Is 1 time lumpsum payout applicable to all who receive a hike in this june cycle ?? Any TL/PL can confirm

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Yes except for promotion or 0% hike

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That 1 time lumpsum will come in June or May salary?

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June

Is that Lumpsum is variable pay...
Will we get the same amount in Dec as well ?

Lump sum is one time payout just for this cycle and is different from variable component that we usually get

Who are eligible for lumpsum amount? And what is one time pay in this may payslip?

All are eligible, except the promotes and ones without any hike.

Yes, that's what has happened. Talent leads didn't have to update the hike and lump sum separately. It was updated as a hike and then split into two halves automatically - one half hike and the other as one time lump sum. What you see on the rewards portal now is after the split, so if you see 3% hike then it means talent leads had given you 6%.

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Anyone who has received VP , will also get lumpsum? Why they have added this component? This lumpsum is not a part of base pay.? Can anyone explain why this is marked differently from VP and hike ?

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Hi Fishes,

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Which bank account is better for salary account?

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Hi fishes,

Comment your total hike, VP , ctc current, level, designation, tech stack you have received as per Nov 22.

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