Hi, new joinee here. Officially, I am eligible for this year’s merit cycle, since I joined in early June and cutoff for new hires is mid July. From experience, can any Qcom people let me know what is the expected hike I might get this time? Is it a possibility I might not get a hike at all since I joined just 4-5 months before the review process? HR gave this reason as to not negotiate my offer that you will get a hike in the cycle.

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In general, for new hire, if they joined within eligibility date, the percentage of hike use to be 3%-6% as per my previous experience at Qualcomm but again, it depends upon the budget within the team

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Thanks

++ joined in July 1st week . Have the same doubt 😅

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I think HR might have got a brownie point because of this non-bargaining😀..I think all these reasons are ok but whatever salary u have in ur mind u should bargain and get it before joining. After joining no one knows what will happen

Hike might be less b/w 4-8% but u might get some good RSU allotted for the designation , in my case for 4-5 months for Engineer designation got around 10k USD 3 years back .

I will be joining in September. Can I expect some annual bonus and hike or not? And when is the hike cylce and when do you get that annual bonus?

Can I expect any stocks granted even if I join in September?

I was offered senior lead engineer. 34lpa base, 35k rsu, 5l joining bonus, 5l retention bonus. What are your figures?

July 11 is the cut off date

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