Has anyone reviewed mail from CEO about appraisal. How much this 30/70 strategy will effect?

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Calling this a appraisal or hike letter is generous - it reads more like a cleverly packaged pay cut.

The mail says -
After putting in two years of dedicated work without any appraisal, congratulations - you’ll finally get the “generous” 5% increment they always give.

Of course, 70% of that will be tucked away into variable pay (which may or may not ever fully reach you), leaving a solid 1.5% actual increase in fixed salary. And just to make it better, it’s effective from July instead of April - because why not scrape more from dedicated employees by delaying it a little more?

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Whatever amount you get in appraisal 70% of that will go to variable and 30% in fix pay and it will be effective from 1 july

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Mow much received?

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