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How variable pay paid in Infosys.
I'm joining Infy next month and in offer letter I see, 50% of variable pay is guaranteed in first 6 months of probation. Since I will not be eligible for coming year appraisal evaluation, does that mean I won't be getting more than 50% variable pay?
Please let me know what are the criteria in variable pay.
Also one more doubt, as I will not be eligible for hike this coming cycle, will I get a better hike in next cycle? Infosys
What would be the in-hand salary?
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Hi fishes,
got the offer from BNY Mellon | Pershing BNY Mellon Corporation Pune, India.
The offer letter mentions only fixed pay. HR told me that PF (employer), gratuity, and bonus (8%) are over and above fixed pay. But there is no mention of a bonus anywhere on offer. is this correct or am I getting tricked by HR? Help from current and ex BNYs is much appreciated.
I heard 15%, but it seems it depends on project.
Entry level member might be getting 15% but hard to digest post 5 yoe employee experience getting 15% hike 😃 . BNY employees can help in better way
I heard 5-10% annual hike. Not sure on bonus %
10% average