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Also, other Good firms do not cap bonuses and it can go way above what is being offered.
Also, what is "even more" here?
What also appears not βdecentβ is that the firm announced, barely 2β3 days before the scheduled payout , that loyalty bonus payments and appraisals would be deferred till June, citing geopolitical uncertainty and delayed client payments, with an assurance of βbetter appraisals later.β Subsequent firm-wide appraisals, however, are reportedly well below market standards.
Further, the firm is now declining to pay loyalty bonuses for the completed past period on the rationale that loyalty bonuses are payable only to employees who will continue in the future. This is despite the firm having explicitly communicated that the loyalty bonus would be payable to employees completing 1.5 years as of March 31, 2026.
The bonus was neither paid on March 31, 2026 nor communicated as deferred until less than a week prior to the due date, and is now being denied altogether to employees exiting in the current quarter. This raises questions on whether such a reversal of an assured, time-bound payout βsounds decentβ.