Hi guys, i have a current CTC of fixed 30L and I got a variable ~8L (32%). I heard that Bofa doesn't give bonus so what is the ideal one can quote the HR and should look reasonable?
PS - I heard that Bofa gives an average hike of 10% whereas in consulting I have always received hike > 20 or above.
Given this and markets I was hoping for ~50L (considering 30+8)? Any suggestions. Also they are in an urgent requirement for the role to be filled. I need suggestions on this number. Thanks in advance

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Interesting....I had the same issues as BofA doesn't give a bonus. But they do give a relatively better hike compared to other banks. I think settling down for anything upward of 45 lpa should be a good deal.

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If you are joining at Band 5 level then you are eligible for bonus as well

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What is your domain and work ex ?

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