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Gordon & Glickson P.C.
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444 North Michgan Avenue
Suite 3600
Chicago, IL 60611-3903
(312) 321-1700
http://gg@ggtech.com
Effective Date: January 2000
Associate Base Salary Bonus Range Bonus Comments Year Low High Discretionary 1st Year $125,000 $26,875 Yes Bonus is hours-based + pool 2nd Year $130,000 $27,750 Yes Bonus is hours-based + pool 3rd Year $135,000 $37,125 Yes Bonus is hours-based & merit-based + pool 4th Year $142,500 $46,313 Yes Bonus is hours-based & merit-based + pool 5th Year $150,000 $48,750 Yes Bonus is hours-based & merit-based + pool 6th Year $157,500 $51,188 Yes Bonus is hours-based & merit-based + pool 7th Year $165,000 $61,875 Yes Bonus is hours-based & merit-based + pool 8th Year $172,500 $64,688 Yes Bonus is hours-based & merit-based + pool
General Salary Comments:
The compensation system for CY2000 is as follows: A 7.5% automatic bonus is paid for 2100 hours. An additional 10% automatic bonus is paid for 2300 hours. In addition, a subjective bonus is available. The subjective bonus is up to $5,000 for first and second years; 10% of base for third years; 15% of base for fourth, fifth and sixth years; and 20% for seventh and 8th years. Finally, the firm gives associates a stake in an investment pool, which holds stock in the firm's clients.Hours (Effective Date: January 2000): 2200 Worked ; 1950 Billed ; 1920 Required (see Base Salary Per Hour Worked chart)
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