Hello, what is the maximum payout of the variable bonus? The offered package says it is 3 months of my salary but just wanted to know what is the usual hike and bonus?

Posting as :
works at
You are currently posting as works at

Don't get carried away with 3x variable mentioned in offer letter. Till last year, only x amount of variable used to be mentioned in letter. It is recent change to show it as 3x just to show inflated salary.

Unless u get top rating (which is very difficult) and are in career level 7/8, u are unlikely to get 3x. For 2 rating, u end up getting around 1.3x - 2x at max , that too depending on your base salary.

like

Maximum is 300%

like

Does SG revise offer after they release offer letter ? How much is hike every year ?

Generally on average how much do they pay from variable pay ? Variable pay - Is it 25% for all employees? Can I talk to the HR to reduce it ? Please help.

like

There is no benefit on negotiating with variable pay. Work on fixed CTC instead. There is no guarantee on how much VP one can get. I have seen folks getting as low as 5%

Even I have the same question...@societe generale @socgen

3x depends on rating if ur rated1-then 3x
Rated 2-2x
Rated3-x (x) being ur gross salary per month
Getting rated 1is really difficult

I am about to get an offer from societe generale. If my variable pay is 3 lakhs, for 1st rating will i get 3 lakhs and for 3rd rating just 1 lakh? Please help to understand this and how is the yearly hike and technology stack. I head Work life balance is really good.

Somwhere around der

Related Posts

What is the salary range for L62 Software Engineer in India?

like

Level 10.1 how much hike and vpay?

like

I cleared the interview of Tech Mahindra and got mail to submit the documents.

I have 6.7 years of experience in a niche technology. Current package is 14.5lpa.
My interview went good.

How much should i ask for ?
And, will i get the offer after i submit the documents?Tech Mahindra

Grant Thornton strives to be “middle of the road” as far as comp from what I’ve heard at recruiting events. True/false?

like

Can anyone please tell what will be the in-hand salary after all deduction hcl

Post Photo
like

Hi Fishes

Does EY GDS give 10% Variable and EY India give 20% variable?

like

How much does a first year tax senior make in the Silicon Valley area?

like

Anyone able to see the September month salary slip in the ADP portal. Any idea when it will be uploaded?

like

Hi,

What package can we expect for Salesforce Senior Solution Architect with 14+ years of experience in India?

like

Hi, how much can I ask ectc at Rakuten
Yoe 4.3
My cctc 6.3 lpa
Holding of 13lpa

like

Hi Fishes, What is the fixed ctc band for SC2 at EY GDS SC&O. Also, how are the levels tracked for progression for a given designation (SC2 to SC3).

Please respond if someone knows about it.
EY

like

Has anyone ever successful negotiated there salary with the federal government. I have tried twice and both times was cited a HR policy saying my specific circumstance did not allow negotiation. Just wondering if it’s even possible

like

Any clue how much Associates make working for the Brattle Group?

Hey fishes, what is the in hand salary in PWC India for 9lpa fixed salary?

like

Strategy Director, SF, 130k

like

I’m not too familiar with the NYC market, pls help. Interviewing for a senior copywriter role at a healthcare agency. Was told the avg salary for the role is 85-90. Seems low, right? If we get to an offer stage, what should I be shooting for? 6 years experience.

like

Got an offer from Comcast. Can anyone explain work culture, employee perks, variable pay settlement, job security, average hike percentage, learning scope in Comcast

Does Nagarro provide any hike at time of promotion?

like

Which bank account is better for salary account?

HDFC
Axis

like

More Posts

Hello hello!

Have been working in b2b marketing, with role focused on content, field(events) and account based marketing. 4+ years of exp overall and 3 years in marketing. Academic credentials are good, top btech and b school. The catch is that I quit recently. Just couldn't stand it and was unable to manage time to look for jobs. Will i be able to get a job? What all can i do? Any tips, advice for me? Even referral would help, hahaha.

What is the salary range for L62 Software Engineer in India?

like

What are some tips or recommendations on where to start to become a product manager? Much appreciated

like

I recently started with Firm A (AM Top 200), and Firm B (AM Top 50) reached out for an interview. Given the potential pay with Firm B is significant (I’d say life-changing), I scheduled the interview. Should I disclose Firm A during the interview or wait and only disclose if Firm B makes an offer? Between now and the interview, I will not have completed any significant work for Firm A.

like

Consultants, would you join the Fed is given the opportunity?

like
like

Level 10.1 how much hike and vpay?

like

If my lawyer sent a document with my signature on my behalf to the judge/investigator before I was ready for them to and didn’t notify me till several hours later when I asked when the final doc would go be ready for me to review, should I be upset? I was not copied or bcc’d on the email so I feel like this is unacceptable but not sure what lawyers usually do.

like

Can anyone help me with the best certificate courses on ESG reporting. I wish to shift my career to the ESG domain.

like

Hi fishes,

I'm appointed as a senior engineer (Front end developer), will bosch provide WFH option if we demand before joining itself ? or its mandatory to start work from home ?

like

I cleared the interview of Tech Mahindra and got mail to submit the documents.

