5 ms·
Some bonuses actually are contractually guaranteed. They might be variable by performance, but every company I've worked for with a bonus plan has guaranteed so
by the_watcher 7y ago
Some bonuses actually are contractually guaranteed. They might be variable by performance, but every company I've worked for with a bonus plan has guaranteed some bonus outside of the absolute worst performance (in which case you should be looking for a new job long before this becomes an issue)
- vvanders 7y agoHah, may I point you to the fact that MiB writers still haven't been paid royalties[1] because the movie was never "profitable"? [1] https://twitter.com/ed_solomon/status/1139031900931198976 https://twitter.com/ed_solomon/status/1139031900931198976
- the_watcher 7y agoNot really sure how pointing out that Hollywood accounting exists relates at all to my noting that some bonuses are contractually guaranteed. Such as mine, which guarantees an X-Y% of base salary bonus based on my performance.
- vvanders 7y agoYes, but was the language for your performance gone over by your own lawyer? Is there a clause for when an upstream team decides to stonewall the work you've involved with? What happens when your boss transfers and the new person you report to doesn't have any history to go on? This stuff happens all the time, although mostly at the business level. Zeroing it out is a great way to make sure you aren't in financial position where you're taking a risk on things you don't 100% control.