As an ECD for a few years, are bonuses (tiny) meant to replace raises? Haven’t had a raise in 3 years. Have had 2 small bonuses of maybe .4%

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Posting as :
works at
You are currently posting as works at

Er, aren’t you the boss? Ask…yourself?

funny

Yes, because of financial reporting. Raises look less bad on cashflow than a raise which would potentially put you higher in the brackets and create a lot more paperwork. In some cases this results in you making more money than a raise.

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Bonuses*

I"ve found that most things that apply to the lower levels (regular raises) don't apply to us. Which sucks, IMO.

Maybe at the holding company agencies, but at the indie/smaller ones not so much

But aren’t you already the pinnacle? $400k+?

No I’m not at the pinnacle and I’m not complaining. Just curious what other officers in agencies got in terms of comp.

in my holco, at least, there are salary breakpoints for different raise cycles. below a certain amount is every 12 months, the next is 18, next is 2 years, next is 4 years.

i know my ecd is at the 4 year mark. i think i'm just at the 2 year.

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