4 ms·
Idk about in tech, but often these types of bonuses are (1) highly targeted and (2) come with some sort of agreement to stay. E.g., there's a 5 person team res
by curiousllama 5y ago
Idk about in tech, but often these types of bonuses are (1) highly targeted and (2) come with some sort of agreement to stay.
E.g., there's a 5 person team responsible for a critical component. 4 of them leave in the space of 6 months. So management says to the last one "we'll give you $200k at the end of 12 months." That person then leaves in exactly 12 months and a day - which is fine, because they trained the new team on the critical component.
- gcampos 5y agoIn tech the usual way it works is “every year you stay, I give you 25% of the bonus” and because the bonus is in stock, it can actually increase over time. That is why I feel this bonus is not a good idea, $50k/year is not enough comp bump to hold someone in the Bay Area