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Sure, but to some degree bonuses are completely discretionary. A very bad year at some shops or on some desks could land you with a 0 bonus, although when that
by noitpmeder 3y ago
Sure, but to some degree bonuses are completely discretionary. A very bad year at some shops or on some desks could land you with a 0 bonus, although when that happens expect everyone to start looking for other jobs.
- adastra22 3y agoMust be nice to have a bonus. Never worked in a place that had one!
- noitpmeder 3y agoPros and cons? As you increase in seniority your bonus ranges can grow significantly faster than your base salary, so while some years might be great, others may not be. And then if you leave mid-way though a year you miss out on any "bonus" you would have received if you stayed the entire way.
- RHSeeger 3y agoBonuses come out of the money used to pay salaries. All things being the same, any company that pays bonuses will pay a lower base salary. That being said, if you're good at convincing people of your worth, you can come out with higher than the "base" bonus, so ahead of the curve. But you're also paying more in the way of risk (lower income of the company doesn't do well, or you can't convince people you were important).
- Breza 2y agoTotally agree. I worked at a company where everybody was always paid the full bonus target. We were acquired by a much larger company that was confused. Eventually after much persuasion they just folded the bonuses into our base salary.