Ericsson HRs are telling that they give almost double of varible pay every year. E.g if in ctc they have mentioned 12.5% as VP, they are saying you will get almost 20-25%. Is it true? Also, what is job stage 7 or 8 like at Ericsson? Ericsson Ericsson

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Don’t know about double Variable pay, but they pay 120-180% of the variable most of the time.
Job stage: 7/8 is like a Software Engineer. Employee benefits are dependent on these.

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Job stage 7/8 is manager or senior manager role. VP is good.

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