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Average is 10% …what HR said is correct
Hike is independent of bonus and mostly single digits like 3-4%
Chief
Which tech stack ?
You mean in the offer letter variable pay mentioned is x
they give highest 30% of x?
Rising Star
Depending on rating. Averagely rated = x, better rated = 2x , best rated = 3x.
Here x is 10% of your fixed salary
No no. Variable is usually calculated over fixed so the variable is 10-30% of fixed wanted to understand the average payout?
May I know for senior 3 , what is the fixed they are offering?