Re: Salary Question: Bonus?

[Gregory P Sweet <gps03 -at- health -dot- state -dot- ny -dot- us>]

Al said:
> I'm a bit confused. I've had companies in the past offer a base salary
> plus bonus based on company profits. Is this what you are saying, or are
> you saying that if you do good, you could get up to an additional 10% of
> your salary as a bonus?  If it's the latter, and you do good, you're
> saying you would make $49.5K with the bonus, still less than the $50K
> they would have offered without the bonus.  Sounds like a way for the
> employer to make the employee work harder for less money.  Maybe I'm
> missing something......

Factor in that bonuses have a higher tax rate (55-60% IME) and that number
comes down even further, $47,025.

-Greg

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