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Hi folks - anyone working in Ireland? Just want to check how much salary should i ask since I have received a mail saying the application will now move forward and I've cleared interview rounds. YOE 3.5 yrs Internal Audit. Is 50k a good number to live in dublin?Grant Thornton EY Deloitte kpmg
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Off Topic : 1) When Does a software engineer start financial planning for retirement since the our Career span is only 15-20 years on average.
2) How much and which schemes to invest to mitigate the risk?
3) How much do we need for retirement? Tata Consultancy Infosys Mindtree IBM Wipro Capgemini Cognizant HCL Technologies
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Just ask chatgpt
Yes, lol. And it’s Ms. VP thank you very much 😆🤣
Okay according to my homie chatgpt40
Chatgpt:
For a VP or Director of Supply Chain in a Fortune 1000 company and a mid-cap $2 billion private company, the incentive package typically varies based on the company's size, industry, and performance expectations. Here’s a general overview:
### 1. **Fortune 1000 Company:**
- **Bonus:**
- Annual bonuses typically range from 20% to 50% of base salary, depending on performance and the overall company’s financial success.
- Bonuses might be tied to specific metrics like cost reduction, efficiency improvements, or supply chain resilience.
- **Stock Options/Equity:**
- Stock options or restricted stock units (RSUs) are common, with a value ranging from 30% to 100% of the base salary, vested over 3-5 years.
- Performance shares that vest based on long-term goals or company stock performance relative to a benchmark might also be included.
### 2. **Mid-Cap $2 Billion Private Company:**
- **Bonus:**
- Bonuses might range from 15% to 35% of base salary, typically linked to company profitability and individual performance targets.
- Private companies may have more flexibility, offering additional cash incentives for hitting major milestones like successful expansions or technology implementations.
- **Equity/Phantom Stock:**
- Equity offerings are less common but could include phantom stock, stock appreciation rights (SARs), or other forms of long-term incentive plans. The value might be around 15% to 50% of base salary, with vesting over several years.
- In some cases, particularly in a private company, a direct equity stake may be offered if the role significantly impacts the company’s growth trajectory.
### Key Differences:
- **Fortune 1000:** Typically offers more generous stock options and a structured bonus plan tied to broad performance metrics.
- **Mid-Cap Private:** May offer more flexible and personalized incentive plans, with a focus on immediate business goals and long-term growth potential.
The specifics can vary widely depending on the company's strategic goals, the role's influence on the business, and the candidate's experience.
the size of the company and market cap value are the wrong parameters. look up market salaries for the job band/level in the city/region the job is located.