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re: Did you get a good raise and/or bonus this year?
Posted on 3/14/24 at 4:43 pm to KillTheGophers
Posted on 3/14/24 at 4:43 pm to KillTheGophers
My company has been pretty much set at a 3% annual raise(unless you've done something to not deserve that), but they make up for it in the annual incentive. We can get up to 25% of total salary and they've gone 125% of that in 2021, 22 and 115% for '23. It works out better than getting a better annual raise.
1
Posted on 3/16/24 at 9:58 am to CharlieTiger
Disagree as a bonus is a one time payment. Your base salary compounds over years. I’ll take base increases over a bonus hitting big.
As salaries increase, 3% can still be a meaningful increase on base. 3% on a $50K base doesn’t do much in absolute dollars but it does at $200K.
As salaries increase, 3% can still be a meaningful increase on base. 3% on a $50K base doesn’t do much in absolute dollars but it does at $200K.
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