Bonuses are bullshit because they don’t touch your salary, and they get taxed extra. When I got mine, I was far more insulted than happy. Same situation as you, they didn’t give me a raise that year.
The US handles it in an incredibly stupid way. Bonuses typically get a larger amount withheld as tax and the government pays you back when you calculate your total income at the end of the year.
When my huge, multinational company announced one year of total grind for everyone, they said there would be rewards to make up for it.
Fast forward one year and the #1 top performer received… a diner with the CEO. And nothing else.
I wish I was joking.
And this is why you should always consider any bonus structure that isn’t in writing to be completely worthless. If it’s not in writing, it didn’t happen.
I can’t even enumerate the times I’ve saved my company from turning into dust
I was the single person responsible to ensure our database had no issues deploying by writing end to end tests that used real workflows, guess what ? surprise ! lots of database locking issues, issues with database transactions, issues with the application straight up crashing.
Fixed that days before our live deployment to a handshake.
TBH eventually they did give me a huge raise and at the moment of writing this I do think I’m being paid accordingly, but back then I was like damn shit is cringe.
I saved a hotel chain millions during an outage. I got $1,000 bonus.
The second time, I got a pat on the back and no raise that year.
Fuck corporations
Bonuses are bullshit because they don’t touch your salary, and they get taxed extra. When I got mine, I was far more insulted than happy. Same situation as you, they didn’t give me a raise that year.
Where do they get taxed extra? To my understanding, it’s considered regular income in Canada and the US.
The US handles it in an incredibly stupid way. Bonuses typically get a larger amount withheld as tax and the government pays you back when you calculate your total income at the end of the year.
When my huge, multinational company announced one year of total grind for everyone, they said there would be rewards to make up for it.
Fast forward one year and the #1 top performer received… a diner with the CEO. And nothing else.
I wish I was joking.
I’d consider it rewarding to have him alone for that long, but not for the reasons they did.
And this is why you should always consider any bonus structure that isn’t in writing to be completely worthless. If it’s not in writing, it didn’t happen.
CEO probably has main character syndrome is he thinks his presence is enough of a prize.
At always was a scam.
We should start co-ops, and spread them out, to save everyone!
Ah yes, my leadership told us we’d all be managers.
A few months back, over half my team was laid off instead. They’re now replacing everyone with AI.
Technically, they’re managing to stay alive without a job now.
Would be funny if the CEO got the shits later.
Yeah cause they put eye drops in their water.
I can’t even enumerate the times I’ve saved my company from turning into dust
I was the single person responsible to ensure our database had no issues deploying by writing end to end tests that used real workflows, guess what ? surprise ! lots of database locking issues, issues with database transactions, issues with the application straight up crashing.
Fixed that days before our live deployment to a handshake.
TBH eventually they did give me a huge raise and at the moment of writing this I do think I’m being paid accordingly, but back then I was like damn shit is cringe.