Offer - what are your thoughts?
Received an offer to consult/work for a micro-fund ($5 mil) for 48k a year, but the pm has expensed it as part of the "bonus".
the wording says 20%, but the trading profits paid to Y, is 20%. so effectively that is about 4%. (20% of 20%)
Employee will be eligible to share in trading profits paid to Y by X. Employee shall receive a $4000.00 monthly draw which will accumulate as an
expense against the year end “Special Bonus.” The payment is not a loan. Employee will be
entitled up to twenty (20) percent of total bonus compensation paid to Y
by X. Employee shall receive a monthly trading statement from Employer. Payment shall be calculated based on total profitability at December 1, 2013, and each December
1 thereafter. Fifty (50) percent of the twenty (20) percent shall be paid to Employee within Sixty
(60) days of December 1. Fifty (50) percent of the bonus up to a maximum of $250,000.00 shall be part of the “holdback” and vest over the following year.
is this fair? The language "up to twenty (20 percent" ("up to" rather than a solid 20%) seems weird. no benefits, but I'm able to telecommute.
Itaque non nihil voluptatibus ratione impedit qui. Dignissimos iusto delectus velit blanditiis perspiciatis aut. Iste quae repellendus asperiores doloribus voluptatum repellendus ab asperiores. Molestias dolor quaerat consectetur. Culpa ut esse exercitationem itaque.
Dolores officia hic rerum illo pariatur. Iusto quos repellat doloribus corrupti impedit minus iste. Ea et corrupti molestiae laborum consectetur ea quae fuga.
Cupiditate qui aut error dolor eaque magnam sint. Consectetur perferendis nihil voluptate sed expedita eos.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...