Do ECDs get bonuses for winning pitches?

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

You bet! Some get to rub a magic lamp and make three wishes, but in one of those wishes, they have to screw over a senior copywriter who asks too many questions… I’ve said too much!

likefunny

Dammit, I’m cooked

Coffee is for closers

likefunny

Eh. I did once. In general, no. The way pitches are now, there are too many slides from too many departments to reward one specific person for winning now. Oh and way less money to be had in general.

likehelpful

Depends on the contract but generally it’s based on annual revenue. So indirectly yeah.

like

No they don’t. Never ever heard of that

like

Yes. 5-10%

like

Depends on your contract, but yes

like

In my experience, as both ECD and CCO at several agencies, the bonus is never that direct. People are rewarded based on perceived value to the agency. If you are credited with a win, that increases your value. If you have tight relationships with clients, that increases your value. If you pull in awards, contribute to growth, get good press, etc., that increases your value.

I’ve never received a check for any specific success.

like

What if the pitch has no creative thinking in it? No spec work

I’ve never heard of this- definitely CEO’s do. The ones that don’t do any of the work.

You know this from your vast industry experience as a...checks notes...Account Executive?

like

Nope

It’s more common to get bonuses tied to overall revenue than a bonus for a specific pitch. But C-Suite bonuses are on the decline.

Related Posts

When can we change projects? Is there a time limit or it can go on for years?

like

For people with Non-technical backgrounds who are now Product managers in the Tech industry, what kind of resources did you use to prep for your interviews? I've had people recommend brushing up on cracking the PM code but there's SO MUCH information out there and it's hard to figure out if I'm looking at the right thing or not. Please share resources that helped you get into PM roles (bonus points if you work at companies like Amazon and Google).

like

What do you find frustrating in job search? And what platforms do you usually use to find jobs? Doing a research on that :)

like

Hi Accenture people,
I have interview in Accenture today for Program/Project Management practitioner.
Any tips about Accenture interview process ??
It will be highly appreciated.

like

Any other 2020 grads out there? How are you handling the job search without passing the bar or having any idea when it will be held? My plan was to pass the bar, then get a job so now I’m just in limbo.

like

Anyone starting at Deloitte Jan 11?!

funnylike

Any other first year associates feel like their firms don’t really appreciate how much COVID/WFH has stunted their development? I’ve been working at a biglaw firm for 5 months and don’t feel at all like a part of the team, and am extremely stressed out by the isolation of WFH most days. I’m not really sure that anyone at the firm realizes this is happening.

likesmart

Really hoping to avoid judgment on this post. Has anyone had to sign up for government or state assistance after becoming unemployed? Was the process difficult? I have a young son who's at home with me all day right now and I'm looking for a job that I can work from home, but in the meantime we need to eat and I need to pay my rent. Thanks for any advice.

like

How do PE exits look like for emerging market funds in Middle East (e.g Abraaj group type firms)

Has anyone here used a professional resume service? Would recommend again or not worth it?

like

If an otherwise good interview the interviewer says: “I think you have great experience that will help you wherever you go”. Should I be reading into this?

like

Any pointers on which practice areas at BCG Dubai has most clients in Dubai/remote work? Planning to join BCG Dubai soon and because of some personal issues, I just cannot travel outside Dubai. Will it be possible at BCG Dubai?

like

Any ideas of things to do with the family for Thanksgiving?

like

Need your to unlock DM
Pls like my post

like

Dm or comment for referral in CitiusTech

Post Photo

one of my favorites, my go-to japanese whiskey in the states

Post Photo
like

Weekly Hot take. While I am enjoying subscription based game libraries. They will be the death of quality game releases.

like

Why is drinking and getting drunk the “fun” traits but staying home to chill is “boring”? I must be in the wrong era 🥺

like

Is american express odc in phase 3 pune?

Additional Posts in Advertising

Have any creatives experienced the "favorite team" thing? Where all the work miraculously goes to them? Brief after brief. Time after time.

like

This shouldn’t be news to people but it is.

Post Photo
likeupliftingsmart

Do you guys touch type? How long did it take you to learn? lol

like

I read a lot of posts here about difficult bosses, difficult clients, difficult partners, terrible briefs and terrible agencies. All that might be true. But it’s getting old. What I’d be interested in hearing about are the stories of how people have overcome the challenges. How did you sell that big idea? How did you fix a relationship? The world is not going to get easier. So maybe we can help each other get better at dealing with it. Who had a win recently? How did you do it?

likeupliftingfunnysmart

LA folks, how do you meet people in this city? Just moved here and have some friends but am eager to meet more. Any tips?

like

Places in NYC hiring sr creative teams?

like

Have layoffs been finished for the year or are more coming?

like

Is Slidequest worth it? Please help!!!!

like

I’m looking to make the move to London — what are good smaller shops there? Any recommendations for how to take the plunge into shifting from the states to there? How to get an in into networking etc

like

Is Verizon universally a client with no work life balance?

like

My controversial opinion of the day is that organic social is worth fuckall for the majority of brands (including the trendy lifestyle ones) and that influencers are just propping up vanity metrics.

likesmart

Besides salary, how to pick between job offers?

like

I'm extremely happy working at Havas, so it pains to me say what the leadership has done is both embarrassing and demoralizing. (cont.)…

likeupliftingsmarthelpful

What do you do when a team member was added to your team at a senior associate level but hasn’t been up to the role in the last month? He is not my direct report nor did I interview him (very frustrating). I don’t have time to train them up especially because their baseline is very low i.e not knowing how to calculate cost per click.. help

like

Any tips for securing freelance work with US agencies when you live abroad? My work is pretty solitary and I could fly in for workshops or a major presentation.

like

I posted in the NYC advertising bowl & didn’t get any bites which was discerning - putting something together for international women’s day and looking for the most prominent/well known/powerful women in our industry. Agency, post production, production - can be anywhere in the US! Please give me SOMETHING!? I know there’s plenty out there. I just want to hear what the masses think. TIA

like

Thank you all for existing on Fishbowl and for being such a supportive community. It’s been a difficult year, but at the end of the day, I’m glad to have people to commiserate/celebrate with ❤️🙂❤️

like

Hiii genz here lol, when is it too early to talk about a raise? I’m planning on bringing up the idea to my boss when I hit a year working with them is that a reasonable time? Also im thinking of asking for 15% increase bc I know he’s gonna negotiate to like 8% (which is fine bc I tbh want 5%) :) anyways any help/insight is amazing !! And if you need me to provide more details I can! (I do fulfillment/project management in im making 40k)

like

Seeking advice as a junior level employee in strategy land — what are your thoughts on where the agency landscape is headed now? Should I stick with it in the coming years? Should I jump ship and seek comms/brand work elsewhere?

Any and all thoughts appreciated!

like

It’s so nice that every agency laying off people, have those left standing (and other agencies) trying to hustle jobs for their unemployed friends, but there are also a ton of people who were unemployed prior to Covid...so no severance, job hunting lot longer, and not earning income for longer time...hurting even MORE due to quarantine.

likesmarthelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal