11 Aug 2020
HashedIn by Deloitte Response
5yThank you for sharing the review and mentioning a few cons.
-- Appraisal happens on both fixed and variable. The fixed component determines the variable component and an increase in fixed component automatically increases the variable component.
- The variable component is on and above the fixed component and the total CTC/year approx is 14 months of the salary i.e 12 months of a fixed component and approximately 2 months of salary paid as a variable bonus. And it's not just on papers, we do pay it half-yearly. So it’s not true that a major part of the salary is a variable component.
- CEO’s mail was to communicate that we had few involuntary exits as part of performance management. It was needed to ensure transparency which is a key focus of our organization and we strive to be as open and honest with our staff to share important information at the right times. Sorry to say that it is misrepresented in your review.
It will be great if you can share your experience of work stress, the behaviour of the manager at hr@hashedin.com so that we can address them.