Could someone help me understand the hike cycle at PwC AC Bangalore? I joined as an A1 in June 2021. At ratings averaging to 4 in my snapshot,
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1. Snapshots are not solo factor to determine performance rating. And there is no direct relationship between snapshot rating to salary hike. That’s not how appraisals work.
Salary hike is dependent on firm performance, your specific group performance and market demand for your skill. National teams consider all these in determining the rate. Even last year hike you cannot take a reference because firm financial situation is different as of today vs 3 months down the line vs last year.
2. Salary hike will be effective from July 1
3. Same as #1. No one can say. Including your own partners, RL, HR at this point. Wait for 2 more months.
4. Sep 30th
5. It is likely that you would be promoted. Talk to your coach.