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 Message Boards » » Christmas Bonuses Page [1] 2, Next  
jtcaldwe
Veteran
178 Posts
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I was just curious if most people still got Christmas bonuses. If so what percentage of your yearly salary did you get?

1/4/2007 9:15:51 PM

NCSUWolfy
All American
12966 Posts
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no christmas bonus (but we do get dec 24-jan 1 off automatically without having to use personal vacation time)

we get bonuses in march, you get a percentage of the profit from your product group

holla

1/4/2007 10:00:40 PM

appamali
All American
4474 Posts
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nope

1/4/2007 10:25:45 PM

scud
All American
10803 Posts
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17%

1/4/2007 10:32:49 PM

Psycho
All American
1313 Posts
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Nope, no Christmas bonus here. All we get is a holiday dinner at work.

1/4/2007 11:17:49 PM

Chop
All American
6271 Posts
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i just did the calculation for the percentage of my salary, and it came to 0.5%

ha ha

1/4/2007 11:40:28 PM

BobbyDigital
Thots and Prayers
41777 Posts
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our bonuses come in feb and september.

and percentage varies by grade level and performance multiplier.

mine works out to be about 12%

1/5/2007 12:16:05 AM

fleetwud
AmbitiousButRubbish
49741 Posts
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nope

just a four-figure differential pay adjustment thanks to a slackass payroll dept

1/5/2007 1:00:37 AM

RhoIsWar1096
All American
3857 Posts
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I get performance bonuses 3 times a year, one of which lands at the end of the year.

At Christmas my company has a HUGE all-expenses-paid Christmas party in downtown Chicago. They have raffle tickets where the least most people win is like $50, but some people get 42" plasmas or new tricked-out laptops. Oh, and we get gift cards for the grocery at Thanksgiving and Christmas to go buy a pie (some old, old company tradition apparently).

1/5/2007 1:28:30 AM

Wlfpk4Life
All American
5613 Posts
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A month's pay, after taxes.

1/5/2007 8:48:10 AM

SouthPaW12
All American
10141 Posts
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Not a dime.

Our raises supposedly hit like Feb/March - we'll see.

1/5/2007 9:18:15 AM

julessymeite
All American
2978 Posts
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No Bonuses at Christmas... I get bonused on a monthly if I go above my sales goals...

1/5/2007 9:22:23 AM

pilgrimshoes
Suspended
63151 Posts
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whoa whoa whoa

you can just go around flinging nouns into verbs, thats what'll make the world implode

1/5/2007 9:30:35 AM

Dieselshirt
All American
3805 Posts
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No christmas bonus at my company. We rented a restaurant for Christmas party.

Our bonus is paid in January (once a year).. the amount is somewhere between 4~5 months of salary.

1/5/2007 9:58:26 AM

MajrShorty
All American
2812 Posts
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bonus paid in mid-feb, a % of the bonus based on how much/little of our EBITDA goal we hit.

this yr ain't gonna be SHIT for me as I only worked here for 6 months nad it's pro-rated.

1/5/2007 10:06:54 AM

Arab13
Art Vandelay
45166 Posts
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AHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHA
AHAAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHHAHAHAHHAHAHAHAHAHHAHAHAHAHHA
AHAAHHAHAHAHAHAHAHAHHAAHHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAH

THAT'S A GOOD ONE.... D00K, GIVING OUT.... AHAHAHAHAHAHHAA BONUSES?!! AHAHAHAHHAHA
AHAHAHAHHAHAHAHAHHAHAHHAHAHHAHAHAHAHAHHAHAHAHAHHAHAHAHAHHAHAHAHHA

1/5/2007 10:26:31 AM

Nrallen
All American
13239 Posts
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Christmas Bonuses are definitely moving to be the way of the past, and companies are moving towards more secular sounding terms like "annual incentive plan" or what my company has decided to change to, the plainly termed "bonus plan". we actually to get our's in december, but there is nothing christmassy about it.

Just to give you guys some data on Annual Incentive (or Short-Term Incentive, STI) plans....

*80% of the companies we survey have some sort of rewards or incentive plan (n = 1,028).

*Typles of plans include the following (Percentages total to more then 100% since more then one response was provided by some participants)

Business Incentives - 62%
Individual Performance Rewards - 44%
Team Awards - 21%
Cash Profit Sharing Awards - 20%
Gain Sharing/Productivity Awards - 11%

*Lowest Annual Base Salary of Eligible Employees for STI Plans (n = 577)
Average = $36,068
Median = $25,500

*And finally, I have a Salary Band Analysis for you guys. This is from Fortune 500 company data and its to give you an idea of where your bonus falls in the world. I am assuming everyone on here makes between $25k and $130k. Also, keep in mind what the sample population is. This is to provide a general picture, not a very specific industry/job position/company size picture. You guys arent paying me for this

