Does Qualcomm have an annual cash bonus?

Broadcom Ltd. / Eng
headbanger

Broadcom Ltd. Eng

PRE
Intel, Broadcom Ltd.
headbangermore
Mar 28 23 Comments

Or any sort of performance bonus? Or is it just the base and RSUs?

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TOP 23 Comments
  • Synopsys 1anonym
    Got it. From what I heard there is bonus which is a % of the base. Which BU/domain are you going in to
    Mar 28 7
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      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%.
      Mar 28
    • Qualcomm dynasty001
      Isnt Engineering Lead a title only in India? I thought in the US its Sr Staff -> Principal
      Mar 28
    • Synopsys 1anonym
      Is this SC or SD? And with 18 yoe how is your current package in Bcom? I thought the pay there is much better?
      Mar 28
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      @dynasty: I got the titles from levels.fyi. So I don’t know your titles. I’m US based.
      @1anonym: I’m no longer at BRCM. I’m currently at Intel, grade 9 with TC of $242K.
      Mar 28
    • Qualcomm dynasty001
      Yeah that title is not used in US. Just like “associate engineer” is not applicable to US based positions. Here its just wng, senior, staff, sr staff, principa
      Mar 28
    • Qualcomm snapduck
      242K TC is about entry Sr staff
      Apr 17
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      @snapduck: so they should easily beat my current TC. Intel grade 9 is the high end of your sr Staff and the entry level of your principal. What would be the high end TC for sr staff at Qualcomm?
      Apr 17
  • Qualcomm / Eng
    progc

    Qualcomm Eng

    PRE
    Intel Corporation
    BIO
    ASIC
    progcmore
    you won't get paid like Broadcom
    Mar 28 4
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      I’m no longer at BRCM. I’d love to go back but there’s not much external hiring. All positions need Hock Tan’s signature.
      Mar 28
    • Qualcomm AppleAdded
      Really? Hock needs sign just to hire an engineer
      Mar 28
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      Yup. Especially higher grade ones. I think it’s ICB4+
      Mar 28
    • Qualcomm AppleAdded
      Wow, he is running such a tight ship
      Mar 29
  • Qualcomm newaws
    There is yearly cash bonus. Mostly dependent on your level than performance.
    Mar 28 1
    • Qualcomm oohBby
      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
      Apr 11
  • Qualcomm dynasty001
    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.
    Mar 28 0
  • Broadcom Ltd. / Eng
    headbanger

    Broadcom Ltd. Eng

    PRE
    Intel, Broadcom Ltd.
    headbangermore
    OP
    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?
    Mar 28 2
    • Qualcomm newaws
      A little over 10%
      Mar 29
    • Amazon XIjQ36
      I'm new I was told my target bonus would be about 15%. I'm not sure if that is true because it wasn't in writing anywhere.
      Apr 19
  • Google notez
    Was principal there - last bonus was 60k. Now 3 times lower ;(
    Mar 28 1
    • Qualcomm / Eng cpugpu
      But your rsus more than make up the difference I assume?
      Mar 28
  • Synopsys 1anonym
    How is your base and rsu offer now? It will be a percentage of base
    Mar 28 1
    • Broadcom Ltd. / Eng
      headbanger

      Broadcom Ltd. Eng

      PRE
      Intel, Broadcom Ltd.
      headbangermore
      OP
      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.
      Mar 28

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