What does it mean to have your billables pro rated toward bonus requirements? Lateraled at the end of February, billable requirement is 1800 hours for a $10k bonus (50 can be admin hours). Expecting to hit around 1500 hours.

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Prorate the billable requirement against the amount of time in the billable year you are employed to find your goal.

Ex.: if the firm is a calendar year end billable year, let’s call your first year tenure 10 months (join in late Feb, but call it Mar 1 to keep the math simple). (1800 * (10/12)) = 1,500. You’d be on track to hit your requirement this year.

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Follow up: is it unlikely that I’ll get a base salary bump as well having only been at the firm 10 months? It’s a blackbox firm so I’m not sure how things work with annual raises.

Thank you that’s what I’m hoping. Apparently my billables last month were one of the highest out of all associates so I’m trying to maintain that. I’m also in a group that has very reliable payers as clients so most of my work is collectible.

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