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Hi fellow fishies!
Can someone please explain what is “SUPPLEMENTARY allowance” in my payslip??? It is the highest in my entire payslip, more than basic salary. Basic is lets say ₹7 lac annually and supplementary bonus is ₹7 lac 40 thousand.
Can someone please explain why this exists in my paylslip, is it good or bad from tax perspective and shall I ask my HR to decrease it???
Please help asap.
Opus Consulting
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I’m at Milbank and finished the evening at 2764.9 and 53 hours of pro Bono. I got zero. So firm dependent.
What group at Milbank? I was thinking of interviewing there and holy crap is this a turnoff.
Discretionary bonuses are BS! I left a firm because that meant 0 bonuses.
Subject Expert
Discretionary means exactly that
I don’t think my post was clear - I’m at a V20 with market bonuses. I was wondering if there’s an hours threshold where firms typically provide discretionary bonuses above market.
I’m at an Am15 law firm. We get market bonuses at 1,900 and discretionary over 2,100.
Coach
OP - This is obviously very firm-dependent. If you don’t name the firm, no one could possibly tell you.
Usually when firms do “discretionary” vs tiers of bonus bumps, they factor in performance/quality in addition to billable hours.
I’ll tell you know, it’s BakerHostetler.
So when are you leaving BakerHostetler? lol
Haha folks I promise I’m not at Baker! Just curious if billing a ton can generally mean an above market bonuses