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FloatingQuokka
8moby
Query regarding Retention Bonus
I received revised compensation letter regarding retention pay restructuring. My only question is whether we will receive entire amount of retention bonus this july for 2024-25 period considering i joined in july 2023. Ideally we should get full retention bonus in July month salary and starting from Aug it should be on monthly basis. Am i right?
8mo ago

GigglyPickle
8mo
Yes you should get that amount and these changes will happen from aug 1. From last month this changes happened to those who joined on June also and they got retention amount of 24-25

FloatingQuokka
8mo
Ah!! Then i guess they are releasing revised compensation letters based on month of joining.

FloatingKoala
8mo
Will we receive the retention bonus as a lumpsum for the completion of 2024-25 year?
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