Quote:
Originally Posted by Unregistered
Good thing about front-loaded is if you decide you want to quit halfway, you already received some of your bonus. (every month your pay includes your front loaded bonus)
Bad thing about front-loaded is that your salary is not really as high as it is.
Eg: With the performance you made that year, the firm pays you 30k at end of financial year as a bonus. But the bonus you will actually receive from that "30k" is only 6k. because the "24k" has already been paid to you throughout the year in your monthly salary.
This means that on paper your salary is "high" and "competitive" but in actual fact it is low and dependent on you performing well. tldr: you are only getting 60-80% of the remuneration they offered when signing the employment contract.
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I feel like this is a circular argument. The same can be said for the firm to have paid your bonus despite you not hitting your billables/under your billables. But I guess emotionally / coming from the POV of how you might feel, your “base pay” is not that far off your admin staff counter parts.
Only real downside I can see is precisely that the front load portion being a “bonus”, the firm is at liberty to claw it back when you decide to leave.