I've just had my annual salary review, which has caused my remuneration to change.
- My base salary has gone up.
- My potential bonus has shifted from 20%, to 8% minimum (Although it's not really a minimum, you can still get less).
When both changes are taken into account, and if I achieve the 8% minimum, my earnings will be less than last year.
My manager has stated my position is now better because 8% is the minimum, and my bonus is no longer capped at 20%, it is unlimited. In reality however, I know of high performers who have been awarded less than 8%.
My questions are:
Am I in a good position to ask them to match my current potential earnings, by raising the base salary to match (at an assumed 8% bonus).
This happened today, should I pursue this matter ASAP, or is it okay to let it sit for a week or two?