is 20% bonus considered common and normal for PM with 7-8 yr of experience?

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That’s a good amount. But is that the only bonus and is it specifically for performance? Or are you also getting a starting bonus, equity, etc?

Just keep in mind that a performance bonus can also depend on factors out of your control. It can be based on individual performance, the company, or your team (or combination). I’ve seen companies try to minimize the payout and have it depend on overall company performance goals, which can be a way to drastically lower the payout. Some companies are not very transparent when it comes to how they calculate bonuses and it can be a bit of a black box.

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20% is a very generous bonus, but you should review the requirements/conditions for receiving the bonus.

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I would say I’d expect that %

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