GigglyNoodle
GigglyNoodle
10mo

Trending @Infosys; Doubts on Variable pay/Performance bonus

Hi folks,

I joined as a lateral in jan month, I have received only 62% PB for Jan-March quarter . In offer letter it is mentioned that I will be getting 50% of PB in first 6 months as a guarantee VP .How this works? Will I get 138% PB in aug month which includes the arrear VP

I am new to this VP/PB concept. Can anyone clarify on my doubts?

Appreciate all your responses

10mo ago
BouncyCoconut
BouncyCoconut

50% is the minimum assured percent for first 6 months. You got more than that. No arrear here.

GigglyNoodle
GigglyNoodle

I thought 50% of annual VP😅

GigglyNoodle
GigglyNoodle

So where the 38% will go will it get added in other quarters of annual year

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