What the bonus% and hike% I can expect. I joined in April 2022.

I have heard bonus is 10% of your ctc.
Is this irrespective of your CTC and there is no capping.

Like if X person salary is 40lacs he will get 10% 4 lacs as bonus
Like if X person salary is 15 lacs he will get 10% 1.5 lacs as bonus

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Bonus is based on your grade.... Higher the grade the better the bonus....
It's more than 10% in most of the cases.
Hikes are performance based....not only your performance but overall teams performance....as well as the performance of the business....if your rating is avg and you never had any compliance issue and you are really good to your manager you can expect 10-15% hike

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Yes.....in most of the cases....at least for me it was....

Ohh my god...what if we are not on great terms with manager...anyways he is not going to give me great rating, but m expecting an avg rating. What can I expect as bonus/ hike?

It depends on the manager.... whatever he wishes to give.....if you get an avg rating, the bonus will be up to 10% and the hike will be between 7-10%.....may go a bit on the upper side depending upon how good /bad you are with the manager as well as the over all team performance!

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