Reduced pay of all Employees - Data Engineer Lingaro Employee Review

During the time of joining, it was told that the variable pay would be 10%. Firstly, they delayed the disbursement of variable pay of employees by months, then only paid 5-6%. Now, they have brought in a policy and reduced variable pay of all employees from 10 to 5%. And we are not even sure if we will be paid 100% of that variable pay. In short, instead of increase in CTC, we got reduction. Also, there is no process of annual salary appraisals, it is done only on manager's recommendation. If your manager does not feel you eligible for salary hike even for 2 years, you will not get anything.