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Other than first year salaries in major markets, Squire is well below market for base salaries. The bonus structure described above only kicks in at 105%. The “special bonus” was one week’s pay (based on well below market salaries).

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No it’s true everywhere

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Hi! SPB pays at market rate for base salaries. However, the bonus structure is different than other firms in that it is based on the percentage of hours an associate bills over the minimum hours required. So every one percent over the minimum hours requirement equates to one percent of the base salary being used as the bonus.

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This isn’t totally accurate. Base comp is not market after first year, and that bonus structure only kicks in after 105%.

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