How is the Variable payout in HCL?. They have offered me 15% Variable, which has 10% performance bonus to be paid annually and 5% engagement bonus to be paid monthly. As per HR there will not be any deduction in engagement bonus if I am in the billable role. Please tell if it is true. Also how much can I expect in performance bonus part of 10%?
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Additional Posts in HCL Offer Letter
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Engagement bonus you will get every month & variable pay depends on performance rating which you will get after 1.6 years
Thank you...but I didn't understand the 1.6 years. I am joining on Dec 15th 2022. So you mean i will be receiving performance bonus in June/July 2024?
You will get most probably in April/May month