My husband just received a job offer on an opportunity he is really excited about. It would be great for his career and they are giving the 15% jump in base he asked for, however they won’t share what the target bonus amount would be. It’s an executive director position, so I would assume it’s a decent target bonus, but without that in writing it could honestly be a gift basket at the end of the year. Is it a red flag for them to not share this? His total comp could be less at this new job…

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At most banks, bonuses are completely discretionary, so unless this is negotiated in advance, banks won’t guarantee the bonus (and therefore usually don’t disclose amounts in advance). Of course this could be nerve-wrecking, but surely it will be fine if it’s a reputable bank. If he needs a portion of that income, it should have been negotiated as part of his base salary.

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Your husband should negotiate the bonus going in. At ED level you can definitely negotiate a range. It won’t be in the offer letter but it’s on record internally and in most cases they will honor what’s negotiated.

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This is what I would suggest as well. If they want him bad enough, they will negotiate it with him.

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No at my company it is the same where they don’t share the target bonus anymore. I only know what mine in because before they used to show us what it was. He or you can check Glassdoor to ballpark it but overtime he will figure it out. Maybe they can give a rough number for what was given last year if you ask them. BofA was similar as well with me where I had to try hard to get a ballpark %. It’s quite annoying.

But if you look at Glassdoor it may not be entirely accurate because it can have people from different lines of businesses where they can vary from like maybe 30% to 200%

Sharing the target bonus with the employees is mostly discretionary on the part of the company. Why don't you ask senior employees if the company had a bad reputation when it comes to giving bonuses.

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