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Appraisal varies according to business unit you get into. For Investment Banking, Asset And Wealth Management, Commercial Banking, and Consumer Banking it is good. Good candidates even get up to 20% hike. For Corporate Technology the average is lower. 10-15% for high visible teams, and 5-10% for lower impact and visibility projects.
Avg bonuses can hover around 1.5-2.5 for Associates in CT.
They are higher, 2-4 lakhs, in revenue units for Associates.
NB: think of Associates as being equivalent to any of (Software Developer, Senior Software Developer). Associates range from 4 years experience to 15-16 years of experience.
Thank you for your valuable information. I've been given the Software Engineer title with CIB unit. Can I expect the bonus in the range of 2-4 Lakhs? YOE-2.7