Or any sort of performance bonus? Or is it just the base and RSUs?
They moves onto a new review system last year. Now its all calibrated on a formula. Yes you do get a yearly cash bonus based on your level and performance.
Let’s pick Sr Staff and Engineer Lead levels. What percentage of their base would they get for a bonus if they’ve performed well?
How is your base and rsu offer now? It will be a percentage of base
I haven’t got an offer yet. Just trying to see what to expect and what the percentage is in case I get one. All the reported Qualcomm here on Blind do not mention anything about the annual bonus. That needs to be counted towards TC.
Got it. From what I heard there is bonus which is a % of the base. Which BU/domain are you going in to
I think the graphics team. Got 18 YOE. So I’m expecting Sr Staff or Lead. Hopefully lead 🙂 Does the percentage differ from org to org? In most companies it is a % of the base as a target but there’s usually a multiplier which may factor in BU partially. For example, the target at Broadcom is 25% but it can go up to almost 40%. At AMD, they say 15% but their multiplier sucks and you actually end up getting 5-7%.
Isnt Engineering Lead a title only in India? I thought in the US its Sr Staff -> Principal
Was principal there - last bonus was 60k. Now 3 times lower ;(
But your rsus more than make up the difference I assume?
There is yearly cash bonus. Mostly dependent on your level than performance.
if by level you meant seniority, I would partially disagree since I know for a fact that folks rated at grade 5 often have a bigger cash bonus than 'seniors' graded 2-4