5 ms·
Yes, but how do you value a bonus, if you don't know how much it is, or whether you'll get it? A salary of 50K is a salary of 50K, you get 50K over a year. Ho
by frobozz 16y ago
Yes, but how do you value a bonus, if you don't know how much it is, or whether you'll get it?
A salary of 50K is a salary of 50K, you get 50K over a year.
How does that compare to a salary of 45K + bonus? Is it more, less, or the same?
- bbarthel 16y agoMy basic formula runs like this - when I'm negotiating, I cite my previous salary as everything I earned - salary + all bonuses plus any other perks I can cite. When I'm comparing, I use only money I'm guaranteed: salary plus any guaranteed or performance bonuses I am confident I can hit (with targets in writing as part of my job agreement). Bonuses that are based on nomination or any other "approval" type process are really just too risky for me to consider as part of my overall compensation package. They will only factor if all else is basically equal.