Hi fishes,

1)What is the Hike process in BNY Mellon?
2)When we expect Variable pay bonus to be paid and how much % BNY is paying on yearly basis?
3)What is the Financial cycle for BNY Mellon?

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Posting as :
works at
You are currently posting as works at

Performance rating is bell curve.
Bonus is paid feb month every year based on performance for previous financial year.
If you are in company for more than 6 months for year 2021. You will be paid bonus in feb 2022.
Bonus is typically ranges from 5% to 25% max.
Increments range from 6% to 20% max.
If you are promoted in any year then they will try to adjust yearly increment and promotion increment within 20 to 25% max.

likehelpful

Employee bonus is performance bonus and it depends on manager and company discretion.
If they want they can give.

+1

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