Skip to main content

Market-neutral work and pay guide

Raise, bonus or stock compensation: compare timing and uncertainty

Compare guaranteed, contingent and deferred compensation on one horizon while keeping face, expected, vested and realised value distinct.

Classify timing and certainty before comparing amounts

Compensation forms are not interchangeable
FormTimingValue label to retain
RaiseRecurring after effective dateEntered guaranteed-pay scenario
BonusPayment date and conditionsStated or contingent amount
Equity face valueGrant and vest scheduleHeadline amount, not realised cash
Expected/vested valueScenario horizonAssumption-labelled value
Realised valueAfter actual eventDo not forecast as guaranteed

Choose the specialist model for each component

For recurring pay change, use the Pay raise guide, use the Pay raise calculator, and inspect its methodology.

For a bounded bonus scenario, use the Bonus guide, use the Bonus calculator, and inspect its methodology.

For the package ledger, use the Total compensation guide, use the Total compensation calculator, and inspect its methodology.

For instrument-neutral uncertainty, use the Equity compensation value guide, use the Equity compensation value calculator, and inspect its methodology.

For an RSU schedule, use the RSU vesting value guide, use the RSU vesting value calculator, and inspect its methodology.

For option-specific inputs, use the Stock option offer value guide, use the Stock option offer value calculator, and inspect its methodology.

Test uncertainty and prevent double counting

  • Choose one horizon and map effective, payment and vesting dates.
  • Keep face, expected, vested and realised values in separate rows.
  • Retest uncertain shares without calling them forecasts.
  • Transfer only one selected equity interpretation into total compensation.
  • Record cash preference, concentration risk and career fit qualitatively.

Frequently asked questions

Is headline grant value the same as cash compensation?
No. Vesting, realizability, instrument terms and timing separate a headline grant from realised cash.
Does this guide recommend cash or equity?
No. It structures the comparison and keeps uncertainty visible without selecting a preferred form.

Sources checked

Change history

  1. August 1, 2026Added reciprocal routing to the guaranteed-target-expected pay distinction and the nominal-real-lifetime raise decision guide.
  2. July 28, 2026Published Raise, bonus or stock compensation: compare timing and uncertainty.