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Hello everyone!
Can anyone please explain the promotion process followed here and specially at LCCI? If there's any minimum criteria like X no of years in a particular level, etc. followed while checking eligibility of an employee?
And also - what's the hike/increment range usually at the time of promotion?
Eli Lilly and Company.
Any leads would be highly helpful.
Thank you!
Hi Fishes,
Please help me with In hand salary
TIA

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When will the Hike letters be out ?
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Pro
Pro-rate basis
Thnks for confirming.
Pro
What do you expect, bonus for the past 5 years as well. Of course, it will be for the number of months you have worked
Bonus will be pro rated
Thanks for confirming.
Also can you help me in understanding how they will add me into client structure if I am in notice period? As NP is 3 months and these 3 months I will be with client what if I don’t work?
What will be pro rate basis
Depends on the level. The base rating is the one in the offer letter and prorated..So, there is no confusion. If your base is say 10%, 10%xFixedx6.5/12. This assumes oh joined in mid December
That's sad my letter only said 5% bonus as a staff. So the above percentage on it is decided by the management. And why are we taking 6.5 months. Jan to august is 8 months right?
Bonus is paid for the FY. Here FY considers July to June as one complete year, so please don't consider it from Calendar year like January to December. For 3 rating, you might expect the bonus to be somewhere between 8-10% and that will be prorated to the number of months you were in service in the prior FY.
Percent. X. Number of months in service/12 ?