Hi Fishes, any GCB5 in HSBC got hike in Mar 2021? Asking because I want to understand whether the situation of no hike was common for all GCB5 or I was cheated by management.

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It depends on when you joined the organisation. If you joined before 31st Oct 2020 you should have received the hike as well as the variable pay. Last year hike was 4%

Variable was 8% of ctc

It also depends on what was your rating

Strong rating both for 2019 and 2020

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In 2021 only GCB 6 got hike around 4% ....above that no one got the hike except for those got promoted that year with hike 2-4%

Kya hike raha is baar??

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To All Fishes,
A Small advice from my experience...
Don't join in Startup Small IT Companies where Company don't have Financial Strong...
Suddenly you will get a Call from HR n give notice to u as bcoz of budget issues we are Terminating Some people and you are one of them...

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