What to include during past salary negotiations
January 14, 2012 11:38 AM Subscribe
Do year-end bonuses and one-time bonuses count towards salary when discussing past pay with a prospective new employer?
posted by 6spd to work & money (12 answers total) 1 user marked this as a favorite
I have a base salary plus a year-end merit bonus that's calculated as a % of base based on performance.
If I'm interviewing for a new firm and they want to know my past salary, then I would obviously include the base + bonus, correct (since it's pretty much guaranteed comp)?
But, I'm in a situation where I'm getting a series of one-time bonuses that were not guaranteed in my contract and they're being grossed up for taxes. So, for example, let's say my grossed-up bonus is $1,000 after taxes. Then I'm theoretically getting $1,300+ before taxes. Would that before-tax bonus of $1,300+ count towards my income as well?
I'm just wondering if it's allowed/ethical to include such one-off bonuses to, I guess, inflate your past pay in order to secure a higher compensation package with a prospective new employer.