More Posts
Hi Fishes,
I have received an offer from Mphasis for Charles Schwab account.
I have been promised onshore to US/ Canada within 6 months if joining.
Want to be sure if it's genuine or hiring gimmick?
Want to know more about WLB, WFH policies and hikes as well.
CTC: 16 LPA
Offer CTC: 18 LPA
YOE: 4.7 Years
Mphasis
Me just vibing everyday at work

Additional Posts in Shell India
Hi Fishes, Kindly help me with the below query- Where will I be able to declare NPS under 80CCD(1B) in HR online? I am not getting any suitable option for declaring it under 80/80C declarations. It would be highly helpful if you could help me with the exact option. Thanks in advance . Shell
New to Fishbowl?
unlock all discussions on Fishbowl.
Bonus will be prorated and hike depends on manager and pir. Hike will anyways be less than it would have been annual but not that less as prorated for 2 months. I have seen 2 months old folks getting 4-7% hike
Thank you for taking the pains to explain in such fine detail. Much appreciated!
Is 7% kind of the upper limit if one is at very bottom of the PIR band?
I guess I was not able to explain it properly. Let me try it again, I am saying for 2 months work i have seen people getting 4-7% hike. 7% hike for 2 months and if you prorate it to 12 months it comes out to be 42% hike. I have seen people getting 2% hike for 2-3 months work also.
Having said that the shell has a rating rating. 1,1.3 and 2.
For 1 rating if you get X% hike
for 1.3 rating 1.2X%
and for 2 rating 1.5-6X% hike
X varies year on year
These ratings influence bonus as well as your bonus is =Targeted bonus * your rating * company performance
Company performance varies from 0 to 1.5
In 2020-21 it was zero
In 2021-22 it was 1.5
This year it will be somewhere between 1.2-1.4
And for a hike last year i have seen one getting 23% hike on 2 rating (guy was in low pir range)
For 1 rating 14%(guy was in low pir)
For 2 rating 17% hike ( guy was in middle pir)
But generally on avg 1 rating hike is between 8-12%