Hi,

Would anyone from EY help explain compensation part in offer letter?
For example in the offer letter the compensation shown is 150K ( paid annually in bi-weekly installment) is it inclusive of any variable pay or variable pay is in addition to this? like the performance bonus or any other programs?

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

How did you secure an offer like this without knowing the answer to this? That’s base only. Bonuses dont get paid bi-weekly.

like

This means you can expect around $3,300-$3,600 to hit your account every other Friday if contributing 15% of your gross pay to 401k (assuming in the US). If it does not mention anything about bonuses in your offer you should ask the recruiter about what’s typical. They won’t put a hard dollar or % amount in an offer letter.

likefunny

There are no stupid questions, only stupid answers. It’s base.

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Yes it's mentioned explicitly

What role is that offer for?

Hard to say based on idk your exact experience, group at EY etc, also not quite sure about their salary bands but I'd try for 160 at leaat (fresh MBA SC hires at D are 165, but the firm has invested in them etc.). Maybe ask for 170 and see qhere you land? I'd want 160 personally

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