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re: Did you get a good raise and/or bonus this year?
Posted on 3/18/24 at 6:52 pm to ell_13
Posted on 3/18/24 at 6:52 pm to ell_13
Bonuses were rough this year.
Cash bonus was 30%, stock bonus (3 year vest) was 20%. Target is 40% cash.
Last year cash bonus was 54%, with a stock bonus of 15%. Target cash last year was 35% (got a title promotion this year that bumped the target to 40%). They paid slightly above target on the stock this year to try and soften the blow.
Frankly, it was expected. We missed our budget. Interest rates killed M&A activity.
Raise was 3%, which we basically get every year, it’s never better.
Cash bonus was 30%, stock bonus (3 year vest) was 20%. Target is 40% cash.
Last year cash bonus was 54%, with a stock bonus of 15%. Target cash last year was 35% (got a title promotion this year that bumped the target to 40%). They paid slightly above target on the stock this year to try and soften the blow.
Frankly, it was expected. We missed our budget. Interest rates killed M&A activity.
Raise was 3%, which we basically get every year, it’s never better.
This post was edited on 3/18/24 at 7:10 pm
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