Quick questions...
1. What is LOL? see it all over pprune but never heard of it elsewhere!
2. Referring to
"Bonus - 2yr anniversary = 5% basic, 5yr = 10%, 10yr+ = 15%"
Is this 5% basic in years 2,3,4 then 10% in years 6,7,8,9 then 15% in years 10,11,12.....?
Or is it 5% in year 2, 10% in year 5, 15% in year 10.
Also is the 5% based on your annual basic salary i.e. 5% is a bonus of £4925?
Lastly is this bonus guaranteed and written in the contract? Or is it discretionary/performance based?
Thanks!