3 ms·
Well, ideally, your base salary is pretty low and your bonus is big. This is the model used in finance because the returns are very unpredictable and the standa
by mruts 8y ago
Well, ideally, your base salary is pretty low and your bonus is big. This is the model used in finance because the returns are very unpredictable and the standard deviation between the worst and best employees is very large. Bonuses also provide good incentives to employees.
But to answer your question, total comp should be around 5% of the money you book for the firm. So salary + bonus.