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Fam, need an advice. Asking for a close friend. He has 2 offers 1. Jpmc: ctc 21 lakhs(excludes bonuses) 2. Morgan stanley through third party: ctc 27 lakhs (includes everything) Which is better in terms of career growth,job security? Work is sort of similar in both. #Morgan Stanley #JPMorgan Chase
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Hi All, My sister has done Computer Science engineering Bachelor degree and has 5 years of work experience in India. She is applying for MBA at https://www.kenan-flagler.unc.edu/programs/mba/full-time-mba/ and https://kelley.iu.edu/programs/full-time-mba/academics/majors-minors/marketing.html. Her overall goal is to get into Software Product management. Any suggestions if any of these MBA’s can open path in the desired space or if she is better of doing an MS in Comp engg. to further develop deeper Technology skills. Thanks
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Dep on the base...
Think total comp basis; what you want/ need overall, and back into it
I used to have a 3%-7% range based on performance in consulting. I currently get 7-11% as a product manager. There are professions that end up being 50-50 (so 100%) but those are usually front of house or sales roles that rely on incentives. And then the other end of the spectrum are bankers that get something like a 10-90 split where the vast majority of their compensation is via bonuses that directly relate to their returns
Which industry?
What are the factors that impact the bonus payout? Company performance? Team performance? Personal performance? What is the min/max you could expect?
What have the payouts been over the last 5 years? Are bonuses ever skipped due to company economics?
I have had bonuses set at 10% of salary, but were skipped due to poor company performance. I have had bonuses set at 20% of salary that typically paid between 15-22%. I have also had bonuses that were set at 20% of salary, but paid out at 45-50% of salary when both company, region, and personal performance were all strong in the same year.