Has anyone ever had project bonuses included in an offer from a company? I have an offer for a strategy role at a PE back portco that includes <10% bonuses based on completed revenue generating or cost savings projects. How often do these actually get paid out?

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Discretionary variable comp is never included in offer letters. Only guaranteed pay.

If you read what OP has mentioned, I believe it’s referring to cost savings in projects and not just specific to one project. The wording in the original post on the first line leads to thinking it’s just one project but it’s multiple. And that’s not unusual - the performance pay is link to performance of projects in the group , business unit, personal performance and company’s performance. It’s a standard practice.

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