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If you joined the firm before March. You can expect to get your hike letter in Dec. The hike will be taking into consideration the MAL (months at level in the firm) so will be the bonus. So anywhere between 4-7% is what you can I expect I feel. This may change.. and purely depends on the team and the budget allocated to your consellor for hike/promotion s
Yes. Mid years however are only for promotion cases that were held back for review or pushed to next cycle. The others don't get a hike. For all the others mid year review is just a cycle for you to assess where will you land in year end and take corrective actions