Ryan Murphy on LinkedIn: If you're interviewing and the company are talking up their bonuses in an… | 24 comments (2024)

Ryan Murphy

Engineering Manager at Yelp | Author | Creator | Coach

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If you're interviewing and the company are talking up their bonuses in an attempt to compensate for a low salary...That's a red flag. You aren't getting that bonus at the end of the year, I promise.

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Nate Taylor

Manager, Software Engineering at Skillable

4mo

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I only ever base my decision off of base pay, in part because I've never had a bonus that was both transparent and within my control. I have had some bonuses that were completely transparent, and if I showed up did nothing, or worse yet, did active harm, it wouldn't move the needle on the bonus.I've had others that were dependent on me but not in ways that were ever explained, it was more "You did a good job this month, here's a bonus" with no clue how that month was different than any other month.

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☇ Peter Street

Software developer

4mo

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I'm looking at the moment, and recently turned down a company with a "guaranteed 15% bonus". I asked was it in the contract. They said no. I said it wasn't guaranteed and I wanted it included in the salary. They couldn't do that. Totally agreed - if you get a bonus, it's a bonus. Some companies pay them. Don't budget on it, don't depend on it, and don't expect it.

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Katja Obring

I help teams drive quality through testing what really matters. | Trainer | Coach | International Speaker | Author | UKITB

4mo

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A friend of mine called it "imaginary money".

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Marcus Carvalho

Senior Software Engineer | .Net Core Backend engineer | Frontend developer in Blazor, Angular, React | Mobile developer in Flutter | Software Architect | Microservices

4mo

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I was unhappy working for a huge company, and I was offered a job in a "cooler" company with career plan, bonus, etc.I asked how much the bonus was in previous year and thet say they could not give a rough estimation because it would depend on several metrics, and stuff, etc.I was naive enough to believe in the company and I left the job I was unhappy to join this company with a paycut of almost 30%.Then:1) I found the bonus was paid only after two years in the company.2) I moved to this company only 3 months before the union agreed salary increase, and although they were paying me the "base salary" (for my position) I did not get the full raise, they gave me 1/4 of the raise (which is legal, but come on...) So after the 3 months I was making below the "base salary" 3) The career plan was a joke. Pretty much you were evaluated by your team, which is fine, but there was an incetive to make your colleagues look bad, so you can look good 😁 4) The company planned a huge party to celebrate its 20th anniversary, but employees need to pay to go to the party, and there was a strong push to people to go to the party. " If you don't go, you don't care about the company" .10 months after I was out.

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Ilya L.

Product Engineering Leader

4mo

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Robert Rupp

I help introverts over 40 build influence & authority.

4mo

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Not one company I’ve worked for that touted the bonus has ever paid it. But they talk about it every quarter and keep moving the carrot further to keep you working toward nothing. The oil and gas company I left? I left after they made me present my 5 year team member a gift card for $100. I’ve never been so embarrassed to hand out such a poor reward. That’s what that bonus gets ya.

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Garrick West

Technical Coach & Software Crafter

4mo

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I always assume that the bonus is a lie*, so if it shows up in my bank account I am just pleasantly surprised. *Note: A lie for non-management.

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Craig Whiting

Placing Exceptional Technologists with Exceptional Companies | Technology Recruitment Expert | Talent Attraction and Retention Specialist | Investor

4mo

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Not 100% accurate, it depends on the firm. Some (admittedly few) companies, particularly hedge funds have heavy bonus culture and bonuses are guaranteed across the board. But yes, banks, commercial firms etc, you need to prioritise base.

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HARSHDA RAWAT

Sourcing and Merchandising

4mo

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So true - those who talk bonus to compensate the salaries - they are the same people to talkpoor business / poor revenues and profits at the time of bonus - they are the first one in queue to start warning of a poor upcoming bonus even 4 months before bonus

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Mal Boston

Head of Platform Development

4mo

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theyll always find a way out of worming out of that bonus.ive had one bonus in 22 years, one.

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Ryan Murphy on LinkedIn: If you're interviewing and the company are talking up their bonuses in an… | 24 comments (47)

Ryan Murphy on LinkedIn: If you're interviewing and the company are talking up their bonuses in an… | 24 comments (48)

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Ryan Murphy on LinkedIn: If you're interviewing and the company are talking up their bonuses in an… | 24 comments (2024)

FAQs

Ryan Murphy on LinkedIn: If you're interviewing and the company are talking up their bonuses in an… | 24 comments? ›

If you're interviewing and the company are talking up their bonuses in an attempt to compensate for a low salary... That's a red flag. You aren't getting that bonus at the end of the year, I promise.

Does LinkedIn give bonuses? ›

We do this for a couple of reasons: we believe each person contributes in their own way to the company and everyone is part of the team, no one person is bigger than the team. As previously stated, senior people are already compensated for their experience and, yes, they still get a good bonus.

Does recruiter get bonuses? ›

Performance-based bonus

Recruiters are rewarded with a bonus if the candidates they hire perform well and stay with the company for a certain period of time. For example, recruiters at a software company might receive a bonus of $1,000 for each candidate they hire who stays with the company for at least six months.

Does LinkedIn notify promotions? ›

It allows you to post about a promotion you got at a current job or if you found a new job/position. If you choose, LinkedIn can notify your network about your achievement. This feature serves two main purposes. It ensures your profile stays up-to-date and shares your career progress with your professional circle.

Is there paid promotion on LinkedIn? ›

Text and Dynamic Ads

Drive new customers to your business – on a budget that works for you – with our easy, self-service pay per click (PPC) advertising platform. Showcase your product, service, event and more to increase traffic to your landing page. Promote your LinkedIn Page to seamlessly acquire followers.

What benefits does LinkedIn offer employees? ›

Personalize your benefits with fitness classes, gym memberships, massage, personal trainers, childcare, eldercare, pet care, house cleaning, tax preparation, and student loan repayments. Celebrate the end of the year with a week-long paid shutdown.

What does paid LinkedIn give you? ›

The premium tier includes direct access to hiring managers, information on who's viewing your profile and your competitors for jobs, and access to online courses. Some recruiters may view an applicant with premium status as more serious and professional about landing a job.

Does LinkedIn give money? ›

Is it possible to earn a substantial income from LinkedIn? Yes, many individuals and businesses have successfully monetized their presence on LinkedIn. However, achieving significant earnings requires dedication, strategic planning, and consistent effort.

Does LinkedIn pay if you have more followers? ›

Do you get paid for followers on LinkedIn? Thanks for the A2A. No you don't get paid by linkedin or anyone else just because you have a lot of followers or connectons. What that does get you is a number of people who may see your posts and who you can directly message.

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