So - Find the Salary Range with the midpoint closest to your actual base salary. The Midpoint STI number is the 50th Percentile of Target Bonus Percent companies give to employees in that salary range (this is primary number companies go off of when setting target bonus). The STI Prevalence number is the prevalence of companies in the sample that provide STI plans to their employees in that salary band

Salary Range
--Min-------Midpoint-----Max--------Midpoint STI-----STI Prevalence
$20,000----$25,000----$30,000---------2%--------------61%
$24,000----$30,000----$36,000---------3%--------------69%
$28,000----$35,000----$42,000---------4%--------------66%
$32,000----$40,000----$48,000---------5%--------------69%
$36,000----$45,000----$54,000---------5%--------------70%
$40,000----$50,000----$60,000---------5%--------------70%
$44,000----$55,000----$66,000---------5%--------------72%
$48,000----$60,000----$72,000---------5%--------------74%
$52,000----$65,000----$78,000---------5%--------------76%
$56,000----$70,000----$84,000---------6%--------------78%
$60,000----$75,000----$90,000---------8%--------------79%
$64,000----$80,000----$96,000---------10%-------------82%
$68,000----$85,000----$102,000--------10%-------------84%
$72,000----$90,000----$108,000--------10%-------------86%
$76,000----$95,000----$114,000--------10%-------------88%
$80,000----$100,000---$120,000--------12%-------------90%
$84,000----$105,000---$126,000--------14%-------------91%
$88,000----$110,000---$132,000--------15%-------------92%
$92,000----$115,000---$138,000--------15%-------------93%
$96,000----$120,000---$144,000--------18%-------------94%
$100,000---$125,000---$150,000--------20%-------------95%
$104,000---$130,000---$156,000--------20%-------------96%

[Edited on January 5, 2007 at 10:52 AM. Reason : wow - that first table blew]

1/5/2007 10:44:42 AM

beergolftile
All American
9030 Posts
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Got around 18%

1/5/2007 11:01:47 AM

Drovkin
All American
8438 Posts
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only 1%

I'm at a very tight company with their money

1/5/2007 11:58:34 AM

sober46an3
All American
47925 Posts
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atleast you got something.

1/5/2007 12:15:29 PM

beethead
All American
6513 Posts
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roughly 2.2%...

1/5/2007 12:33:48 PM

TKE-Teg
All American
43383 Posts
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Yeah, I got a 2.2% bonus. On the bright side it was almost 2.5 times as big as last year's bonus (which was soon after I started with the company). On the down side I was rapped by taxes on my bonus for some reason (36% ?!?!?!?)

1/5/2007 1:33:26 PM

slackerb
All American
5093 Posts
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No bonus. No Christmas party.

I work for Scrooge McDuck.

1/5/2007 1:57:12 PM

xvang
All American
3468 Posts
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0.0% ... just a free day off on the 26th and the 2nd... so I guess that counts for something.

1/5/2007 2:03:08 PM

beergolftile
All American
9030 Posts
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they got 45% of my bonus in taxes

and i cut the checks. sucks to have to write yourself that check...

democrats

1/5/2007 2:12:13 PM

poopface
All American
29367 Posts
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$50 and a $25 Chiilis gift card

1/5/2007 2:22:41 PM

Finish
All American
6121 Posts
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Get mine in March. Probably around 7% as there weren't any hurricanes this year (Insurance Company). I'll divert the entire bonus to my 401k so I won't get jacked on the taxes as bad.

1/5/2007 9:03:21 PM

Nighthawk
All American
19598 Posts
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I worked 3 companies at Christmas, so I have three different stories on bonuses:

1) Enterprise Rent-A-Car. No bonus. Used to have a pretty nice Christmas party with rooms rented at the Sheraton in G-boro. They dropped that this year. Get a present to choose from on the website. Cheap shit! This years were like a bathrobe, beach towel, emergency car kit, and a laptop case, or something. Everybody gets this, even me as a part-timer. Got the same as a full-time employee. Only get one day off work.

2) Telpage. Only worked there like 6 months before Christmas, and left my fulltime position in Nov., but still pull part-time duty. Had a nice office party (got pretty drunk) and even though I was just PT, still got $50 in cash. Closed 25th, only.

3) School System. Hadn't even been at work a month before Christmas. Had a Christmas lunch one day at central office that was catered, and got a $50 chamber gift certificate. Other folks got more than me, but I was surprised to get anything! Also got 25th and 26th off work.

1/5/2007 10:34:45 PM

susie Q
All American
5927 Posts
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No bonus. 7% raise in late November, 2% raise in late December.

1/5/2007 10:43:02 PM

Fermat
All American
47007 Posts
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no bonus, no day off <3

1/6/2007 7:50:44 AM

se7entythree
YOSHIYOSHI
17375 Posts
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we got an all expenses paid trip to aventura spa palace in riviera maya, mexico. it's an adults only all inclusive resort. plus a cash bonus (4%), plus we did the dirty santa gift thing (all gifts bought by my boss) and i ended up with a 10" laser guided compound miter saw w/ a black&decker x-workhorse and a stanley tripod light. now i can finally get all this wood trim stuff done, and build the dog a new dog house.

