Hi all, I am currently working in one of the top private banks of India and wanted to know how’s the appraisal and bonus payout is happening across the industry.

Welcome to Banking & Finance's Private Community

FY24 Appraisals in banking sector

Analyst

FY24 Appraisals in banking sector- Grapevine

What bonus % n what increment % for average performer for FY23-24?

How much is the appraisal expected in EY for current year?

Finance Consultant

Welcome to Office Gossip's Private Community

It is my first full time job as a Software Engineer (DevOps) in a Bangalore based startup in FinTech domain. How the appraisal process works and how I can be prepared to secure the best. Any insights would definitely help 🙏🏻

Appraisal

DevOps Engineer

Welcome to News Discussion's Private Community

News of jpmc doing layoffs after Morgan Stanley last week is out.
Wanted to know if any teams, departments or employees in India, Mumbai and Bangalore are affected?
If anyone has any info, please share.

Any updates about jpmc layoffs in India?

Equity Research

Welcome to Personal Finance's Private Community

Heard the market is back roaring again for some. We are so coming back.

Appraisal Season '24: What was your last salary and what is your current salary?

Product Manager

Hi All, 
I joined Deloitte in Nov,2023. During my joining i negotiated with the HR regarding the increment of my base pay as it was too less. HR gave me two options, 1. Either take a joining bonus of 50k with the same package, 2. Or be eligible for the next appraisal cycle i.e. april 2024. 

I wondered if my efforts in the project will be recognised or not by the end of april. So i choose to take the joining bonus with the same package. 

The HR has left the firm and i am not sure whom to ask and approach regarding the appraisal query. Will i still be ineligible for an appraisal of even 5-10% this year?

Deloitte appraisal season 2024

Software Engineer

Does the appraisal happen on the fixed salary or the ctc?

Welcome to Data Scientists's Private Community

How's the pay for analysts in banks like Citi, HSBC, IDFC etc? 

My "assumption" is they have a better work life balance compared to start-ups (I work in one - CTC being 28lpa - almost 4 YOE). 

Why am I asking? 
Looking at how things are going on at BLR, I'm planning to someday switch to company with work from home and  better work life balance.

Analytics' Pay in Banks

Data Analyst

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Does anyone have idea about how much infosys is giving appraisal % ?

Software Developer

What is the expected increment/variable pay this year across big4- Assurance dept.

Promotions/Appraisals - Big4s

Welcome to Software Engineers's Private Community

I’m a software engineer at a mid size company. I have 1y3mo of work ex. Appraisals are around the corner, and although the work is great, the pay not so much. I earn less than 10LPA. How much of a hike should I deserve in this market assuming I have done a good job.

Appraisal season

Welcome to Product Managers's Private Community

Hello folks, i have been thinking to pen down a post on this community for sometime now but seeing how GP is becoming a bad mix of quora & Twitter, i refrained myself from doing it but I do believe there are like minded folks in this community who can help me out there. 

I am a growth product manager in a bank within their digital banking team, have 6+ years of experience post MBA from SIBM Pune. I have worked with a traditional media company for first 3 years and with successful startups for the next 2, I am in my current role for the past 10 months now. My CTC is 35 lpa, (30 fixed, 5 variable )and 3 lac joining bonus. 

I was doing institutional sales for first 3 years, category management for next 2 and now heading growth for the digital banking app. 

I am feeling stuck in my professional journey right now, no specific reason but I think banking work culture is a bit boring for me. I am trying to figure out 'what Next' and have also taken up a course with growthx with the intend to learn something new, upskill myself and be relevant as times are progressing. 

I have always been fascinated with the idea of working with  company's like Google, Samsung, Stryker, Spotify where I can have flexibility, good pay but more than that a feel good factor of not having to prove myself everyday at work. 

I have given the last 6 years to work, I don't intend to be so involved going forward but very firm with the idea of corporate being my primary income 

I don't know if I am making any sense of the current situation but just wanted to share my mental state.

Trying to figure out 'What to do Next'

Senior Product Manager

Welcome to Business Roles's Private Community

Welcome to Indian Startups's Private Community

Are appraisals happening in startups this year ? What is the approx % of increment all of you have seen ?

Appraisals in 2024 ?

What are the general hike % at Jio and when are they given?

Appraisal/hikes at Jio

Data engineer

I just got a offer from one Indian Finance company for Pune location (I would have to relocate). They are giving 13.90 LPA, out of which 11 is fixed and 2.75 is performance pay. They have alternate Saturday working policy, WFO, strict office timings and lots of workload sometimes more than 9 hours of working.

What they have to offer is good appraisal cycle (> 10%), and a promotion in 18 months. 

Now my challenge is I joined a MNC X org in the second month of March with 12.55 LPA (10.5 is fixed and 1.26 is performance pay).

What they have to offer is Hybrid, chill environment, free lunch, good medical benefits, and WLB. What they don’t offer is good appraisal ( they have standard appraisal policy same for everyone around 4-7%) and promotion.

I’m confused on what to do!! 
I’m open to working on Saturday and with heavy workload, as the money is priority. But since I already joined company X and people here are so good. 

I’m looking for any suggestions or your personal experience. 

Note: I didn’t told to Indian finance company that I joined MNC X. And the profile is in Analytics one is BFSI and another one is HR.

I’m confused. Need help!!

I have been working for my current employer for over 2 years as PM. Most of the employees haven't received any formal appraisal over the years. The company is going through some of the financial stress till last Dec. But it seems things are getting back in order as no more salary delays at my level.

I have heard and confirmed that few have received salary hikes either due to retention or other ways.

Searching for a job over the past 1 year but unable to land any yet. Its getting difficult to manage financially living on rent in mumbai, committing everyday to office and all.

HOW COULD I CONVINCE CEO OR WHAT SHOULD I WRITE THEM TO PURSUE THIS. PLS HELPPPP....🥺

Appraisal Help🙏🏻

Associate Technical

How cool is year end bonus at MAANG, Or Banks like JPMC, BoFA, HSBC ? Percentage wise i think it is not more than 10% anywhere.

Bonuses at Banks

Project Manager

What does the usual appraisal cycle look like in Infosys
When do we get the appraisal mail and when does it actually reflect in our salary
Experienced folks, please share your experiences

FY24 Appraisals in banking sector

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