Hi Fishes,
Does NatWest not mention variable component? During the discussion they mentioned just the fixed part and when asked about variable pay , was told it is yearly pay and depends on performance. There should be a percentage right ? Any help on this ?

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

NatWest dont have Variable pay Component .. They pay yearly bonus based on your performance rating such as below or 3 rating = No bonus

3+ rating = 7-9% of CTC
4 or 5 = 15-20% of CTC

of course it would be on top of your yearly CTC hike

Hope this will help !

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Thank you

Hi.. Even I have received offer letter from NATWEST - Mainframe. They will provide only Fixed pay. No variable pay. Based on yearly performance/rating, they will give appraisal.

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Tech : Mainframe
EOY:8 Years

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