Hello Friends, I have received a Verbal Offer (post negotiations) from JPMC for a VP, Product Manager (which basically means Senior OR Staff PM) with 195K Base and Bonus Target 45K. This year's Partial (Guaranteed?) Bonus is capped at 40% of this Target, due to end of the year... Written offer is taking some time (due to final approvals) and I don't think they will negotiate further, due to current market. Role is Hybrid with 3 days in office (about 15 mile drive one way). PS - 16 YOE (with 5.5 as PM)
Is this better than your Workday TC?
Is the bonus only for first year? Also for what location
Get bonus in writing/offer letter and it will be guaranteed. Second year is different, based on performance/lob preformance /ect
How long have you been at JPMC? Have you gotten bonus every year? How can one ask to add bonus % for each year?
The Talent Partner says you will get it... But I believe they dont put this in offer letters - What is the way of guaranteeing the same?
Dint they have layoffs this year?
Yeah VP at chase don’t mean shit. Everybody and their grandmother are VPs lol. You’re like eligible to be a first level managers. You’re gonna be a 603 by the way. Although 195k is pretty good comp depending on where you are.
Thanks friend. I know. I am in the Bay.
Then yeah I’d say 195 is probably normal. I’m in the Midwest and 603s are in the low to mid 100s.
OP can you share initial offer
Have you gotten the written offer letter? I got the verbal offer, am waiting for the written offer letter
Yes
How long did it take to transition from a verbal offer to a written offer?
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Offer looks good. If you join after October, you might not get the bonus. Have this guaranteed by HR.