Thread regarding Anadarko Petroleum Corp. layoffs

OXY Bonus Formula

How is OXY’s bonus formula determined?

At APC you have a target %, the higher up the food chain the higher the %. Mid level is 10 - 20% of your salary.

Around Feb the EC spits out a magic number, usually between 1.25 and 1.5 based off company performance.

You multiply salary times target times EC number +- 10% based on personal performance.

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| 2562 views | | 1 reply (July 21, 2019) | Reply
Post ID: @OP+10876upV

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Similar methodology to Oxy's bonus calculation. Timing is also similar.

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Post ID: @1hix+10876upV

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