just out of curiosity; who's getting a Christmas bonus and a raise for next year?

12/8/2009 3:32:33 PM

Whats a bonus?

12/8/2009 3:34:48 PM

$1000 bonus if production hits its monthly goal (rumors put that at about a 50/50 shot)

Raises come in March. No reason not to expect the typical 3% average across salaried employees.

12/8/2009 3:39:13 PM

yes. 3.4%

also i get one in jun for hitting 4yrs of Active Duty.

[Edited on December 8, 2009 at 3:40 PM. Reason : moneys]

12/8/2009 3:39:24 PM

Everyone at my company got a $1k bonus

12/8/2009 3:42:05 PM

I'm getting $0.00

12/8/2009 3:43:18 PM

No Bonus
No Raises

12/8/2009 3:47:54 PM

damn you guys are making me feel better about only getting 10% this year

12/8/2009 3:49:26 PM

You should feel good to have a job this year.

Anyone bitching about bonuses this year needs to have their ass hit the unemployment line.

12/8/2009 3:51:03 PM

^^ good god, 10%? geez, didn't know companies still paid out that high

12/8/2009 3:57:21 PM

I just made a 200% return on my ESPP so my company gave me a bonus by driving our stock price to a 52 week high today.

12/8/2009 4:05:36 PM

Quote :

"You should feel good to have a job this year. Anyone bitching about bonuses this year needs to have their ass hit the unemployment line."

QFT.

I will be getting a smaller than normal bonus this year but my company has been on a wage freeze for about 6 months now and no signs that it will end soon.

12/8/2009 4:06:34 PM

A one-year membership in the Jelly of the Month Club. It's the gift that keeps on giving the whole year round.

12/8/2009 4:07:22 PM

Quote :

"You should feel good to have a job this year. Anyone bitching about bonuses this year needs to have their ass hit the unemployment line."

12/8/2009 4:24:00 PM

Whats a bonus?

(Hooray working for state gov't)

12/8/2009 4:26:47 PM

No bonus or raises.

I do get a bonus (0-25% of my salary) each month that is based on the performance of the plant I work so I do not care about not getting a Christmas bonus. Usually we get around 17%.

12/8/2009 4:29:31 PM

$6k

and 5%, hopefully

[Edited on December 8, 2009 at 4:33 PM. Reason : asdf]

12/8/2009 4:33:16 PM

Got my bonus at year end (September). It was big, I am happy.

12/8/2009 4:34:41 PM

Just found out today!

4 percent raise
6 percent bonus

I was totally expecting no raise and maybe a .5 or 1 percent bonus, IF THAT, based on how folks have been talking the past couple months. I would have been thrilled with that. Apparently this was a better year than we thought/they led on.

I'm feeling pretty good today!

12/8/2009 4:49:56 PM

doubt i'll get a raise

may get a bonus

just happy to have a job

12/8/2009 4:56:00 PM

yay most Investment Banks will be giving decent bonuses this year

anything is better than last year

12/8/2009 4:57:49 PM

19% and 2k bonus

I still make less than 50k though...

12/8/2009 5:02:47 PM

i got a 24% raise back whenever we did reviews. august or something. it wasn't for nothing. i took on most of the IT duties and am starting to learn the paperwork side of construction admin. wayyyy more work than before. i am not complaining though.

we don't get bonuses this year. things are too tight. everybody got a raise a few months ago but no xmas bonuses. as far as i know though, we're still doing the office xmas thing where the business buys gifts for everyone. they're typically in the $300 range but if we're doing that still i'm sure it'll be less. we usually got that on top of bonuses.

12/8/2009 5:14:12 PM

some girl that I was hanging out with this weekend who works at Goldman Sachs in NYC said she's getting over $500,000 bucks for her bonus this year. She is 26.

That makes me sick. I almost slapped her right then and there.

12/8/2009 5:16:19 PM

^ i call bs

12/8/2009 5:19:49 PM

nope. I know this girl and she is a good friend of a friend of mine. She certainly works for the company and they have set aside $16.7 BILLION for bonuses this year.

Quote :

"In the last nine months, the bank set aside about $16.7 billion for compensation — on track to pay each of its 31,700 employees close to $700,000 this year. Top producers are expecting multimillion-dollar paydays."

http://dealbook.blogs.nytimes.com/2009/10/16/bonuses-put-goldman-in-public-relations-bind/

12/8/2009 5:25:04 PM

damn that fucked up. that makes me feel very small and

12/8/2009 5:26:05 PM

It's a fucking embarrassment to our country if you ask me.

12/8/2009 5:27:04 PM

salary freeze

12/8/2009 5:28:51 PM

well, I would assume the girl at GS is very book smart and went to a good school. Its not like its easy to get a job there. From what I understand, it is the best of the best, therefore, its like getting a good job as a lawyer at a prestigious firm. Lots of perks with that.

It may be dissapointing that you dont make that, but you should be happy that this is attainable. But you can do really well making a ton less.

