"Bonus of up to 49.5% of salary"
Discussion
MBDA, anyone work there?
Their adverts, at least above a certain pay grade have that line in there.
Does that ever pay at that level? Or does it require not only outsized company profits, but immense personal performance, and a squirrel called Gerland to sing in the moonlight on a bank holiday Feb 30th?
As in, good headline, but is it b
ks?
Their adverts, at least above a certain pay grade have that line in there.
Does that ever pay at that level? Or does it require not only outsized company profits, but immense personal performance, and a squirrel called Gerland to sing in the moonlight on a bank holiday Feb 30th?
As in, good headline, but is it b
ks? macron said:
MBDA, anyone work there?
Their adverts, at least above a certain pay grade have that line in there.
Does that ever pay at that level? Or does it require not only outsized company profits, but immense personal performance, and a squirrel called Gerland to sing in the moonlight on a bank holiday Feb 30th?
As in, good headline, but is it bks?
It’s an interesting place to work Their adverts, at least above a certain pay grade have that line in there.
Does that ever pay at that level? Or does it require not only outsized company profits, but immense personal performance, and a squirrel called Gerland to sing in the moonlight on a bank holiday Feb 30th?
As in, good headline, but is it b
ks? 
By their very nature, bonuses are going to be “up to”.
I really enjoyed my time there although that was some time ago now. I left as the pay structure just lost pace with what could be achieved elsewhere in the industry. Every time I looked back at similar roles advertised, the situation still seemed to be the same. Carrot coloured bonus payments are never going to be a viable substitute for a competitive salary - assuming a continuity of my experience, the contract text will state that bonuses are discretionary and can be withdrawn or varied at any time.
Edited to add that you might want to look across the road for an equally interesting environment that may shift some of that elusive bonus to base salary. Again, things change and my experience is a while ago.
I really enjoyed my time there although that was some time ago now. I left as the pay structure just lost pace with what could be achieved elsewhere in the industry. Every time I looked back at similar roles advertised, the situation still seemed to be the same. Carrot coloured bonus payments are never going to be a viable substitute for a competitive salary - assuming a continuity of my experience, the contract text will state that bonuses are discretionary and can be withdrawn or varied at any time.
Edited to add that you might want to look across the road for an equally interesting environment that may shift some of that elusive bonus to base salary. Again, things change and my experience is a while ago.
Edited by FlyVintage on Wednesday 26th March 07:18
macron said:
MBDA, anyone work there?
Their adverts, at least above a certain pay grade have that line in there.
…….
Can you link to an example? On their website most jobs just make reference to a generic company wide bonus, which I believe is typically a few £K. Maybe more now as presumably they’re going gangbusters at the moment.Their adverts, at least above a certain pay grade have that line in there.
…….
I only saw one, for a biz dev job, which had a percentage and that was 37.5%. Normally in sales related jobs if you aren’t making the bonus then you’re getting fired anyway.
For a very senior job the bonus would be a lot of money so you’d be expecting (and expected) to get it.
Zero Fuchs said:
Not 
I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
That certainly wasn’t the case when I worked there and I can think of few fields more interesting to work in than aerospace. But of course that is only a personal opinion. I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
For what it’s worth; cost plus contracts for everything but the most blue-sky developments are long in the past. Competitively tendered fixed price is the norm now so yes, efficiency is key as shareholders kind of expect a return
FlyVintage said:
Zero Fuchs said:
Not
I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
That certainly wasn’t the case when I worked there and I can think of few fields more interesting to work in than aerospace. But of course that is only a personal opinion. I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
For what it’s worth; cost plus contracts for everything but the most blue-sky developments are long in the past. Competitively tendered fixed price is the norm now so yes, efficiency is key as shareholders kind of expect a return
In fairness they made noises about 'streamlining' and 'cost saving' the last time I was there but all I saw were people leaving in droves as usual. The place is a comedic mess AFAIC.
I suspect this carrot of a bonus is to attract people who've never come across MBDA before and think it looks too good to be true.
Zero Fuchs said:
Sounds nice but if there was a push for efficiency, there was none at any of the three times I worked there over a 10 year period!
In fairness they made noises about 'streamlining' and 'cost saving' the last time I was there but all I saw were people leaving in droves as usual. The place is a comedic mess AFAIC.
I suspect this carrot of a bonus is to attract people who've never come across MBDA before and think it looks too good to be true.
It certainly sounds like you didn’t enjoy your time there! Oh well, experiences differ and I can honestly say that I did. Regardless, we can at least agree that the bonus carrot seems suspect, though I can’t imagine many thinking people are going to take such figures at face value. In fairness they made noises about 'streamlining' and 'cost saving' the last time I was there but all I saw were people leaving in droves as usual. The place is a comedic mess AFAIC.
I suspect this carrot of a bonus is to attract people who've never come across MBDA before and think it looks too good to be true.
FlyVintage said:
Zero Fuchs said:
Sounds nice but if there was a push for efficiency, there was none at any of the three times I worked there over a 10 year period!
In fairness they made noises about 'streamlining' and 'cost saving' the last time I was there but all I saw were people leaving in droves as usual. The place is a comedic mess AFAIC.
I suspect this carrot of a bonus is to attract people who've never come across MBDA before and think it looks too good to be true.
It certainly sounds like you didn’t enjoy your time there! Oh well, experiences differ and I can honestly say that I did. Regardless, we can at least agree that the bonus carrot seems suspect, though I can’t imagine many thinking people are going to take such figures at face value. In fairness they made noises about 'streamlining' and 'cost saving' the last time I was there but all I saw were people leaving in droves as usual. The place is a comedic mess AFAIC.
I suspect this carrot of a bonus is to attract people who've never come across MBDA before and think it looks too good to be true.
I've a mate still there who's looking to retirement more than anything and has started to reach the levels where bonuses are paid, but so far in the 10-15% of salary. So it is possible but you'd have to be pretty far up the greasy pole and even then I'm not sure if 49.5% is achievable.
Sheepshanks said:
Can you link to an example?
https://www.mbdacareers.co.uk/job/head-of-commercial/stevenage-bristol/R27153(weird photo of that person!)
Although as a pleb in the same reporting chain, after 18 million requirements, it's 5%
https://www.mbdacareers.co.uk/job/principal-commer...
Strange way to incentivise behaviours.
FlyVintage said:
Edited to add that you might want to look across the road for an equally interesting environment that may shift some of that elusive bonus to base salary. Again, things change and my experience is a while ago.
Feel free to be less cryptic, it's not for long retired me I am very pleased to say!Edited by FlyVintage on Wednesday 26th March 07:18
Zero Fuchs said:
Not
I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
I was happy working there as a sub contractor, and a good friend of mine is there at present in a job he actually enjoys with colleagues who are great to work with. It’s the happiest I’ve seen him for a very long time. I've heard 'Meetings Before Doing Anything' or MBDelay.
But hey, when you're being bankrolled by governments, who cares.
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