Enter your current and new CTC to see your hike percentage, and how much of that hike actually lands as extra in-hand salary each month.
In-hand figures use the new tax regime and standard 12% employer/employee PF and 4.81% gratuity assumptions.
The headline hike percentage tells only part of the story. Because employer PF and gratuity provisioning scale with your basic pay, and because a jump in gross salary can push part of your income into a higher tax slab, the percentage increase in your monthly in-hand salary is usually a few points lower than the CTC hike percentage. That's why we show both side by side.
Enter your current and new CTC along with your basic pay percentage. The tool runs both figures through the same CTC to in-hand logic under the new tax regime, then compares the two results to show you the CTC increase, the extra rupees that actually reach your bank account each month, and the overall hike percentage.
Annual increments for employees staying in the same company typically run 8 to 12%, factoring in performance and company appraisal cycles. Job switch hikes are usually higher, commonly in the 20 to 40% range, because companies pay a premium to attract talent already employed elsewhere. This varies a lot by industry, seniority and how in-demand your specific skill set is.
Annual increments typically run 8 to 12%; job switch hikes are commonly 20 to 40%, varying by industry and role.
A CTC hike also raises employer PF and gratuity proportionally, and may push you into a higher tax slab, so in-hand rises by a smaller percentage than CTC.
Always confirm what the quoted hike percentage is based on. A CTC based hike looks bigger than the same rupee increase on fixed or gross pay.