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I did too. My manager was not sure if it would be default rating which would mean 6-8% hike or I would get no appraisal at all. But I did got a Navigator thing to fill up stuff for appraisal cycle. So hopefully I’ll get the default rating
Yes, even I've filled that too, but one of my known has joined in October and she too got that performance one in navigator, so I'm a bit confused as she's not eligible for appraisal
When is the hike letter shared ? And from when its applicable? Also when do we receive bonus?
I think the variable amount in your offer letter appendeix is the minimum variable amount that you will recieve
Pro
If anyone has joined before 30th September, they are eligible for appraisal. Most probably in your case, you'll get a default 3,3 rating which means a hike of around 7%-8%.
Thanks
Mid year and year end performance review is something that happens for everyone. However their eligibility for the appraisal hike and bounce they should have joined before 30th September.
So the Navigator performance review helps in the rating system but they keep track of bi-yearly
It was a typo
Bonus**