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Wow, so no more free lunches…what a joke
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Merit increase is usually only about 3%… don’t get too excited. Your bonus, regardless of level, is directly tied to your what/how ratings. The only extra perk at the director level is guaranteed equity.
What happens if you switch teams before the annual review? Which team manages the bonus process?
Your new team will handle the bonus. Your old manager might give their review but your new manager makes the final call %wise and bonus is based totally on your new role - not prorated.