Appraisal Calculator

Calculate your salary hike, new salary, and appraisal benefits

How to Use

Enter your current salary and appraisal percentage to calculate your new salary, hike amount, and monthly increments.

Current Annual Salary (₹)

₹ 10,00,000

Appraisal Percentage (%) 5-30%

15%

Bonus/Performance Bonus (%) Optional

Expected Tax Rate (%)

Appraisal Results Live Update

Current Salary

₹ 10,00,000

Appraisal Hike

₹ 1,50,000

New Salary

₹ 11,50,000

Hike Percentage

15%

Monthly Breakdown

Current Monthly

₹ 83,333

New Monthly

₹ 95,833

Monthly Increase

₹ 12,500

Daily Increase

₹ 411

Bonus Calculation

Bonus Amount

₹ 1,00,000

Total Package

₹ 12,50,000

Tax Deduction

₹ 1,87,500

Take Home

₹ 10,62,500

Understanding Appraisal Calculation

What is an Appraisal?

An appraisal (also known as performance review or salary hike) is a periodic evaluation of an employee's job performance and contributions to the organization. It typically results in a salary increase, bonus, or promotion.

How Appraisal is Calculated

Component	Calculation	Example (₹10L @ 15%)
Appraisal Amount	Current Salary × (Appraisal % ÷ 100)	₹10,00,000 × 15% = ₹1,50,000
New Annual Salary	Current Salary + Appraisal Amount	₹10,00,000 + ₹1,50,000 = ₹11,50,000
Monthly Increase	Appraisal Amount ÷ 12	₹1,50,000 ÷ 12 = ₹12,500
New Monthly Salary	Current Monthly + Monthly Increase	₹83,333 + ₹12,500 = ₹95,833
Bonus Amount	New Salary × (Bonus % ÷ 100)	₹11,50,000 × 10% = ₹1,15,000

                 Appraisal Tips
                Industry Standards: IT sector: 10-15%, Banking: 8-12%, Manufacturing: 6-10%
Negotiation: Always negotiate based on performance metrics and market standards
Timing: Best time to ask for appraisal is after completing major projects successfully
Documentation: Keep records of achievements, client feedback, and extra responsibilities
Tax Planning: Higher salary means higher tax bracket - plan investments accordingly

            