How to negotiate Salary · True or False
Is it true that discretionary bonuses are guaranteed income that you will receive every quarter?
False. Discretionary bonuses depend on company performance and manager approval, not guarantees.
Discretionary bonuses are by definition not guaranteed; planning your finances around them creates vulnerability every time the company or your manager has a tough quarter.
Including the full discretionary bonus amount in your budget calculations as if it were guaranteed salary.
This scenario is one of 500 in the Skillful How to negotiate Salary track. Each card states a situation, you decide true or false, and the explanation follows immediately.
- Answer
- False
- Track
- How to negotiate Salary
- Topics
- total-compensation, risk-assessment
Also asked as
Are discretionary bonuses guaranteed income? How to evaluate discretionary versus guaranteed bonuses? Why you should not count on discretionary bonus payments?
The scenario in full
Discretionary bonuses are guaranteed income that you will receive every quarter.
Frequently asked questions
Is it true that discretionary bonuses are guaranteed income that you will receive every quarter?
False. Discretionary bonuses depend on company performance and manager approval, not guarantees.
Are discretionary bonuses guaranteed income?
False. Discretionary bonuses depend on company performance and manager approval, not guarantees. Discretionary bonuses are by definition not guaranteed; planning your finances around them creates vulnerability every time the company or your manager has a tough quarter.
How to evaluate discretionary versus guaranteed bonuses?
False. Discretionary bonuses depend on company performance and manager approval, not guarantees. Discretionary bonuses are by definition not guaranteed; planning your finances around them creates vulnerability every time the company or your manager has a tough quarter.
Why you should not count on discretionary bonus payments?
False. Discretionary bonuses depend on company performance and manager approval, not guarantees. Discretionary bonuses are by definition not guaranteed; planning your finances around them creates vulnerability every time the company or your manager has a tough quarter.
Where does this how to negotiate salary question come from?
It is one of 500 scenarios in the Skillful How to negotiate Salary track. Each card states a realistic situation, you decide true or false, and the explanation follows immediately.
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