W hile many companies are focused on bringing in those with outstanding technical qualifications, compensation levels are not going to be as aggressive as in other commodity areas. P hysical traders responsibilities differ based on the length of the contract and risk of the deal. O ne of the most difficult areas to quantify is the performance bonus, for which all of the above positions would qualify. This overall percentage is also usually broken up into individual, group and corporate segments. Thus an individual with an unprofitable company who achieves their personal goals, within a group that achieves its goals, will earn some substantial portion of their initial target bonus.
T here are three basic variations in performance plans.
This is the most common bonus plan existing in the industry today. However, in this case the bonus is not capped. This plan allows the individual to earn further increments of their base salary as they hit higher targets. This is a solid plan because it provides incentives to take appropriate risks and provides exceptional rewards for exceptional results. This is the usual type of bonus plan for marketers and analysts.