Hey, trying to negotiate a package at a payments consulting firm. Can someone share what’s common in the Canadian market, joining bonus? Expectations of % annual bonus? Experienced hire from US.

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I'm with a smaller Canadian firm (came here 4 months ago as an experienced US hire from big 4 firm). I got a 5k sign on bonus, with an expected annual bonus of 10%

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You’ll find this answer will vary a lot depending on the company. Smaller, niche firms will probably not even offer a joining bonus, and a 10-25% bonus depending on what level you’re joining at. Large well-known corporates usually still don’t have a signing bonus (though you can negotiate that), and a 25-30% bonus structure (but those aren’t consulting firms). Big 4 has very low pay (like... 60-70% dollar for dollar of what it would be in the US), and likely also shitty annual bonus. MBB/Tier2 would have similar pay as US (ignoring exchange rate), and same bonuses (20-35%). All of the above is “experienced hire” but not leadership role (think 4 years exp/post-MBA).

All of that to not answer your question, but I hope it gives you some boundaries.

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