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Just like at PEPI or HIG or any service line ;
bill rate (~$750 ph for SA) x hours x capture rate (0.2 to 0.3) = total compensation
Capture rate is based on your performance score, and for SA ranges from 0.2 lowest to 0.3 highest
So assuming bill rate = $750 , hours = 2000 , cr = 0.25 your total compensation is $375,000
Whatever you weren’t paid through your base salary out of that $375k (let’s say $150k) is your November bonus ($225k)
Numbers are not accurate but that formula could give a good example
Thank you! Really helpful.
$750 for senior associate 🤯?
2000 hours assumed you were staffed 50 weeks for 5 days for 8 hours each day? Is that the maximum. What is the typical utilization one has.