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Got the letter.
The most hilarious mail from today's mail explosion:

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You can expect default VPB of 8-10% minimum
Search for "VPB" in the offer letter
Did you join EY GDS bro?
VBP is bonus. Paid on yearly basis
From the bonus perceptive. EY pays the best bonus in market.
In my letter, it was mentioned as 5% but i've got a decent percentage of vpb