Work bonuses: Do you get them and how much?

jtvang125

Diamond Member
Nov 10, 2004
5,399
51
91
I'm in IT and we get a bonus of $500 for completing or meeting the required hours for our given tasks, which basically are just tasks that are part of my job descriptions. The only way not to get that monthly bonus is if I just totally slacked off and didn't care.

$6000 a year in bonuses isn't very bad for just doing my job.
 

Phoenix86

Lifer
May 21, 2003
14,644
10
81
Yes, end of the year bonus up to 10% of my salary. Last two years it's been about 7-8%.
 

Garion

Platinum Member
Apr 23, 2001
2,331
7
81
Yes, I have a target bonus of 15% of my salary. That can go up or down depending on my review.

- G
 

BlackAdam

Senior member
Jul 16, 2004
729
0
0
"It's been widely reported that store employees are eligible for a quarterly performance bonus-- if the store meets or exceeds a sales goal, part-time employees (at least 250 hours during the quarter) receive the full $500 bonus, and full-timers (avg. 32 hours a week) receive a $1,000 bonus."
 

FoBoT

No Lifer
Apr 30, 2001
63,084
15
81
fobot.com
it varies by job code, from 0% to 20%

but that is only the median/target amount

a complex formula decides what percent of that percent everyone gets each year. if we hit targets dead on , i get 15%
if it is a bad year, then the bonus may only be 50% of target, so i would get 7.5%
 

PClark99

Diamond Member
Jan 12, 2000
3,832
72
91
Last year I got about $3k. Which in my business I was very happy about. I am in environmental consulting.

My brother got a bonus of about $165k, but he puts in 80-90 hrs weeks. He is in investment banking.

 

redgtxdi

Diamond Member
Jun 23, 2004
5,464
8
81
Yes........

Approximately 10% of a 30 day running average of a combined 6 months worth of the company's sales. Twice a year.

This'll actually be my first year doing that, but before I usually got an *unknown* amount of bonus which was all over the place from year to year, so the fact that I made him lots of money over the last decade incurrs such profit.

I actually pull more out of my location at the company than the owner does.......but that's how it should be, right??

LOL!!!
 

PTCvette

Banned
Sep 26, 2002
870
0
0
I get a xmas bonus at the end of the year.... an $80 wal-mart gift card :( No kidding. That's it, nothing more. Better than nothing I guess! I usually take the card and buy $80 worth of beer to drown the sorrows of having a crappy job :)
 

D1gger

Diamond Member
Oct 3, 2004
5,411
2
76
My profit sharing bonus last year was $82,127 (before tax), but that was an exceptional year. I don't expect it will be more than $50,000 this year.
 

sygyzy

Lifer
Oct 21, 2000
14,001
4
76
Originally posted by: D1gger
My profit sharing bonus last year was $82,127 (before tax), but that was an exceptional year. I don't expect it will be more than $50,000 this year.

How does a profit sharing bonus work?
 

hans007

Lifer
Feb 1, 2000
20,212
18
81
we get 6% bonus every quarter if we meet revenue expectations. they usually pay it out at 110% actually so i guess its 6.6% a year. sometimes you can get awarded a merit award and get $400-4000 , depends on how much your manager likes you.

generally those awards just go to non exempt employees to "make up" for extra hours that others get OT for.

i got an ipod shuffle once for working on a certain project. some people have been given nanos as of late (generally we are all mad about that since its really unfair who the free bonuses go to since the reason is always for "working hard" which well everyone does)
 

Bryophyte

Lifer
Apr 25, 2001
13,430
13
81
Originally posted by: iwantanewcomputer
no...engineers at huge companies get their salary and a small raise

That's not universally true. My spouse is an EE at a large company and he gets bonuses equal to around 10% of his annual salary (two around Feb, one in July), plus stock options and a raise.
 

brian_riendeau

Platinum Member
Oct 15, 1999
2,256
0
0
I got bonuses last year that ammounted to +15% of my salary. It was split up in 4 quarterly bonuses and one year end bonus.
 

Koenigsegg

Banned
Jun 29, 2005
2,267
1
0
Originally posted by: PClark99
Last year I got about $3k. Which in my business I was very happy about. I am in environmental consulting.

My brother got a bonus of about $165k, but he puts in 80-90 hrs weeks. He is in investment banking.

Is he an associate or VP or what?