Cisco bonus payments

New
gg wp

New

gg wp
Nov 29, 2021 10 Comments

Received a Grade10 offer for a SWE role. Recruiter mentioned 2 different bonuses
1- 15% depends on company/team/my performance
2- Individual performance

Could you share (or dm if you don't feel comfortable) what did you get for above bonuses in last couple of years?

Even though I really like the team, the offer I received is slightly better than what I'm currently making and I'm not really comfortable accepting this offer. So I want to believe I can get something from these two bonuses :/

Offer TC: $220k

#cisco #ciscobonus #ciscosalary #ciscocareers

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TOP 10 Comments
  • Cisco
    inr

    Go to company page Cisco

    inr
    Bonus amount * CPF * IPF

    Example, bonus amount = 100, ipf = 1.4, CPF = 1.1
    You get 100*1.4*1.1

    My ipf for the past few years - 1.8, 1.9, 1.3, 1.4

    CPF is mostly around 1. During pandemic year it was slightly less then 1 but mostly it's around that
    Nov 30, 2021 2
    • New
      gg wp

      New

      gg wp
      OP
      What is the bonus amount in your example? Is it base salary * bonus percentage (15% in my case)?

      Recruiter explained this to me like I'll be getting 2 different bonuses, but looks like it is two different multipliers - company/team performance (CPF?), and my individual performance (IPF?) and 1 bonus payment. Did I get it right?
      Nov 30, 2021
    • Cisco
      borintiger

      Go to company page Cisco

      borintiger
      So the bonus payments will be made twice a year. Mid year you will get half of target bonus. End of the year you will get the remaining based on ipf and cpf
      Dec 1, 2021
  • Cisco / Eng
    OrdoAbChao

    Go to company page Cisco Eng

    OrdoAbChao
    You get a target bonus figure which is a percentage of salary. It is then multiplied by tenure, corporate performance, individual performance. Tenure being how much of the year you were employed. Some years an advance payment, say half, is paid earlier in the year.
    Nov 29, 2021 2
  • FedEx
    QevA55

    Go to company page FedEx

    QevA55
    What was the base pay for this role ?
    Nov 30, 2021 0
  • Cisco / Eng
    keeE12

    Go to company page Cisco Eng

    keeE12
    Grade 10 220k. This is not great. Please keep looking even if you accept.
    Dec 2, 2021 2
    • New
      gg wp

      New

      gg wp
      OP
      Yeah I sadly agree. It was almost same as my competing offer for a remote role, and it was a lot less than what I shared as expected salary. They didn't want to negotiate and said it's final numbers so I rejected 🤷‍♂️

      So honestly this question is no longer relevant 😄But I'll keep it for future visitors.
      Dec 2, 2021
    • Cisco / Eng
      keeE12

      Go to company page Cisco Eng

      keeE12
      So you rejected Cisco? Best decision ever.
      Dec 2, 2021