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re: Did you get a good raise and/or bonus this year?
Posted on 3/12/24 at 6:08 am to LSUSUPERSTAR
Posted on 3/12/24 at 6:08 am to LSUSUPERSTAR
4% raise and 20% bonus. Just a boring accountant.
0
Posted on 3/12/24 at 12:52 pm to LSUSUPERSTAR
Raise was 4.1%, which was a little less than last year, but company performance was also slightly down from last year.
Bonus just paid out last week & that was 20% of base salary, also a little less than last year's percentage. The bonus target for my position is 15% though, so I was still pleased.
Bonus just paid out last week & that was 20% of base salary, also a little less than last year's percentage. The bonus target for my position is 15% though, so I was still pleased.
Posted on 3/12/24 at 4:30 pm to LSUSUPERSTAR
Retired from a casino 2 years ago when they dropped raises and bonuses .
Posted on 3/12/24 at 4:38 pm to thunderbird1100
quote:
You are WAY out of touch with reality if you think 3.8% is "Crappy"
Thats definitely well above average. There are so many companies that almost never give anything and bog standard is going to be more in the 2-3% range.
That's the problem, we as a society have accepted crap raises giving up so much of our lives to a job that will have no qualms in firing us tomorrow.
But I stay and take it, so it must not be so bad.
Posted on 3/13/24 at 1:14 pm to LSUSUPERSTAR
I got 9.6%. I'm very fortunate. I work in healthcare and we have had more money come our way the last 3 years. I have had two years of at least 9%.
Posted on 3/14/24 at 2:47 pm to LSUSUPERSTAR
No and no
It was expected - no sales production whatsoever.
It was expected - no sales production whatsoever.
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.
Posted on 3/16/24 at 4:06 am to BabyTac
Lol, Louisiana Tech grad? That group thinks 100k is a lotta money 
, congrats on the 3k raise hahaha. You're funny, that's a good one.
I bet you can count on one hand the amount of La Tech grads that make seven figures hahaha
, congrats on the 3k raise hahaha. You're funny, that's a good one. I bet you can count on one hand the amount of La Tech grads that make seven figures hahaha
This post was edited on 3/16/24 at 4:10 am
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.
Posted on 3/17/24 at 11:10 am to lynxcat
4% raise, .8% bonus
Posted on 3/17/24 at 11:19 am to SouthMSReb
quote:
7% raise and 55% bonus.
What ridiculous fields and jobs do yall work in? I've worked for a good sampling of Fortune 100 companies and nobody pays or gives that.
This must be local businesses.
Posted on 3/17/24 at 2:45 pm to DiamondDog
Whole bunch of lying going on in this thread.
Posted on 3/17/24 at 3:35 pm to TigerTatorTots
quote:
4% market adjustment just went out - was higher than expected considering my company did 2% and 3% the years inflation was going wild
Yikes. What industry is this?
Posted on 3/17/24 at 4:01 pm to pbro62
This isn’t the OT; I’ll assume folks are telling the truth. Lying on a message board to a bunch of strangers would be a strange fetish.
Posted on 3/17/24 at 4:26 pm to lynxcat
anyone who does well is obviously lying. there's no such thing as selection bias either.
Posted on 3/17/24 at 6:04 pm to Louie T
This board is full of selection bias…it’s a message board about financial topics. The financially illiterate are rarely going to be spending time browsing
Posted on 3/18/24 at 2:22 pm to notiger1997
7.1% raise
27% bonus
27% bonus
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
Posted on 3/19/24 at 10:46 am to Rize
quote:
My raises don’t happen until June 1 but I’ll be getting the same 4% I’ve got for the last 20 years. I get quarterly bonuses and a year end bonus if I hit presidents club. Our year ends in June and I will have got all 5 of them.
MOAR money 4 EDWARD JONES!
Posted on 3/19/24 at 11:13 am to notsince98
Not when expenses are up 25%
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