So the company I work for doesnt believe in raises

LuckyTaxi

Diamond Member
Dec 24, 2000
6,044
23
81
So I just learned that we don't get annual raises, but yearly bonuses that is based on your performance. Apparently you're supposed to take the bonus and divide it between 12 months, holding it in your account and act like it's your raise for the upcoming year in one lump sum.
How on earth is someone supposed to be able to raise a family if they wanted to start one or make new purchases (car, house, etc...). No cost of living raises whatsoever!

Oh and the bonus is subject to taxes. So let's say you make $40,000. 5% bonus is $2000 before taxes. So for the next 2 yrs or how many years you still work there, you will probably get the same or a little more. Ugh, wish someone told me this before I got on board.
 

LuckyTaxi

Diamond Member
Dec 24, 2000
6,044
23
81
exactly. i came from another company not to long ago so i dont want to job hop. makes my resume look bad.
I can't imagine how the ppl who have been here for quite some time survive!
one guy said he's gotten the same bonus amount every year for the past 6 yrs!
 

Regs

Lifer
Aug 9, 2002
16,666
21
81
Do what the rest of them do. Collect disability for 6 months then quit.
 

GuitarDaddy

Lifer
Nov 9, 2004
11,465
1
0
Thats called a company trying to hold on to survival. No decent profitable companys treat their employees that way. I bet the turnover rate is quite high there.

Definately something you should ask about in interviews, not something you should find out once your already on the job.
 

preslove

Lifer
Sep 10, 2003
16,754
64
91
Damn, that's just asking for huge turnover. Put in your time then get the hell out of there.
 

LuckyTaxi

Diamond Member
Dec 24, 2000
6,044
23
81
Originally posted by: GuitarDaddy
Thats called a company trying to hold on to survival. No decent profitable companys treat their employees that way. I bet the turnover rate is quite high there.

yes it is and from what im hearing, the economy is killing our business and sales are way down. not good.

if i look now it might not look good for prospective companies interviewing me but i gotta do what's best for me.
 

misle

Diamond Member
Nov 30, 2000
3,371
0
76
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)
 

LuckyTaxi

Diamond Member
Dec 24, 2000
6,044
23
81
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
 

Jeff7181

Lifer
Aug 21, 2002
18,368
11
81
If you didn't ask about raises, bonuses, or promotions during your interview, I'm assuming you were desperate for a job and wouldn't have turned it down if they said you won't get regular raises and there's no potential for promotion and you get the same bonus this year that people got 20 years ago. Beggars can't be choosers.
 

her209

No Lifer
Oct 11, 2000
56,336
11
0
"You don't strike, you just go to work everyday and do your job real half-ass. That's the American way!"

-Homer Jay Simpson
 

SmoochyTX

Lifer
Apr 19, 2003
13,615
0
0
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

:laugh:
 

LuckyTaxi

Diamond Member
Dec 24, 2000
6,044
23
81
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

you can off yourself. i swear ATOT has gone downhill w/ these stupid responses. worst than little kiddies typing "First" on some of the other boards i frequent.

 

Eeezee

Diamond Member
Jul 23, 2005
9,922
0
76
That's a pretty bad deal. Most companies give out raises AND bonuses for a job well-done. That just makes sense; give a bonus for immediately good performance, give a raise for long-term good performance.

But if it's a nice gig without much pressure, perhaps you should man up and stop bitching. If your yearly bonus is large enough, it'll cover any money you'd have gotten from a raise anyway.
 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Originally posted by: lilcam
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

you can off yourself. i swear ATOT has gone downhill w/ these stupid responses. worst than little kiddies typing "First" on some of the other boards i frequent.

Some would say that a person too dumb to ask about salary increases, bonuses, etc...during a job interview calling someone else stupid would be highly ironic.

Some would....
 

waggy

No Lifer
Dec 14, 2000
68,143
10
81
Originally posted by: lilcam
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

you can off yourself. i swear ATOT has gone downhill w/ these stupid responses. worst than little kiddies typing "First" on some of the other boards i frequent.

well he didn't call you dumbass. he was just tempted to..
 

AlienCraft

Lifer
Nov 23, 2002
10,539
0
0
Originally posted by: lilcam
exactly. i came from another company not to long ago so i dont want to job hop. makes my resume look bad.
I can't imagine how the ppl who have been here for quite some time survive!
one guy said he's gotten the same bonus amount every year for the past 6 yrs!
There is no loyalty in a Corporation towards you. They would fireyou faster than you can blink.
Do what is good for you, it's the corporate mantra that holds for employees as well.

 

SmoochyTX

Lifer
Apr 19, 2003
13,615
0
0
Originally posted by: lilcam
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

you can off yourself. i swear ATOT has gone downhill w/ these stupid responses. worst than little kiddies typing "First" on some of the other boards i frequent.
Then stop complaining about a job that it seems you like yet don't get raises in. You're the one that says you're going to stick around for a year there. If future raises were so important to you, then you'd find another job. Of course, it would have been prudent of you to have inquired about that during the interview process. But whatever makes you happy....
 

shiner

Lifer
Jul 18, 2000
17,112
1
0
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: SmoochyTX
Originally posted by: lilcam
Originally posted by: misle
Have you talked with your boss about this? Did you not ask about salary/bonus and advancement during the interview?

I would voice my displeasure and tell them that if I had known this was the case I would not have accepted the position. Then work your ass off. When a year is up, ask them if they want to keep you as an employee. Time to re-negotiate.

(anyone think that would work?)

Honestly, it wasnt even a question I had "Do you guys give out raises?" I thought that was a no-brainer. I could care less about a bonus but a raise would be nice! However, I was told bonuses would push my payscale up, but who the hell knew come review time that they dont adjust for cost of living?

I'll stick around for a year since it's a nice gig with not much pressure but I have cut back the amount of work I do off hrs and only work when I'm in the office.
Between this thread and your divorce thread, I'm tempted to call you a dumbass.

you can off yourself. i swear ATOT has gone downhill w/ these stupid responses. worst than little kiddies typing "First" on some of the other boards i frequent.
Then stop complaining about a job that it seems you like yet don't get raises in. You're the one that says you're going to stick around for a year there. If future raises were so important to you, then you'd find another job. Of course, it would have been prudent of you to have inquired about that during the interview process. But whatever makes you happy....

B..b...b...b....b....but it is someone else's fault!!!
 

mugs

Lifer
Apr 29, 2003
48,920
46
91
Originally posted by: Jeff7181
If you didn't ask about raises, bonuses, or promotions during your interview, I'm assuming you were desperate for a job and wouldn't have turned it down if they said you won't get regular raises and there's no potential for promotion and you get the same bonus this year that people got 20 years ago. Beggars can't be choosers.

Have you ever had a real job? :confused: