So, we sat down and had a more formal discussion on how my pay will work at the Big. Co. I informed them that offering me more money in bonus and incentives structures would likely be to their benefit. We settled on the following, which is a bit complex… bear with me.
- Salary – This is pretty straight-forward. $200,000 per year.
- Benefits – Their pretty standard offering. 5% 401K matching, great insurance packages, etc.
- Normal Bonus pool – The top 10% of employees are in this bonus structure, it’s largely based on company-wide stuff so I have little control over this… worth up to $50,000
- Special Bonus pool – The top 2% of employees are in this bonus structure. So just a few dozen. This is dependent on how I personally do. My boss and the CEO will talk about specific goals and metrics, and then evaluate my performance. The total available here is $100,000.
- Long-term Incentive – I will have a pool of money (not clear yet how much, I think $20,000/year) that will accumulate and be available if I am still there on an anniversary date. This is intended to be another hook that will make it harder for me to quit later. So, for example, in year 4 I would have $80,000 sitting there to be sent to me if I am still employed on the 4th anniversary. Anniversary 1,2 and 3 will not be a problem for them because the I get my payouts from the exit on those dates, so this is intended to be a bit more at the end.
All in I have a total possible of $370,000/year, but a lot of that at risk of performance.

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