DancingCoconut
DancingCoconut

Hike!! a confusing tale !!

Last week there was a townhall meeting in my office . In that the CEO announced that company revenue jumped 2X and sets the expectations for the current year The hike will be low compared to the last year as the global situation is not doing well. Beauty is he throws out a promise that if company revenue grows 4x from this year then every one in the company will get an additional 10% hike on next year appraisal .

I joined this company recently. I don't know what they are up to in future . Is it a good deal???

18mo ago
Find out if you are being paid fairly.Download Grapevine
GigglyPotato
GigglyPotato
Slice18mo

Name of the company?

Discover more
Curated from across
Indian Startups

What’s a good annual % hike + bonus?

I’m wondering what is the case for your company and how transparent are the hikes? Do they tell you on what parameters will you get x% hike?

And same for bonus. If x is your bonus component, what % of it do you get annually?

3.3K
IT Company Discussion

Cognizant Hike & Trauma

I was really hoping for good hike. I worked really hard. With 4 Rating, i got only 4% hike. I have lot of financial issues and i waited for yearly hike. Its not even a year hike, it got delayed for 4 months. What should I do? If I had j...