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Hi Fisher,
I am working in TCS with total year of experience as 3.8 Yrs. I am having an offer of 14 + 1 LPA ( joining bonus ) from prod based company in Mumbai. I got selected in CTS. Can CTS provide me 20 LPA with this experience. ??
Please do reply.
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My confusion is, if an employee performs better compared to peer and gets same salary hike, how would you expect them to perform in future. Merely for the bonus?
You can debate whether the formula is right. But it looks like that is the expectation of the leadership. The Bonus or variable pay range does increase as you move up levels.
What is the rough range of bonus at SA, M , SM & D level?
It varies each year but as a general trend, bonus %s are higher at the same tier and increase with increase in levels.
If (for eg:)
SA - Tier 2 is 7%
SA - Tier 1 is 12%
Then
M - Tier 2 is 10%
M - Tier 1 is 15%
These are just random figures - but this is a general trend.
Insightful. What would be the base pay range for SM in advisory..
SM range for advisory (MC/SC) starts from 50.
For TC it will be around 40
Are 2023 hires eligible for hikes
Not if you've joined post Jan-23