Walmart HR lowballing 10%

Walmart HR has shared that she can offer just 10% increment on top of the current fixed component, citing my YOE (6 years) is less for Sr. Position, and the interview was also a mid feedback from Hiring Manager, not too great, not too bad.

Should I accept? When would be my next annual appraisal time line if I join in Jan2025? And how much of the variable comp could I expect, roughly.

10% increment in fixed feels too low. Was expecting something around 30%-40% increment in fixed.

Or should I compare my current fixed with the overall offered Fixed+Variable+RSUs.