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Rising Star
Tier 1 rating bonus is upto 23%
I completely agree to your point. Moreover, completely separating year round performance with hikes is one shitty thing I don’t like in corporates. What’s the point in slogging so hard if you get 0% hike and given a blanket statement that you’re on higher side of band and you need to get promoted. But not everyone gets promoted is a known bitter truth and involves other factors.
Either the bands need to be stretched or they should allow growth as an IC monetarily without promotion as it happens in few Product companies.
What if the expected bonus for assurance with tie 1 rating as associate 2?
Tier 3
Bonus: 6
Hike: 12
Old & New CTC?
T2
H 5%
B 12.75%
Whats your Old vs New CTC?
Rising Star
Tier2
Hike: 8%
Bonus: 12%
Rising Star
32.4 to 35