and new salary is ₹55,000, the hike percentage is [(55,000 - 50,000) / 50,000] &times; 100 = 10%.

<p style="margin: 10px 0px 0px; padding: 0px; box-sizing: border-box; font-size: medium; line-height: 1.6; color: #4a5568; font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif;">Asalary hike is an increase in your current salary, usually given as a percentage raise or a fixed amount after performance reviews or promotions.

That&rsquo;s a clear and helpful explanation! Understanding how to calculate your salary hike percentage is essential for tracking career growth. You can also use anonline salary calculator to quickly figure out your new pay and hike percentage without manual calculations.