Thats what I figured out a few years ago... Really can be happy without having to be rich.

[Edited on December 8, 2009 at 5:46 PM. Reason : .]

12/8/2009 5:46:15 PM

1) yes
2) no

strange i know... i'm VERY VERY fortunate to even have a job though. in my profession, 45% are unemployed.

12/8/2009 5:47:03 PM

Got my bonus at year end (September). It was big, I am happy.

12/8/2009 5:57:38 PM

Usually get a bonus 10-15% of my salary and the raise depends on performance (5-10% usually). Bonus will come next week and the raise will be in April.

12/8/2009 6:01:16 PM

I wish

12/8/2009 6:17:37 PM

it was either everyone gets raises and some people get let go, or no raises and everyone keeps there jobs...

i've never had a bonus before anyway, so it doesn't really phase me, although it would be nice

12/8/2009 6:31:20 PM

Quote :

"I would assume the girl at GS is very book smart"

Wrong.

Quote :

"went to a good school"

Ding ding ding, right. Investment Banking is a jobs program for Ivy Leaguers whose parents got them into college.

Quote :

"It may be dissapointing that you dont make that, but you should be happy that this is attainable"

Right, if you're born into a family with money and connections to get you into the system, otherwise wrong.

12/8/2009 6:58:24 PM

we never get a holiday bonus and we got no raises last year and no bonus. happy to have a job and no pay cut thankyou

12/8/2009 7:19:43 PM

^^ yeah Im learning that now after trying unsuccessfully to "break in" to investment banking for the last couple of years. I thought my engineering and economics degrees would give me an advantage but unfortunately I dont have the Ivy league education nor the family background.

I wish I could get a raise instead of a bonus..stupid wage freeze

[Edited on December 8, 2009 at 7:25 PM. Reason : a]

12/8/2009 7:23:35 PM

None. And while I guess I lucked out on the coolest fat day ever at my last job, I missed out on the Christmas party at my new one. Drats!

12/8/2009 7:23:50 PM

<--- Personal Trainer

only bonus I'll get is when my clients bring me gifts

as far as a raise goes...not so much, unless I increase my client list

12/8/2009 7:31:23 PM

Quote :

"we never get a holiday bonus"

Same here. Bonuses are given out in March and raises in June.

12/8/2009 7:33:45 PM

Pisses me off I was stupid enough to go into Engineering

At what point in our lives were we told that Engineers made the most money? Who knew I should have worked at a BANK, and I would have been making a f*ck ton of money

12/8/2009 7:55:03 PM

last year's bonus was a $25 walmart gift card. this year's bonus is a 5% pay cut. actually, the pay cut happened back in april or may. but business is slightly up, we are slowly starting to hire back a couple of people that were laid off, and there's random temps walking around. whoopty fucking do.

12/8/2009 9:32:51 PM

^^ Wall St loves engineers! They are commonly hired in modeling, analysis, and even trading. See my post above though on how hard it is to "break in" to the club. Still, just because you have an engineering degree doesnt mean you have to be an engineer.

[Edited on December 8, 2009 at 9:34 PM. Reason : +^]

12/8/2009 9:34:05 PM

-5.25%

Reductions are company wide and raises have been frozen for a year now. Oh well, could be worse, I could have been one of the ones laid off on Thursday.

12/8/2009 9:41:48 PM

For those of you folks who are getting year end bonuses:
1) Do you work for a publicly traded company?
2) Does that company's fiscal year end near / around December or Janurary?

Reason I ask, doesn't make financial sense to give bonuses at that time of year. You get your accounting in order so your YE earnings look good, not spend more without an immediate return in revenue/profit around that time. Both my company and my wife's do bonuses/raises/promotions spread throughout the first half of the following year.

Quote :

"At what point in our lives were we told that Engineers made the most money? Who knew I should have worked at a BANK, and I would have been making a f*ck ton of money"

After getting an MBA and seeing career paths a lot of my colleagues went on, I chose to stay an engineer. I enjoy the challenges, the 40-50 hr / week job, and staying close to something I'm passionate about. Making 100k+ a year really doesn't appeal to me if I'm working long hours and under constant stress. (Not true for all folks, but, perspective).

Quote :

"Wall St loves engineers! They are commonly hired in modeling, analysis, and even trading"

Link plz, as I'm skeptical of this.

[Edited on December 8, 2009 at 10:15 PM. Reason : .]

12/8/2009 10:14:48 PM

my bonus came out to be about 77 bucks after tax this year. no word yet on raise.

12/8/2009 10:25:22 PM

Quote :

"Pisses me off I was stupid enough to go into Engineering"

Psh. Being a software engineer is awesome. No regrets.

12/8/2009 10:34:29 PM

no bonus this year

raises happen in march

12/8/2009 10:41:03 PM

Already got my raise, but I'm at a non-profit so no bonuses.

12/9/2009 12:58:03 AM