How to Use the Pay Raise Calculator
Enter your current salary (annual or monthly). Choose raise type: percentage or fixed amount. Optionally enter inflation rate to see real purchasing power gain.
Pay Raise Calculator Formula
New Salary = Current × (1 + Raise%/100); Real Raise = Raise% − Inflation%Example Calculation
₹10 lakh annual salary, 15% raise, 6% inflation:
New = 10L × 1.15 = ₹11.5L; Monthly increase = ₹12,500; Real raise = 15−6 = 9%
New annual salary ₹11.5 lakh; real purchasing power gain 9%
Frequently Asked Questions
What is a good pay raise in India?
Average salary increment in India is 8–10% annually. Anything above 15% is considered excellent. A raise below inflation (~6%) actually means a real pay cut in purchasing power.