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Posting as :
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You are currently posting as works at

Looks like they are going to give peanuts in September and observe how employees reacting. If more resignation follows then maybe they will revise the % in November based on further discussion with particular employee. and if people don't react then anyways a win situation for them.

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Yes even I am expecting the same...

Not it’s not like that the final number will be communicated to you in the Aug month itself only the execution will happen in the split manner . The same approach was followed last year as well.

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Last year it didn't happen like this

This is not new at Globant. For the last few years, split increments were part of only few cases, mostly the globers with high % hike. Like last year, a glober received 15% increment in the month of May and additional 5% in the month of Oct.

However, this year split increment is applicable for all the globers.

In split increment, the complete increments will be communicated at one go and even your appraisal letter will have the final salary components in it. It’s just that the salary changes will be done in two phases, one in Sep and another in Nov.

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He might have got promoted that's why got 2 times

We haven’t received any mail. Have your received any mail or just a communication from your PM??

Check Mail Now

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When did they announce this?

Good to hear that 🙂

You Guys will be receiving Mail by EOD. As A lead we Get this mail early.

What exactly they are saying, can you please explain.
What is the meaning lf this - Means half will be in sept and half will be in nov?

It will be split like this.
Suppose you have a CTC of 10LPA and management decides to give you a 10% increment. So your total increment is 1 Lac.
Now this amount will be splitting.
First 50k you will get in Sept and remaining 50k in nov.

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I have already resigned

No , they are not trying

Both the numbers will get communicated together...

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