Quote:
Originally Posted by Unregistered
I'm not in HR but just speaking fr my experience, last drawn basic salary will be considered but variable bonus usually not, because each company has its own way of calculating bonus and evaluating performance. But if you do meet a generous employer, it is possible that they may pay you a slightly higher basic salary to "compensate" you if your last drawn annual package is higher than what they offer. My 2 cents.
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From my opinion, I think when Mr A jump ship from company X to company Y, His new annual salary in Y should at least match his annual salary when he was in X or even higher. Normally I would request for a 20% increment of annual salary upon jumping ship.
We should see the annual total package which inclusive of (12mths basic pay + AWS + bonus + stock option if any + annual leaves)
I don't believe in just solely increment on the basic salary only, it is not a good deal.
Eg
Mr A, basic salary = $2800/mth, Bonus = 9 mths inclusive AWS, >>Annual salary = 2800 x 21 = 58800
Mr B, basic salary = $3700/mth, Bonus = 3.9 mths inclusive AWS, >>Annual salary = 3700 x 15.9 = 58830
Note that both Mr A & Mr B earn about the same annual salary of about $58800.
But when both request for 20% increment on their basic salary when jumping ship, Mr A will be at a disadvantage due to his lower basic. Mr A $2800>>$3360, Mr B $3700>>$4440
It would be fairer to both if we only consider their annual salary for the 20% increment,
Mr A $58800>>$70560
Mr B $58830>>$70596
Other case take Mr A as eg,
Basic = 2800
Annual = 58800
he jump ship to another company that ofter him 30% increment in his basic salary = $3640
But his company only pay him AWS + 2 mth bonus = annual = 15 x 3640 = 54600
Means that, even he got a 30% increment to his basic salary, he still earn $4200 lesser in term of his annual salary. Judge for yourself is this good?
That why I insist only consider the annual package for increment, where you really increase your pay for the whole year!!!