Hi EY GDS friends
Is Variable pay bonus 5 % mentioned in my offer is different from the yearly hike i can expect from from EY

Is bonus mentioned is same as hike in EY

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Yes, it is different from the yearly hike you'll receive.
Hike depends on multiple factors like your performance, competency performance, and many more.

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Every org have a variable pay part, which in this case is mentioned as 5%. This is an indicative range. Factors include performance of both org and individual.

Yearly hike will not be mentioned in offer letter. May be you can equire with HR to get an understanding of usual hike percentage.

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