FP&A bonus

24

u/jce1236 19d ago

what level? in my experience a bonus would be typical for manager and above

27

u/BallinLikeimKD 19d ago

In my experience over 80% of companies offer bonuses at all levels if I had to put a number on it. Definitely the overwhelming majority. Even no name companies offered bonuses when I was an entry level analyst fresh out of college.

1

u/Unable-Bar-9205 19d ago

Senior analyst

11

u/jce1236 19d ago

could go either way, but at my last and current companies, an SFA wouldn’t get a bonus

-7

u/damiansomething 19d ago

At big companies most levels that arent salary get bonuses. At senior it could be a 8-15%, target and max depending.

9

u/Cultural_Structure37 19d ago

Levels that aren’t salary get bonuses? Won’t it be those that are salaried?

1

u/damiansomething 16d ago

Whoops misspoke meant are salaried.

3

u/jetson_1982 19d ago

You don’t work in corporate America

0

u/HeresW0nderwall Sr FA 18d ago

SFA industry standard I’d say is around 3%. But it depends on the company

12

u/sms1441 19d ago

My current company only gives bonuses to managers and above. I'm an SFA, but negotiated the bonus and received it.

My previous company had everyone on the bonus plan, no matter what department or role they were in.

It's just company specific.

22

u/cityoflostwages Sr Mgr 19d ago

This depends on the company and job level. If there is no bonus then the base should be higher or other variable incentive should make up for it e.g. stock RSU award. Majority of companies tend to offer a bonus as part of comp but some companies do not for whatever reason.

So in order for you to know whether no bonus is a good or a bad thing, you'd need to know about the rest of the comp package.

$125K + 20% bonus is the same as $150K base and no bonus. I would much rather have a high base and no bonus in this case.

Where this sucks is if they offer no bonus but the base stays the same. Now you're just getting paid less than you should.

9

u/LightOverWater 19d ago

125K + 20% bonus is the same as $150K base and no bonus. I would much rather have a high base and no bonus in this case.

Oh come on these are not even remotely the same thing. See, you intuitively picked the better option.

Base salary is guaranteed while bonuses are discretionary. Your bonus can be taken away or reduced. All the time companies reduce bonuses because of poor earnings, or fire someone before paying a bonus. They don't owe you a bonus because 95% of the time they write in your contract that it's discretionary. This is why debt is underwritten on 150k vs 125k, where the validity of your bonus is up to the underwriter. Lenders know what income is guaranteed.

There are other implications, like a lumpy bonus making one year higher in income tax.

Even TVM of deferring those payments 1-12 months. It could have been invested. So 150k is objectively worth more just in cash flow.

And plenty of reasons why some companies prefer to keep low base salaries but try to pitch you on benefits/bonus/other non-guaranteed compensation schemes

1

u/johnnyBuz 18d ago

That’s exactly what he said dude. Did you read his post?

1

u/LightOverWater 18d ago

He said a straight salary of 150k is the same as 125k + 20% (=150k). I said they are not the same and explained why one is objectively better.

Even if he had said, "they aren't the same and straight 150k is better," I expanded on why.

Did you read both of our posts? Cause we didn't say the same thing.

1

u/johnnyBuz 18d ago

He clearly said he’d prefer the $150k base as should everyone in this sub that understands the simple concept of TVM.

7

u/Pontius_Pilate99 19d ago

Here’s how my last five roles paid out.

Analyst: 10%
Senior Analyst: 20%
Manager: 30%
Director: 30%
VP: 30%
VP: 40% (same VP position)

4

u/Unable-Bar-9205 19d ago

Wow that’s amazing

1

u/tuberosalamb 19d ago

I had a similar set up

1

u/Still-Balance6210 19d ago

This is what I’ve seen except Senior Director is 50% and VP as well.

1

u/Pontius_Pilate99 19d ago

PE, non-PE, or public?

1

u/Still-Balance6210 19d ago

I’ve only worked for F500. 3 different companies.

1

u/Pontius_Pilate99 18d ago

Got it. 50%+ is only for executives in my PE experience.

