When recruiter says bonus is a guaranteed %, and offer letter says target bonus %, how much truth is it in recruiter?
Insurance Industry position.

like
Posting as :
works at
You are currently posting as works at

Nothing guaranteed. Recruiter stretched the truth

like

"guaranteed" basically means it's pretty likely. For example, I had an offer at a pharma company with a 15% bonus target that was pitched as basically guaranteed. But if the company misses its revenue targets for the year, that amount gets reduced.

like

What’s in writing that you sign is what counts. That’s the contract.

like

Bonus culture varies by firm. I've worked for companies where you never how much bonus you'll get and the process is very opaque. I've worked at other companies where you get x% every year barring extreme circumstances (like the company might go out of business soon). Pros and cons to each. Usually those that are more variable have a higher ceiling than those that are "all but guaranteed"

This. My current firm will massage numbers and count non billable hours towards your billable if you are under to help you reach your target. It’s more or less “guaranteed” +- 2%. I’ve worked elsewhere where they massaged numbers to screw you over and make bonus payout as little as possible, even had one company “oh we made an accounting mistake but it’s too late to correct, no bonus this year” 🙄

Whatever is in writing is the truth

Recruiter is a car salesman selling a job.

Lol

Related Posts

How open are mental health discussions in your families? Whether it be talking about your struggles or suggesting therapy to family members? Anyone done it successfully and mind sharing ideas here?

helpful

I’m curious. What would you say is the best industry / sector for…1. WLB, 2. Great people / team, 3. Exit opp’s., and 4. Overall (mix of the above). Goes without saying the obvious “it depends on office, team, project, client, etc.” So this is an ask for general observations.

like

Opening for CIEC for senior data engineer.

Post Photo

Looking for referrals to get into a fully remote HR role in fintech after working in government for 12 years. Over 10 years as an HRBP/Sr and 2 years in a leadership role. Have my PHR and CCP. Love comp but my experience is limited to a smaller organization (500).

like

Any thoughts on large companies vs boutique firms? Have offers from Accenture Strategy and The Chartis Group but am having trouble making the final decision. Interested in healthcare consulting but not sure if I want to commit at this point.

like

My gf is still waiting for her EAD and had to go on unpaid leave of absence which is coming to an end in March. Noting delays on current processing times, what are multinational companies offering on similar cases? Are they terminating their employment without any health insurance benefit until they can be rehired or are they offering any other support? I would appreciate you sharing your experiences to benchmark. TY

like

I have been at my company for 3.5 years. One year ago (2.5 years into my employment with them) they re-leveled everyone and I was bumped to an entry level position on the terms that they changed my job title when they re-leveled, so “technically” I am at the early stages of my new title. Even though the job duties did not really change.
I’m not sure the best way to approach this. Has anyone else had a similar experience or know how I should advocate for myself?

like

Hi what is the availability package for a senior data scientist in paypal

Would any biglaw recruiters/HR be willing to give advice on a resume/CV? Undergrad senior looking for an entry paralegal role at an NYC biglaw firm, I would really appreciate any insight. Thanks!

like

I am interviewing with a company. Last week, one week after the interview, my hiring manager reached out to me with a couple of clarifying questions. We talked then I sent him recommendation letters from my previous employers. He said that I should have an answer from them this week whether I get an offer or not. I haven’t heard back since and yesterday I reached out to the recruiter to get some status updates. She has not responded. It’s already Friday. Is it a bad sign or am I overthinking?

like

Can someone refer me at suitable position in citi

Skill set - Big Data QA, sql, python, Unix

YOE - 10.5

like

Hello Fishes,

I have 3+ years of experience in Datawarehousing and am planning to switch my career to Data Science.
I have already learnt the necessary skills required for a data science position. How do I make my resume when applying for Data Science position? As I do not have any client project experience in Data Science.

Any help is appreciated.

Thank you.

like

What will be in-hand salary pm...?

Post Photo
like

Current CTC - 6L. Accenture has offered 10.4 with 60k joining bonus. Designation - Sr Analyst. Is this too low? I have 4 yoe

like

Is it possible to transition from Sales Manager to consulting. Currently making around 100k per year and would like to make a move and potentially make 20-30% more. For context, I have been at my current organization for 4 years and have grown my teams annual revenue from 1,000,000 to over 4,000,000 primarily through improving the culture, processes, and quality

likehelpful

EY Business Transformation Senior Consultant Salary 5YOE (only 1 in Consulting) Tier 1 city?

like

More Posts

Anyone suggest how is the variable payout in Congnizant?

like
like

Any idea what compensation would look like for an experienced professional (5 years med device product development) at a boutique firm like clearview?
Undergrad and masters in engineers from Ivy, not sure if that makes a difference

like

Aerospace Systems Engineer. HCOL/Los Angeles. Current salary $184k. No bonus. 17 YOE. I'm just posting for a data point.

like

Mid level Electrical Engineer in the greater Baltimore, MD area making $115k base w/ $20k sign on bonus. No yearly bonus. I started this job in April of this year. 2-3 years experience. When I onboarded they told me to expect promotion to EE III in about a year. Performance reviews coming at the end of the this year and I’m wondering 1) if my salary is on par with what I should expect 2) how to approach conversations about raises and promotion with my supervisor. Thanks for any insights.

