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My company matches 3%. Is that low or on par?
Amex offer-Manager-Risk Management.
Base: 30.5 LPA CTC: 36.5 LPA Experience: 5.2 yrs College: Tier 1
Current Profile: Senior Data Scientist
Amex people thoughts on this offer, as I have recently(4 months back) joined a startup with Base(33) and CTC(35.5) but not enjoying the work here. Amex brand tag and culture is good.
Hence, considering the offer, does this offer look good or is there any scope of improvement? Amex American Express
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That’s pretty normal - bosses get x,y,z % that have to be rated in each category
Yes, very common. Especially professional services. It’s also called forced ranking, stack ranking, etc.
Ours is 70/20/10. 70-ish% “meets expectations”, up to 20% can “exceed expectations” (but never more than 20%), and 10% -12% have to get a “does not meet expectations”.
Yes, forced ranking. You can all meet or exceed your goals and someone will get a needs improvement or does not meet.
You can thank Jack Welch for this brilliance.