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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
Posted by Bruco
Charlotte, NC
Member since Aug 2016
2797 posts
Posted on 3/18/24 at 6:52 pm to
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.

This post was edited on 3/18/24 at 7:10 pm
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