[Edited on January 6, 2007 at 9:08 AM. Reason : ]

1/6/2007 9:08:14 AM

sumfoo1
soup du hier
41043 Posts
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beergolftile.... it'll be better when you own your house

i get $texas back
now....

i'm trying to calculate my "allowances" so i don't have to pay but they don't pay me either

1/6/2007 10:53:07 PM

Donogh5
All American
971 Posts
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i got a 10% annual bonus back in sept + i get 20 vacation days/year and all "federal" holidays (30 in total) + share options + group health insurance (mostly tax deductible) + pension + travel expenses + free cellphone + free meals every now and then

[Edited on January 7, 2007 at 5:14 PM. Reason : salary review coming soon...]

1/7/2007 5:13:31 PM

RhoIsWar1096
All American
3857 Posts
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^,^^^

Good lord, who do you guys work for and what do you do for them???

1/7/2007 6:32:22 PM

se7entythree
YOSHIYOSHI
17375 Posts
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http://www.oakleycollier.com

i do all the marketing and rendering, a little drafting too...

1/7/2007 6:48:30 PM

Clevelander
All American
4640 Posts
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^damn. ya'll must have sold some plans.

I'm on quarterly bonueses. Biggest one comes in Sept.

1/7/2007 10:28:35 PM

ShawnaC123
2019 Egg Champ
46681 Posts
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I got 35 dollars.

1/7/2007 11:38:46 PM

philihp
All American
8349 Posts
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about 2.5%

1/8/2007 12:36:05 AM

BigBlueRam
All American
16852 Posts
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bonus and a raise.

1/8/2007 1:38:00 AM

Donogh5
All American
971 Posts
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Quote :
"Good lord, who do you guys work for and what do you do for them???"


tech "start-up"

mostly, whatever's required!

recently, strategic analysis... not sure what else you'd call it!

i should add that ireland's half way to a social democracy, so our taxes are a little higher, our health care and education systems are "fairer" and most people get almost that many holidays a year... just don't mention the weather!!

1/8/2007 3:46:43 PM

ssjamind
All American
30098 Posts
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our bonus season is March-April

1/9/2007 2:35:36 PM

Lunchbox
All American
1328 Posts
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anyone get a one year memebership to the jelly of the month club?

1/10/2007 1:54:28 AM

EmptyFriend
All American
3686 Posts
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4% of what i made in 2006... so pretty close to an extra paycheck (bi-weekly paychecks).

it's based on the profits of the whole company (decent) and the profit of my specific area of business (very good)

1/10/2007 4:17:54 PM

K-Tea
Veteran
315 Posts
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I got an extra paycheck (I get paid bi-weekly). But we also get profit-sharing in around June. Both bonuses are based off of the profits made by my company, though, they just like to refer to the December one as a "Christmas bonus" and last year's (2005) was enough to buy all new living room furniture.

1/10/2007 4:29:02 PM

jbtilley
All American
12789 Posts
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First Christmas: No bonuses because the online survey they made available to the employees indicated that they would rather use the money to donate to Katrina, tsunami, and earthquake relief. They did give a $50 amex gift certificate though.
Second Christmas: Nothing. I was actually thinking there would be - not having any disasters to relieve this past year and all. I didn't even remember seeing the standard 'relinquish control of your bonus so corporate can have a big tax write-off at your expense' form either.

At first I thought that they used 2005's disasters as a convenient out for all future Christmas bonuses. An excuse to hide the transition from the something to nothing years. Then I asked around. They haven't given Christmas bonuses or consistent raises since they got bought out by a foreign company some years ago.

Might start looking for a job that does one day soon.

1/12/2007 11:33:30 AM

plaisted7
Veteran
499 Posts
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I'm still working part time before I got to grad school so no bonus for me but friend works for financial company in new york and got over a 200% bonus.

1/12/2007 4:19:07 PM

ssjamind
All American
30098 Posts
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^ not far fetched

bonuses on the street this year are bananas

1/12/2007 4:26:34 PM

SymeGuy69
All American
11036 Posts
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$300, but i just started here. Also, it was taxed. In the past I usually just got cash in an envelope.

1/12/2007 5:05:50 PM

cornbread
All American
2809 Posts
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Not till march but it's looking like 12% of my pay in 2006. Interested to see how it gets taxed since I'm filing as a 6 right now.

[Edited on January 12, 2007 at 10:56 PM. Reason : ^^^ I've heard of that, lower salaries but HUGE incentives]

1/12/2007 10:55:36 PM

SouthPaW12
All American
10141 Posts
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Quote :
"200% bonus."


He got ~85%.

Ur government gots the rest.

1/13/2007 12:40:01 AM

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