Unregistered |
17-11-2023 11:15 PM |
Quote:
Originally Posted by Unregistered
(Post 260681)
I joined before cut off so I still had my reviews. Although my manager did say I would get the same as my batch. Do you know if I will get more since I joined earlier (mar compared to the rest who joined in July), two colleagues gave me opposite answers so idk which is true. I hope the nominal increment is better than last year although feels like fat hope. But percentage wise last year batch did get quite a good increase imo if annualised.
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Short answer no. In GS ops, everything is by batches. First year for your batch = standard increment & bonus. Completely no advantage for joining earlier than the rest of your batch - you promote the same time, receive the same increment, etc. Only bonus is pro-rated to reflect your time in the role.
Average increment is <5% and bonus is typically 1 month. The reason you hear very contrasting numbers is because of the different years / batches. Some batches had their salary revised so that they do not earn lesser than the fresh graduates. Imagine if you are 2 YOE in the bank but drawing lower than a fresh graduate...
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