Hi there
I've been offered a job which pays a basic salary which is less that I currently earn.
It does however have a substantial bonus element to the salary, I have been given the offer with this wording - I'm being a bit thick so can someone explain it to me . . .?
In addition to the salary of $XX there will be a Bonus/Incentive Structure paid after the end of 2014 financial year. The threshold for the bonus payment (ie the level of net income above which bonus is payable) is set at $YY, Note this is after deduction of all costs - internal and external (excluding your salary). A bonus will be paid equal to 50% of all net income above the threshold. This applies to all work delivered and invoiced from 1/7/13 to 30/6/14.
How does this sound to you? They have given a gross income budget and the figures they suggest look promising - but its a risk innit?
WWYD? Any questions I should be asking?
Thanks
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Been offered a job - unclear of bonus terms - any advice?
6 replies
CrystalDeCanter · 22/08/2013 08:36
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