
#079 Andrew Wilkinson: De-risking Leverage, Investing vs. Operating, and the Best Part About Business [Replay]
Smart Friends
Understand the Structure of Compensation
Many individuals overlook the intricacies of compensation structures, particularly the distinction between base salary and variable components like bonuses and equity. Understanding that a significant portion of total compensation may depend on performance metrics can demystify salary expectations. Recognizing this helps in evaluating job offers and assessing realistic earning potential, encouraging a focused approach on achieving goals that trigger these variable rewards.
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