Performance Bonus

Really bad in this. Previously 4 ratings , now 5 ratings. Bell curve is mandatory and u have to identify the Threshold and Needs Improvement people too. You can't set any rating less than GP for onshore and they are part of a single bell curve with offshore. That is screw offshore where the company gets 70% margin than onshore where they get 10-25% margin. Note - 25% onshore margin for the people sent from offshore and not direct onshore hire.

Bonus is the amount taken away from alary and paid at the end of the year based on rating

There is a variable component in the CTC termed as performance bonus. Most of the time you end up getting less.

it is good, you will get it average 80%

max 10% hike per year

not much, everything depend upon manager and client

Ratings are compromised between senior mgmt and hike would be as big as you turn south.

Do not expect more than 80 % of your performance bonus.

Always 100% u will get. No dedication in that.