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Increments are applicable from July 01 provided you were an employee on Dec 31 of the preceding year.
Annual hike anywhere between 6-20% depending upon BU, team, performance etc.
Does this mean Cycle is July to June ? as some companies provide increment 3 months after the cycle.. like Accenture
Performance evaluation Cycle is from Jan 1 to Dec 31. You are eligible for hike if you joined before oct 1.
The hikes and bonus will be communicated in March after the cycle. Bonus you will receive in April. Hike is applicable from July
What is average hike and bonus?
They will communicate your numbers by Apr 30 bit it is effective from Jul 01
so the cycle is April to March ? and hike is wef Jul 01