Salary hike calculator

The real increase divides (1 + hike) by (1 + inflation), it never subtracts: a 10 % raise against 5 % inflation is 4.76 % real, not 5 %. Percentages are asymmetric too, which is why the result also shows the cut that would undo your raise. What this tool does not do: model tax slabs, bonuses, stock, or the raise you could have negotiated.