like

How can I change the project in Accenture?

like

Anyone knows about company Shopee. how is WLB here? what benefits it gives to employees?

like

How much in hand salary for 12.50lpa in TCS also can anyone one suggest I have Wipro for 14lpa which is good one?

like

Looking for opportunities to work in my field eventually. I’m almost certified in project management through Google. Since I was previously trained in project management, I’m doing sometimes a week or 2 weeks worth of google coursework in one evening. I have used project management tools to improve processes and business outcomes ($$) in my jobs. And I have worked to teach others these principles to improve efficiency.

like

Round or exact numbers on banners/LPs? I was curious about this since in negotiations for example or pricing it's better to have the exact number. But if you have a case study, for example, is it better to say "Client X increased their revenue to 1,000,000 ARR" instead of "Client X increased their revenue to 987,500 ARR" ? Anyone has seen any impact on conversion rates?

like

Are there any Business Analyst roles available in Cognizant? I have recently skilled up and want to join at a beginner role, however I am not sure about switching and want to gain some experience with Cognizant only. Currently I am working at Gurgaon location in IOA division.

like

Hi fishes, do you get paid by the hour or receive a salary?

like

I am working as a technology consultant specialist in PwC ac. As of now I'm working on an internal project of the company but i have received mail from a senior that if someone wants to volunteer for this project "financial service capital market- COI" should i opt or not? Will it be useful?

Advice and tips for a first time rental property investor?

I am 24 saving up for my first property to purchase at the end of 2021 / early 2022 in the Long Island, NY area.

I’d like to save up around $50K in my HYSA for a property <$400K in LI. Does this sound reasonable?

Does anyone have any advice on investing in the LI area (best location, SFH v MFH) or just general first time rental property buying advice?

Thanks all

like

New to Chicago - how do I find new friends here?

like

Can anyone tell me if there is any portal for e-separation. My friend was trying to put paper but he works on client laptop and he did not know much details.. Is there any portal in velocity app for the same

How is the job security in Oracle? I have offer from them and mostly looking for good WLB and job security. My tech stack is Frontend.
Oracle

like

Hi my name is Deloitte OP and I’m a caffeine addict.

likefunny

I'm looking for a comms planner for a mid-size agency in San Diego. 5-7 years overall experience with at least 1 full year spent exclusively on comms. DM me if you're interested, I'd consider more experienced as well.

like

Any Asian networking events out there?

Additional Posts in Consulting Exit Opportunities

Results of my survey are in!!! The professions that pay the most are the following.

Big tech firms:
Big law:
I-banking:
Management consulting: l
Advisory at Big 4:
Doctor:
Quant at hedge fund
Fundamental analyst at hedge fund:

Thoughts?

like

What’s the work culture at New York life like?

likehelpful

Is industry a good exit opp when don’t see yourself in the partner route here in PA? Senior trying to make a jump!

like

Does anyone know Deloitte’s non solicit policy? I have a former D colleague who left > 2 years ago referring me to his current company / team and were unsure of the non solicit policy. I technically reached out to her but want to make sure we’re compliant

like

On the spectrum of functional (1) to technical (10), where would you put Product Manager and/or Owner?
Is it similar to old school functional BA role (back in the SDLC days before agile took hold)?
...or does this vary heavily by company?

like

Would it be career suicide to join a retailer and/or consumer goods/apparel company now ?

like

Rejected without interview with a referral. Ugh

like

If you relocated from California (LA) to Washington state (Seattle), what will be the compensation adjustment? Will it be significantly lesser as Seattle is a MCOL vs LA an HCOL? Also, will only the base be adjusted or bonus/RSUs as well?

like

Should I always have referrals when applying for PE exit? Would cold application work?

like

How long is the notice period at your firm usually?

like
like

When people list TC is that just base plus bonus and average equity fully vested? Or does it also include retirement contributions?

like

Anyone know of orgs with an emphasis/value teaching and learning?

My friend is working for a non-profit, has lots of transferable skills, and is willing to learn…but his job applications haven’t gained much traction. I think it’s because he’s looking to move towards a more corporate org and those recruiters don’t necessarily know what to make of his past experience.

like

Would you renege for an extra $17k sign-on bonus from a B4 offer if you’ve already signed with a boutique? Base is identical and I have 7YOE.

like

Looking for full stack developer to join my early startup. We are a small team but hoping to grow a lot this year. Must love books and geeky stuff

like

I believe in the philosophy of learning from other's experiences, success stories, mistakes and regrets while keeping in mind that similar set of life events may unfold into totally different ways/outcomes for others as there are always too many variables in the equation called LIFE. People may arrive at different destinations at different times while being on the almost similar path.

That being said-

If given a chance to RELIVE your life again, what would you do differently and why?

like

Reports are that the average tenure of people in top consulting firms is 2.4 years. Interesting how the industry is even shorter. Thoughts?

Post Photo
like

Does EY P check for references?

funny

Would switching from S& to LEK boost, hurt, or not change exit ops to PE/ PE ops/Corp dev & strat roles? Also looking at benefits of not having independence and utilization requirements. Thanks!

like

Any reaume tips for a teacher friend looking to leave education to GPS consulting?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal