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I'm in TCIO FRDC, got Zero hikes with 18 months in this firm because of manager feedback who never worked with me and given GOO rating.
I was laughing in compensation discussion meeting on manager and told him that how you know what I have delivered or not, ask my lead what I have delivered.
Most of the people got 10% of hikes.
JP Morgan gives less hike
When I was there I got average 10 to 12 percent hike every year.
On promotion I got 16 percent
They should give 15 percent minimum