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Old 1st May 2014, 06:40
  #88 (permalink)  
ramius315
 
Join Date: Jul 2011
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You shouldn't be wanting a profit share.

Unless you are planning on leaving in the next 12 months then it is the worst reward you could be given.

What you should be looking for is a substantial increase in the basic salary which has fallen to a very poor level. Anything less than a 17% increase on that and you have lost. The inflation level around the world - not just the ridiculous nature in Dubai - is quite staggering, and putting salaries to a very low level in real terms

Get that 'catch up to inflation' pay-rise first, and then a profit share on top is a reward. Get a 6 week or 8 week or 10 week profit share, with a normal incremental increase in salary and you have really lost out.

Do the sums and you'll see why that one-off profit-share with no substantial increase in monthly salary is a 'bonus' for the company, and not you.
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