Trending @Infosys; How is the variable pay calculated here ? It's based on Performance?

It’s a criss Cross of your JL, your Rating, Your unit performance and company performance . While company performance is constant for everyone the other 3 can cause relative changes to the variable pay provided. There is one last factor called DM so region where he can increase variable pay for some folks at cost of others. But that will have minimal impact

On basis of rating

No it based on job level