What’s the rationale for next salary increase to be at Jan 2024 for new APs? Don’t know about others but my salary increase has been minimal and doesn’t make sense that it won’t increase for a year and 4 months.

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As I understand it from my call with Sandra, salary for AP and P is driven more by market trends (evaluated yearly) and performance will influence # of points (which is re-evaluated Jan '24).

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Aren’t the newly awarded points effectively a salary increase for all of next year?

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No, the points are the bonus. We don't get year end bonuses anymore.

I understand your pain OP. This was my most demotivated year since my election last year as the election to AP didn’t really change anything and now new APs have more salary than me.

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Do the point increase over time? Are points equal to shares? How many shares P’s get? Do you surrender your points once you become P?

I'm pretty sure you got two sizable raises (regular and promotion) this year, so you don't get one next year. The AP promotion raise was much larger than other promo raises for me.

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Can some one please share the updated salary for newly elected India APs?

ZS3 Newly elected AP’s base is 60 + 25 points.

What I have understood is AP base will change only if market correction happens, otherwise it will remain same in Jan 2024. Points may increase depending on 2023 performance. Is that the correct understanding?

No. SF very clearly mentioned to me that base will also increase but the jump would be very minimal. The main increase would come from increase in points.

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