I just got an offer to join Red Hat! This is a silly question but Charter pays out bonuses March/April. If I join now is it too late for a bonus at red hat next year?
Its a quarterly bonus at redhat , so if you miss a quarter, you will be up for next.
If you join right away you may get some bonus for Oct-Dec quarter in Feb. But don’t hold your breath. For next quarter onward, surely you will get bonus
Guys who are at Red Hat,can you share the bonus amounts? It's going to be my first time.
Yeah it’s a bit confusing huh. I never had quarterly bonuses before. My offer letter just says a VIC of 15%
If you make 100k per year and 10% bonus target (choosing simple numbers for calculating) your bonus is 10,000$ per year. So quarterly you should expect up to $2500 . It can be more or less depending on various factors
VIC?
Variable Incentive Compensation, as opposed to Target Incentive Compensation (TIC). TIC is directly tied to Sales quota.
I’ve an upcoming interview with the Redhat.Can you please share your interview process?@charter
Mine was exactly what they have online. Another ex charter coworker though had coding interview rounds. I guess it matters on the team
Prorated bonus willl be there for the period