Hey guys, got an offer from Lowe's. Tech stack is Java Full Stack. They are offer 17L as fixed and eligible for variable component. Can some one please shed some light on this variable pay and Annual hikes here. Thanks in advance.

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The variable component is 10% of your total ctc. This component is based on companies performance and is usally between 80-110% . As for the annual hikes i have heard it is between 10-12%

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+1 I also want to know

How many year's of experience

3.5

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Additional Posts in Lowe's India

Lowe's I am selected in Lowe's India as an Associate Software Engineer, I am currently serving my notice periodin current organisation. Shall I consider joining lowe's india, considering current layoff and recession going on in market?

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How is Salary Hike in Lowe's? How much percentage can we expect?

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What's the salary range for Sr Data Engineer and Lead Data Engineer at Lowe's India?

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How much can Lowe's India offer for Senior Software Engineer role:
YOE : 5.7
Tech Stack: Java backend

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What is the average increment range in Lowe's India?

I'm working as a senior software engineer in Lowe's and getting 20Lpa as fixed salary and 10% of that as yearly bonus.
Is this too low?
YOE: 10

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How Is Lowe's India for a fresher?

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Hi,

How is work life balance, annual hike, job security and overall work culture at Lowe's? Is it a product or service based company?

what would be Product Manger salary range in Lowe's ?

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How much a senior analyst make on average in Lowe’s in business services areas ?

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