Got an email for CTC restructuring. updated letter is not shared yet, any idea what changes have been made to variable component?

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7 % variable pay and instead of half yearly payout, it will be monthly pay out going forward

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Please check the recent check in

So from July 31st.. variable pay would be decreased by some percentage and that percentage will be compensated for fixed.

Fixed : bonus ratio will increase..

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thank you, i am about to join Cisco in few weeks time. hence wanted to understand what specific changes this change brings in.

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Oh okay.. it's good if it's monthly payout.. can i know how this 7 percent arrived at ?

CTC restructuring email everyone should get who’s going to join Cisco? Or it’s only applicable to any grade ?

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