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ZoomyPenguin
ZoomyPenguin
Stealth

Yubi

Any feedback on appraisals, hike, bonus & compensation revision from the last town hall?

23mo ago
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SleepyNugget
SleepyNugget
Yubi23mo

I am sure you know all CEO L1s had a 25% paycut

GigglySushi
GigglySushi
Stealth23mo

Also I had heard from somewhere that CMO is also considering leaving. Is that true?

ZoomyPenguin
ZoomyPenguin
Stealth23mo

CXO ?

SleepyNugget
SleepyNugget
Yubi23mo

Apparently next week it will be communicated - but i think that it will be bad

ZoomyPenguin
ZoomyPenguin
Stealth23mo

How bad do you think @DampTill66 ? Zero ?

GigglySushi
GigglySushi
Stealth23mo

He mentioned in the last townhall that appraisal will be 5%. And people with low compa ratio will be given priority. Given the fact that esops were also allocated recently, cash raise will not be that great.

SparklyRaccoon
SparklyRaccoon
Yubi23mo

Who defines low comp ratio ? They can pretty much say none of the employees has low comp ratio.

ZoomyPenguin
ZoomyPenguin
Stealth23mo

Mercer ?

SleepyNugget
SleepyNugget
Yubi23mo

Not sure, guessing ,but even promoted folks have not been communicated their numbers. I think lot of people may be excluded

GigglySushi
GigglySushi
Stealth22mo

Any latest news on this?

GigglySushi
GigglySushi
Stealth22mo

Mind telling how much % ?

SnoozyNugget
SnoozyNugget
Stealth22mo

Actually scammed!!

SparklyPancake
SparklyPancake
Stealth22mo

It is 0% for many folks and maximum goes upto 15% but only for very very few.

WobblyQuokka
WobblyQuokka
Yubi22mo

H

ZoomyPenguin
ZoomyPenguin
Stealth23mo

Mercer maybe ? @Ta7qy

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Misc
Misc12mo
by CosmicBiscuitPorter

Appraisal hikes

With the ongoing appraisal season what kind of hikes are you guys are anticipating / getting?