I have a offer from IBM with all fixed pay. They said bonus is 10% but is not mentioned as part of ctc. Does Ibm give variable pay / bonus yearly and if yes what's the percentage.?IBM

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That bonus is called GDP+PA. It is not a part of your CTC. Purely a bonus.

The amount can vary, can be anything between 0 to 6-7% generally, depending on your Business Unit, your project budget, your own performance and company profit for that year.

The average payout is 4-5% for most people. But since it is a bonus, you cannot expect the full amount anytime.

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It will not be mentioned in offer letter, will be paid as part of something called as GDP and PA every year in March salary

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3%

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Will it be mentioned in offer Letter

It will be mentioned in a separate clause in your offer letter.

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