What is the Shared Success plan..How much is the average hike..

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Depends on your current band and package. Someone with higher package and 5 percent hike will have higher impact than someone with lower package and getting 10 percent hike so hike will not be uniform across.Hike also depends on the band. If you are nearing the bands max limit then even if they want they can’t give you higher hike percentage as you will then have to be moved to the next band which cannot happen without a promotion and promotions as you know are not very easy to get across any company.Shared success plan is a lump sum amount which you will get apart from hike and depends on the rating you got in the appraisal cycle.

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Appraisal cycle happens in May every year . 1st July your increment and bonus gets credited.

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