Hi fishes does Increment happens on Total CTC or Annual Base Part and how much increment Mercer provides annually to there employees.

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I have an offer from Mercer to join as module lead with 12.5 fix CTC and annual incentive plan which is not clearly mentioned in offer letter. My joining date is 31st October so as per company policy anyone joining after 1st oct won't be eligible for appraisal cycle nor for annual incentive plan..which makes my package 12.5 lacs for next one and a half year.
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