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Project Manager % Bonus

Wavey · 2015-02-02 13:00:09

Afternoon all, I am trying to establish a fair % bonus for an upcoming salary negotiation. I'd fall into the "PM with 5-10 years experience" bracket. Currently at 8% and my feeling is that is low. (This is a maximum achievable figure) Appreciate any comments. Wavey.

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02-02-2015 2:00pm

#1

Wavey

Registered Users Posts: 861 ✭✭✭

Join Date: January 2003

Posts: 577

Afternoon all,

I am trying to establish a fair % bonus for an upcoming salary negotiation.
I'd fall into the "PM with 5-10 years experience" bracket.
Currently at 8% and my feeling is that is low. (This is a maximum achievable figure)

Appreciate any comments.

Wavey.

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#2 02-02-2015 2:12pm
Escapees

Registered Users Posts: 604 ✭✭✭

Join Date: May 2012

Posts: 515

Bonuses really depend on whether PM targets were achieved and related performance. Also depends on your base salary/wage level which might be on the high side if max bonus % is on low etc.

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#3 02-02-2015 10:28pm
Turbulent Bill

Registered Users Posts: 1,622 ✭✭✭

Join Date: September 2006

Posts: 1511

Can you benchmark the bonus against what's typical in the industry? I've noticed a lot of recruitment firms are advertising their salary surveys, could be useful as backup.

Do they actually pay up to the achievable bonus, or is this just notional? Not much point negotiating for 20% (just as an example) when the effective ceiling is 5%, and you could use your leverage on something attainable.

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