Bonus Pay Percentage for Non Sales?
Hello all. First time writing here. I am considering a new job opportunity and have an offer on the table. Below are the details:
- Age: 26
- Sector: Banking
- Department: IT
- Total Package: USD 100k Year 1, USD 115k Year 2, Year3+ who knows.
Distribution:
- 10k in Benefits (e.g. Vehicle, Gas, Maintenance, Gym, etc). This is cash that is not payed to me directly but rather reimbursed for those specific purchases.
- 50k Base Pay.
- 40k Performance Bonuses.
I am satisfied with the yearly compensation, it is the high weight of the performance bonus that seems odd to me. I would expect that from either a sales position, or eventually a very very high executive level.
The advice I'm seeking is the following: For those in Banking Sector or in IT, is this standard? If not, then what is realistic to negotiate this package?
Appreciate the comments beforehand.
Thanks!
Posted Dec 16, 2021, 10:42 PM UTC