Question 1

How is a salary hike percentage calculated?

Accepted Answer

Hike % = (New Salary − Old Salary) ÷ Old Salary × 100. For example, going from $50,000 to $55,000 is a 10% raise.

Question 2

Is a 10% annual raise good?

Accepted Answer

A 10% raise is well above the global average (3–5%). Promotions, job changes and high-demand skills typically command larger hikes.

Question 3

Does this calculator include bonuses or tax?

Accepted Answer

No. This shows gross base-salary change only. Bonuses, stock options, and tax effects are not included.

Question 4

How do I compute my new monthly take-home?

Accepted Answer

Divide the new annual salary by 12 for the gross monthly figure. Net take-home depends on your tax bracket and deductions — use the Income Tax Calculator for that.