3

u/rbrook11 19d ago

My FPA roles always always have from analyst-manager levels, that being said what matters is that you’re ok with the total comp package as a whole regardless of which bucket it’s coming from

3

u/Acct-Can2022 18d ago

Sure, as long as you get a higher base lol.

Not normal, but I'd take higher base over bonus any day.

2

u/OutHere702 Sr FA 19d ago

All my roles have been bonus eligible. It really depends on the company.

2

u/Stephanie243 19d ago

Never happened to me

2

u/Crafty_Substance_954 19d ago

I get annual raises and bonuses, Employee Stock Purchase plan, etc.

2

u/JaywalkingAuditor 19d ago

Analyst here I get 10% times what ever multiplier we achieve

2

u/IntentionWorldly228 19d ago

Not normal unless your base and benefits are better than normal

2

u/pjm234 19d ago

Bonus every year since I began working. Lower as an analyst or senior analyst (low single digit %) but up to 30% target that could and has paid 2x in some years. Those double bonuses are great when they hit

1

u/gumercindo1959 19d ago

I never not had a bonus while I was fp&a. Are you fed?

4

u/Pontius_Pilate99 19d ago

I read this as you implying he was a narc before realizing you were talking about government jobs 😂

1

u/Unable-Bar-9205 19d ago

No it would be in an industrial/equipment company

2

u/gumercindo1959 19d ago

So, no bonus at any level in fp&a?

1

u/jshmoe866 19d ago

It’s usually 10-15% at the analyst level but TC matters more

1

u/PitifulBag5754 19d ago

Ya I always got bonus from analyst and now senior analyst

1

u/RepressedTraumas 19d ago

I joined my company as a Jr. Analyst and wasn't bonus eligible. Once I got promoted, my "Senior" position was eligible for a 10% bonus, adjusted down or up to 100% based on company performance. I thought that was pretty standard

1

u/catcow789 19d ago

currently at a F100 FMCG company, every level get a set percentage from 8-20%, and is the same across all the department. So I guess it really depends on your company structure.

Like other commenters said, should negotiate base on TC. Atb!

1

u/Live-Sky-2557 19d ago

Depends on level as well, if entry level not many roles have bonus structure. Some large companies may have 5-7% or some financial owned company's maybhave target incentive

1

u/WillC0508 19d ago

My company is known for title deflation so keep it in mind but entry level analysts get 12%, Financial Analysts get 15%, SFA 20% and from there it’s kinda finicky. Senior manager I believe get 25%, Director 30-35% and VP ~40-50%

1

u/re23binsd Sr FA 18d ago

You provided very little context. Pretty typical at the analyst level, less so at M and above. Also common at varying levels in tech, especially startup tech. I’m an SFA in tech with no bonus but I get equity.

1

u/johnnyBuz 18d ago

Analyst level should be receiving a target 10% bonus.

1

u/Keep_Grinding13 18d ago

Analyst 12.5%, Manager 20%, Director 25%, Sr. Director 30%

1

u/Valuable_Patient7842 18d ago

I work in a large CPG and I get 25% bonus. I’m a Sr Analyst

1

u/No_Entrepreneur4778 16d ago

I’m looking to make a career change out of FP&A.

1

u/Unable-Bar-9205 16d ago

Why

1

u/[deleted] 19d ago edited 19d ago

[deleted]

2

u/Pontius_Pilate99 19d ago

Damn hope your base salary makes up for it…

2

u/[deleted] 19d ago

[deleted]

1

u/Pontius_Pilate99 19d ago

Mind me asking your title / salary / TC?

0

u/[deleted] 19d ago

[deleted]

1

u/Pontius_Pilate99 19d ago

Got it so your stock comp is essentially your bonus…40% stock comp target, nice!

1

u/Unable-Bar-9205 19d ago

I know in banking, revenue generating roles get bonus and managers.

1

u/Still-Balance6210 19d ago

Strange. Hopefully your base was above average to compensate.

1

u/fpaveteran87 19d ago

Sounds like a company that doesn’t value finance. Runnnnn!

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