What does prorated hike mean?
I received a prorated hike of 40% this month(Feb 2024). How do I calculate my actual hike?
My current base is 10 LPA
My joining date in infosys is on September 26, 2024. Will I be a part of the 2025 appraisal cycle or do I need to wait till 2026 for my next hike?
99% you won't be eligible. The appraisal cycle (traditionally) ends by June or July and hikes are given effective April 1st. We used to get arrears in July / August payroll.
This year they're mum about the possibility of there being an appraisal cycle, even.
Which location ?
if you have any other offer in hand think twice or maybe four times before joining Infosys
Here hikes won't make any difference. Last year I had good rating but got 5% hike and my teammates got 3%.
I received a prorated hike of 40% this month(Feb 2024). How do I calculate my actual hike?
My current base is 10 LPA