Received an offer from Blend and was wondering what their performance cycle is. How often do they do reviews and raises? What % of salary increase have they done in the past? Any insights would be greatly appreciated.
interested in knowing this as well
We do currently do quarterly comp adjustments, including raises and promotions. We don’t do formal performance reviews that often though, has been at around once per year. Raises really depend on your perf, ive seen 5-10% typically when u do get an adjustment, but you won’t get adjusted every quarter
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