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You need to finish a year to get appraisal. Maybe u will get hike in next cycle
Performance review happens both in the Jan and July cycle but you will get a hike or promotion in your full cycle which is once a year. So, it depends when you actually joined the organisation.
If you joined before july 1st i think you will be eligible for hike but prorata
Ok... What's the avg appraisal % ??