Hi Fishes,
A month ago I got an offer from IBM for 6B band, the CTC is 8.5LPA and was informed on the variable pay, however, the percentage/amount wasn't informed - told it depends on the performance. It isn't mentioned on the Offer letter as well. This is my first switch, please help on the range of budget for the band and how to clarify on the variable pay. Also is it a good offer?
YOE:3.9

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There is not particular value mentioned for variable pay in offer letter. But below the compensation division there would be a mention of the two types of bonus variable pay I mentioned above. That's it.

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Noted, thanks much for clarifying.

Variable pay will be 6 to 12%, and for 6B they can easily offer upto 11LPA

Yes, I will be joining in Nov's last week. So, even with this CTC I won't be eligible for raise, right?

Variable pay are of two type personal performance based and project growth based. In both you can get a share of 5%-10% which mostly is in the hands of your manager. And it's usually in addition to your offered fixed amount.

But how can I know of the personal variable? It isn't mentioned in the offer letter as well? Do I contact HR? It's been a minth since I recieved the offer.

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