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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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.

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

+1

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