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Probably somewhere between the lottery tickets and 5%. Both the individual performance and "hitting the numbers" scenarios are extremely subjective, and allow
by mcknz 16y ago
Probably somewhere between the lottery tickets and 5%. Both the individual performance and "hitting the numbers" scenarios are extremely subjective, and allow the company to justify cuts pretty much whenever they want. Bonuses make the offer sound better, and it's much easier for the company to say they are "cutting bonuses" rather than "cutting pay," which really amounts to the same thing. I would try to get as much in salary as possible, even if that means the total package is less.
- eru 16y agoThat makes sense, if you plan to stick around. If you are job-hopping anyway, as some people are, you can just add the bonus to the salary.
- mcknz 16y agoUnless, on the day you start, the company announces that all bonuses will be reduced 75% until the company "makes its numbers." You don't have to be at a place long term to get screwed. A fair question to ask when negotiating would be what % of the bonuses are currently paid, and when was the last bonus cut. Might give some indication of the reliability.