How the hike is calculated
New CTC = Current CTC × (1 + Hike% ÷ 100). Divide by 12 for the monthly figure.
Tips for your appraisal
- Compare your new CTC with market rates for your role and city.
- A hike below inflation (around 4–6%) means your real income went down.
- Check how much of the increase is fixed pay and how much is variable.