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I came to know that 450 grade are not eligible for annual performance bonus in jpmc is this is true ?
Annual Performance bonus will be getting from 5** grade
They will be getting only CEO bonus...
Can some suggest that is the above information is true ?
I recently joined so i don't have any idea
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Yes. But on the internet TC includes literally everything plus whatever made up number you decide to add to it
100%
To be fair in the case of Amazon they pay big cash bonuses to account for back loaded vesting schedule
Also, base salary is the best form of compensation when it comes to living the lifestyle you want without any stress.
200K base salary -> you can live as though you actually make 200k. You have total flexibility on how you want to spend and save.
100k base salary + 100k bonus -> you have to live mostly as though you actually make 100K and use the bonus for savings. Unless you already have a lot of money saved in the bank, you can’t live a 200k lifestyle
Having worked in tech, then CPG, and going back to tech, I will say that RSU grants can be a sizable portion of your income. I feel like most companies outside of tech only primarily do base + bonus…maybe a tiny bit of stock but not like in tech. After the cliff, it was nice getting your RSUs vesting every couple months or quarter.