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Message

re: No Christmas Bonus. 6% Raise

Posted on 12/15/14 at 7:29 pm to
Posted by Golfer
Member since Nov 2005
75052 posts
Posted on 12/15/14 at 7:29 pm to
quote:

I understand how it works. I eventually get a good chunk of that back but it's not for over a year as our bonuses pay out in January. I'd rather make a lump 401k contribution and then catch up on cash throughout the year.
you can change your withholding for your bonus check with accounting. Done it every year.
Posted by Spankum
Miss-sippi
Member since Jan 2007
60562 posts
Posted on 12/15/14 at 7:33 pm to
quote:

My bonuses get taxed at 49% up here, it's brutal. I end up deferring them to my 401k and just paying myself more through the year so I can somewhat shelter myself.


Ummmmm bruh, you do understand that it all works out in april when you file your taxes, right?...
Posted by 1234567VFL
Nashville
Member since Jun 2014
1272 posts
Posted on 12/15/14 at 7:38 pm to
I had 15% raise and possibly a crhistmas bounus!!!!!


heeeelllllllllllll yeahhhhhhhhhhhhhh!!!
Posted by MikeD
Baton Rouge
Member since Jan 2004
8160 posts
Posted on 12/15/14 at 7:56 pm to
If they give you option for bonus or raise, take the raise every time.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
70915 posts
Posted on 12/15/14 at 8:03 pm to
You could work in health care. I got a 50 dollar gift card to publix grocery. I was taxed for it on my paycheck... I got about 38 bucks to publix. I have a doctorate degree.
Posted by LloydChristmas
in a van down by the river
Member since Nov 2009
2829 posts
Posted on 12/15/14 at 8:17 pm to
Dude, you have a job that pays you well and you're all "meh" about a 6% bonus. What exactly do you feel entitled to?
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
17127 posts
Posted on 12/15/14 at 8:19 pm to
quote:

If they give you option for bonus or raise, take the raise every time.


For tax reasons right?
Posted by anc
Member since Nov 2012
20393 posts
Posted on 12/15/14 at 8:21 pm to
quote:

Dude, you have a job that pays you well and you're all "meh" about a 6% bonus. What exactly do you feel entitled to?



It came across as me being that way, but really Im grateful. My division had a hell of a year and we turned some things round (private edu management, shutter)

Office was sort of blah today because of it. We had been hearing rumors of 8% and bonus.
Posted by MikeD
Baton Rouge
Member since Jan 2004
8160 posts
Posted on 12/15/14 at 8:28 pm to
quote:

For tax reasons right?

shite no. A raise turns into an annual bonus every year and future raises are based on a higher base salary.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
17127 posts
Posted on 12/15/14 at 8:45 pm to
quote:

shite no. A raise turns into an annual bonus every year and future raises are based on a higher base salary.


Very true. But with all the "tax advice" in this thread I wasn't sure what you were referring to.
Posted by John McClane
Member since Apr 2010
37170 posts
Posted on 12/15/14 at 8:46 pm to
Good for you?!
Posted by TopWaterTiger
Lake Charles, LA
Member since May 2006
12017 posts
Posted on 12/15/14 at 9:27 pm to
Could be worse. We got $100 Christmas bonus and I've been waiting for 3 months to see what my raise is. I'm hoping the longer they wait the higher it will be.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
136071 posts
Posted on 12/15/14 at 9:29 pm to
quote:

No Christmas Bonus. 6% Raise


I would take that deal every year.
Posted by Martini
Near Athens
Member since Mar 2005
49619 posts
Posted on 12/15/14 at 10:44 pm to
I woke up this morning and decided I was going to give myself a raise. Then I decided I wanted a bonus to so I asked my wife to give me a blowjob.


Good thing I got a raise.
Posted by member12
Bob's Country Bunker
Member since May 2008
33042 posts
Posted on 12/16/14 at 5:46 am to
quote:


Last year our company gave an undisclosed donation to the food bank in our name.



WTF

I'd quit in a heartbeat. Wouldn't even give notice.
Posted by CheeseburgerEddie
Crimson Tide Fan Club
Member since Oct 2012
15574 posts
Posted on 12/16/14 at 5:52 am to
Haha you work with a bunch of idiots
Posted by Double Oh
Louisiana
Member since Sep 2008
23342 posts
Posted on 12/16/14 at 7:17 am to
You could be like alot of oilfield workers just hoping they still have a job. You get a bonus and you biatching while we are sweating bullets in our industry.
Posted by sec13rowBBseat28
St George, LA
Member since Aug 2006
15758 posts
Posted on 12/16/14 at 7:23 am to
quote:

Last year our company gave an undisclosed donation to the food bank in our name


Reminds me of this.



Posted by TIGRLEE
Northeast Louisiana
Member since Nov 2009
31493 posts
Posted on 12/16/14 at 7:26 am to
quote:

Posted by J Murdah I don't get people bitching about getting a raise or not getting a Christmas bonus.


Bc people believe in advancing and growing financially.

Good question.
Derp.
Posted by DirtyMikeandtheBoys
Member since May 2011
19467 posts
Posted on 12/16/14 at 7:29 am to
quote:

I've been waiting for 3 months to see what my raise is. I'm hoping the longer they wait the higher it will be.


from what I've seen....it's usually the opposite
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