My daughter just received an offer that states "Total remuneration for this position will be $55,000. This amount consists of your annual base salary of $50,000, paid on a bi-weekly basis, and your variable pay in the amount of $5,000 paid annually."
This company does offer an immediate vesting and match of 5% for the 401... and I can't for the life of me figure out what this $5k of variable pay is (I initially thought it was the 401 match, but paying it out annually doesn't make sense, and the amount doesn't make sense), and whether the company is being above-board with their total salary amount (by lumping this mystery $5k in).
She currently makes $50k and is growing increasingly unhappy at her job. The bennies of this offer are otherwise solid--PTO is ok at a few days less than she currently gets (18 now, they are offering 15). Thoughts on whether she should take the job and whether she should negotiate up the salary and/or PTO?
TIA!
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