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How to Negotiate Annual Bonus vs. Base Pay: Avoid Golden Handcuffs
ChannelEmily BinderDescription from the creator
Are you in a salary negotiation? Do you want to ask for a raise? Is your bonus more than 20% of your total take home pay? Watch this.
✨ Priority Replies for $2.99! Get your comment answered same-day. Cancel anytime: youtube.com/channel/UCILnbKcs1nkoAYpfHZbYJ2g/jo…
👆🏼After thousands of comments on my channel, I'm excited to offer YouTube Memberships. Check out all the levels and what you get!
Real Talk: How to Negotiate Salary / Raise - Women with @brittneycastro: youtu.be/52NQrLMoA0A
👉🏽 Is it better to have a higher base salary or big annual bonus?
If your compensation comprises a hefty annual bonus, I have bad news for you. Big annual bonus = golden handcuffs.
Golden handcuffs:
When you are beholden to your employer and will be compelled to stay at your job until bonus time, when you might otherwise quit.
Ask who benefits from your comp structure (salary, bonus, time off, 401k matching, and vacation time/PTO). If your comp is heavy on bonus (when bonus is 20% or more of your total take-home pay), this benefits your COMPANY, not YOU.
BLOG POST: emilybinder.com/tips-and-advice/salary-negotiat…
Book a call with me:
Salary Negotiation and Job Offer Coaching: consultation-emily.as.me/?appointmentType=16593…
🎥 Related Videos - Salary & Career:
-Why the Annual Bonus is Broken: youtu.be/yOMWabptGEI
-Trap Question: "What's Your Current Salary?" Job Interview Tips - Part 1: youtu.be/sl3EIFt7UYY
-How to Answer the Current Salary Question - Interview Tips: Part 2: youtu.be/iTK-DfHWC7g
💼- LLC & SMALL BUSINESS TIPS
-How to File an LLC: DIY vs Incfile Review: youtu.be/w-Ar7yF-KT0
-Top Money Saving Reason to Have an LLC: youtu.be/E3Y0wGfEYkU
💵 CREDIT CARDS / POINTS
-How to Get 5x Chase UR Points on Apple Store: youtu.be/CojIwKOTqFk
-AmEx PLATINUM Authorized User Benefits | TRAVEL in Style - EXPLAINED: youtu.be/nhW5ZSZXWsw
-Chase TRIFECTA Strategy: ULTIMATE REWARDS Bonus Travel: youtu.be/kT5uUxTtKR0
Follow:
🎧 MINI PODCAST: emilybinder.com/flash-briefing/
TWITTER: twitter.com/emilybinder
INSTAGRAM: instagram.com/beetlemoment
GET EMAIL UPDATES: emilybinder.com/email/
Music credit:
Treat Me This Way by Otis McDonald- Creative Commons Attribution license
✨ Priority Replies for $2.99! Get your comment answered same-day. Cancel anytime: youtube.com/channel/UCILnbKcs1nkoAYpfHZbYJ2g/jo…
👆🏼After thousands of comments on my channel, I'm excited to offer YouTube Memberships. Check out all the levels and what you get!
Real Talk: How to Negotiate Salary / Raise - Women with @brittneycastro: youtu.be/52NQrLMoA0A
👉🏽 Is it better to have a higher base salary or big annual bonus?
If your compensation comprises a hefty annual bonus, I have bad news for you. Big annual bonus = golden handcuffs.
Golden handcuffs:
When you are beholden to your employer and will be compelled to stay at your job until bonus time, when you might otherwise quit.
Ask who benefits from your comp structure (salary, bonus, time off, 401k matching, and vacation time/PTO). If your comp is heavy on bonus (when bonus is 20% or more of your total take-home pay), this benefits your COMPANY, not YOU.
BLOG POST: emilybinder.com/tips-and-advice/salary-negotiat…
Book a call with me:
Salary Negotiation and Job Offer Coaching: consultation-emily.as.me/?appointmentType=16593…
🎥 Related Videos - Salary & Career:
-Why the Annual Bonus is Broken: youtu.be/yOMWabptGEI
-Trap Question: "What's Your Current Salary?" Job Interview Tips - Part 1: youtu.be/sl3EIFt7UYY
-How to Answer the Current Salary Question - Interview Tips: Part 2: youtu.be/iTK-DfHWC7g
💼- LLC & SMALL BUSINESS TIPS
-How to File an LLC: DIY vs Incfile Review: youtu.be/w-Ar7yF-KT0
-Top Money Saving Reason to Have an LLC: youtu.be/E3Y0wGfEYkU
💵 CREDIT CARDS / POINTS
-How to Get 5x Chase UR Points on Apple Store: youtu.be/CojIwKOTqFk
-AmEx PLATINUM Authorized User Benefits | TRAVEL in Style - EXPLAINED: youtu.be/nhW5ZSZXWsw
-Chase TRIFECTA Strategy: ULTIMATE REWARDS Bonus Travel: youtu.be/kT5uUxTtKR0
Follow:
🎧 MINI PODCAST: emilybinder.com/flash-briefing/
TWITTER: twitter.com/emilybinder
INSTAGRAM: instagram.com/beetlemoment
GET EMAIL UPDATES: emilybinder.com/email/
Music credit:
Treat Me This Way by Otis McDonald- Creative Commons Attribution license
About this tutorial
Emily Binder published this 4:19 video tutorial on November 10, 2018. It has been watched 9,529 times on YouTube.
- Channel
- Emily Binder
- Category
- Education
- Duration
- 4:19
- Published
- November 10, 2018
- Views
- 9,529
- Likes
- 142
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