I have 6.7 years of experience in a niche technology. Current package is 14.5lpa.
My interview went good.

How much should i ask for ?
And, will i get the offer after i submit the documents?Tech Mahindra

like

Grant Thornton strives to be “middle of the road” as far as comp from what I’ve heard at recruiting events. True/false?

like

Would love to hear thoughts on this one. Asking your firm to make sure the hotels at retreats stock quality 0.0 beer or other sober-curious-friendly options. Super progressive or super needy?

likesmart

How many matters is typical for one associate to handle (BL lit)? I know it is group-specific, but just trying to get a general idea. I’m a 2nd year and I am the only associate staffed on about 30 cases-meaning I keep track of all deadlines, do all day to day assignments, keep on top of following up with client/OC, and all research/drafting. Partners handle deps/court but that is about it. Is this a normal case load to be responsible for as a jr? I being dramatic by thinking this is too much?

like

Can anyone please tell what will be the in-hand salary after all deduction hcl

Post Photo
like
like

Hi Fishes

Does EY GDS give 10% Variable and EY India give 20% variable?

like

How much does a first year tax senior make in the Silicon Valley area?

like

Additional Posts in Societe Generale Global Solution Center

Hii fishes
I had applied for consultant role in Societe generale. The application status is under status "Under Consideration".If you could please help me out as there has been no update and it is going to be 1 month since I applied.

Hey all, I needed a referral for job posted by Societe General and have the job id handy. Would be great if someone could help me with the same

like

How guys, I have cleared SG Societe Generale Interview? How much CTC can I expect from SG? I'm holding an offer with a 10.7LPA +1Lakh joining bonus. Yoe-2yrs

Can someone from Societe Generale refer me

Im into investment banking and serving notice period last day is Dec 27th 2022

like

Hi SGians/Fishes...I have still 29 days remaining to join SG and got a better offer letter ...I am double sure about joining SG only....does SG re-negotiates after accepting the offer letter.??

What is the hierarchy in Soceite Generale?
What will be the position offered for 5 years work ex + MBA for BA role and the compensation?

Hi fishes, can anyone tell me about the designation hierarchy in societe general..and also want to make sure that is it permanent 2days/week wfh or they might call 100% employees to ofc in future?

Hi Fishes,

Could anyone please tell the avg year on year hike in Societe Generale GSC? Thank you.

like

Hi Anyone from SocGen,
I need urgent help please. Regards to my interview.thanks in advance.

like

Hello Guys,
Need suggestion!!
I have offer from ,
Relience Jio - 23 LPA fixed, 2.5 LPA variable and 1 LPA retention
Nagarro - 22.80 LPA fixed, 1.2 LPA variable, permanent WFH
Societe generale - 22 LPA fixed, 5 LPA variable

Please suggest which will be good to join in terms of wlb and job security.
YOE- 5
TECH - JAVA, SPRING BOOT

like

Hello all.. if we travel abroad for short time - 1 month, is there any Bond in Socgen? Please advise.

How long does the SocGen HR take to get back after documents submission?
Is there a possibility that they do not get back?

Hello Fishes ...
Please help me

I'm looking for a entry-level role in finance domain and I would appreciate your support.

Recent MBA-FINANCE graduate with a focus in Investment banking, Financial markets, Financial analysis and reporting

If anyone knows of a job opening where I would be a good fit, I'd appreciate if you could send them my way! Of course, if you have any suggestions for where to start my career, or anyone you'd recommend I speak to, I would be very grateful.

like

What % of hike Société Générale gives to its new recruits ? Anything in general!

Domain : Credit Risk, 7yoe

Please drop your thoughts/experience.

Thanks

Probation is extended in Socgen for 3 months, does it mean they will fire or it happens to many people?

Hello Société Générale folks,

Looking for some honest advice. Considering an offer with SocGen B’lore for Specialist Software Engineer position with 5.5 years exp and into Tech service management. Could you please tell me a bit about following points?

- I see 25% of the compensation(5Lakhs) is Variable. Does company even pay 60% of it at the end of the year if you perform say 4/5 rating?
- What is an average annual hike that the firm gives?
- How is the work culture? Societe Generale

What are the benefits if I join SG before October? Will I get default yearly hike?

And their cycle is jan to dec or some other months

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal