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Six figure pay is vague. What are you paying? $100,001 or $150,000?
Candidates might not put much faith in the bonus and could be looking only at the top-line salary number (in their shoes, they don’t know how likely a bonus is).
How much are you offering, OP?
Sorry for the delay. Salary, signing bonus and actual bonus combine to about $120k
We are a small boutique firm in the west in a city with 2m plus and for a first year we are paying $100k plus 10-15% bonus for yearly hours over 1600. Plus 50 percent medical, plus everything else paid for plus a $5k professional development expense account for conferences and the like. For 2-6 depends on the person and what they want and we start paying non equity partner like wages after year 6 (generally 30% collections plus 10% for origination). We don’t really need originations so we don’t pay as much for it as some firms.