Over 20 plus years with this company my base pay has gone up every couple of years. The biggest growth in my salary has come as a "Bonus pd 1x/yr" which now is over 50% of my cash compensation. Base plus bonus plus benefits is on the Lower half of my industry Salary Value from talking to industry colleagues.

I may have an opportunity for a new position with another company starting around the first of the new year. My concern is that the "bonus" is not paid until March. What to do?

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Sometimes companies can offer the bonus you miss as a sign on.

Not sure if they'd be able to offer the amount you receive at your current company but it's always a conversation you can have during negotiations

Your pay plan probably specifies how long you need to be employed to get the bonus. Most companies you just need to be employed until the end of the fiscal year to get your year end bonus a couple months later.

Normally bonuses paid out in March are bonuses for fiscal year Jan - Dec. I would verify with your company but you shouldn’t need to stay till March to get a bonus as long as you were there for the whole fiscal year.

Your company should provide a detailed list on requirements to receive your bonus (some companies make you stay until the same pay period to receive your bonus) and I would be open with your new company and let them know that the bonus is not paid out until March and it’s a significant part of your salary. They may try to meet this in order for you to start when needed.

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