Quote:
Originally Posted by Unregistered
Sorry not a lawyer but surfing out of curiousity.
I keep seeing “frontload” being used. Does this mean their pay includes their bonuses already, and there is no other component? Is this common practice among law firms?
Just puzzled how law firms incentivize performance. I work in a FI and we get performance bonuses which means we do chiong abit.
So quoting a post below: this is all they get and no more? Strikes me as unusual.
“ A1 - 6.5
A2 - 7.4
A3 - 8.6
SA1 - 10
SA2 - 11.5
SA3 - 12.6”
|
got bonus and frontload bonus. they started this practice so firms only need to pay base salary when you put in your notice to quit, while inflating salary to attract talent.
hearsay before frontload, bonus was 3-6 months, but now with frontload, bonus only 1-3 months. anyone else who knows better and confirm/deny this.