Hi everyone!

I'd like to know about the hike scenario for lateral hires in their first year. I heard it'd be pro-rated, but any insights on the range/ratings?

Appreciate any inputs on this situation!

Thanks!

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Its default rating. 2. While hiring HR says, you will be eligible for this year’s appraisal. But it will be 2-3% hike. So don’t trust HRs while hiring. Keep this in mind and ask joining hike accordingly.

like

Thanks for your reply! I'll keep this in mind.

Also, is it pretty standard for all lateral hires? Irrespective of the number of months they worked before the appraisal?

like

What does lateral hires means? Sorry new joinee so asking

It's just that the candidate is experienced and it's not their first company.

like

That’s not true. If you’re performing really well, you’ll get better rating and hikes. I got 4 star and 28% hike for the first year.

This is incorrect information. You must have had almost a full year before AR to have gotten a 4 rating. If someone joins in June or July they will almost always get the default rating of 2, because August is the cycle cutoff.

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