{ "media_type": "text", "post_content": "When people announce their new job TC, is everyone just including the highest possibly bonus % they can get? Confused on some of these numbers 😂", "post_id": "62897c4fae3255001e589bae", "reply_count": 16, "vote_count": 6, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }
null

When people announce their new job TC, is everyone just including the highest possibly bonus % they can get? Confused on some of these numbers 😂

likefunny
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Yeah lmao. Some people even include 4 years worth of vested RSUs. It’s quite silly.

like

But what better way to humble brag? 🤡

likefunny

@MC1 it’s a post asking a question, I wouldn’t call that so concerned 😂 this is literally what the app is used for. I’m interviewing at a lot of places and it’s hard to know what I should be asking for when the numbers are inflated.

like

Following bc I’ve been wondering this exact same thing. This is why i hate the TC metric bc the reality ends up being far less. Wish people would compare it in terms of Base+Bonus instead of an all-in making it seem like you’d be getting $200k cash all in.

People be including their fcking sign on bonus in the TC like really what is the purpose of that, that obviously just skews the appearance of the metric

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Plus like if you just got the job - how do you know what your bonus is going to be? My job bonus ranges from 20-50%. That’s a huge difference 🙄

like

I agree. Bonus should be listed as the % you are eligible for

like

Well it’s not uncommon for a bonus to be fixed for your first year and you don’t know what the true range is after that (unless % based)

There’s also parts that typically people don’t include that are material (e.g., firm contributing the max to my 401k)

Why so concerned with people on the internet perceivably inflating their “TC” ?

like

McK1, because when they’re making their own career decisions, they want accurate numbers to base it off of, to set their baselines, to mark to market their expectations, etc.

Surely when you’re building a model, you don’t say “Why are we concerned with the client artificially inflating their sales numbers?” Surely you like accurate data, no?

like

I haven’t been including TC in my questions about my recent offer, only salary and signing bonus. The TC seems to over inflate what is being offered and makes it very hard to gauge what should be asked for in salary negotiations.

helpful

Actually no - most people exiting tech quote TC as base + bonus + RSU for 1 yr. Unlike consulting, bonus in most tech is a default 20% (or what was decided) it can be a little higher if they perform well but in most cases they get the 20%. In very rare cases does someone in tech doesn’t get their 20%.

But to answer your q, most people I know quitting their TC is what will end up making for 1st yr and maybe a little higher if they perform exceptionally.

Possibly adding sign on bonus as well

I posted recently that my TC this year would be 300K but realistically, all in, 450K is not unreasonable. Depends on what type of consulting you are in and what your bonus potential can be. For A&M, it’s not unreasonable to be at 100% +. My base comp is 200K and I’m only including bonus and 401K employer contribution in the TC number.

Bonus structure at A&M is based on billables, utilization and performance. If you search fishbowl there’s a lot of conversation on our pay structure, it’s very transparent. OP, COVID slowed things down for a bit but we’ve bounced back pretty well and are basically sold out.

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