From 102a485a6bfeea861ee7e14075ad94c45cb50466 Mon Sep 17 00:00:00 2001 From: Pavel Kozlov Date: Tue, 7 Jul 2020 04:51:27 +0200 Subject: [PATCH] contents: Fix typo in Alice compensation example (#168) --- contents/understanding-compensation.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/contents/understanding-compensation.md b/contents/understanding-compensation.md index 44227ce7..35ceb025 100644 --- a/contents/understanding-compensation.md +++ b/contents/understanding-compensation.md @@ -35,7 +35,7 @@ Bonuses are usually paid on a semi-annual basis and are typically dependent on a - Alice is an Engineering Manager with 10 years of professional experience. Her base salary is 220,000, is an experienced engineering manager (seniority multiplier: 20%), exceeded expectations for the half (individual performance multiplier: 150%) and her company did pretty awesome (company performance multiplier: 130%). For that half, her bonus will be as follows: - - **Bonus:** 200,000 x 50% (half a year) x 20% (seniority) x 200% (individual performance) x 130% (company performance) = 39000 + - **Bonus:** 220,000 x 50% (half a year) x 20% (seniority) x 150% (individual performance) x 130% (company performance) = 42900 Hence the amount of bonus you receive can be highly variable and senior employees get a higher proportion of their compensation from bonuses.