Joined Jul 2005
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Forum Thread
What is the usual amount for the Xmas bonus?
December 18, 2009 at
01:48 PM
I've never worked in a corporate setting as an employee. I've always wondered how much do ppl generally get as Xmas bonuses. What's the average amount?
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Never got any cash.
In previous years it's been about 5% pretax
In previous years it's been about 5% pretax
and as far as the OP's question...depends on your duties or job function.
2% pre-tax or post-tax? Because if you do post tax, my 5% turns into 2-3% posttax
Might have been 4% last year actually... but in either case, def. more than 2% pretax
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and as far as the OP's question...depends on your duties or job function.
Meanwhile upper level execs were making bonuses that were like 200% of their salary. No lie....I worked in finance in NYC.
Edit:
At my current job we dont get year end bonuses. We get quarterly bonuses.
How long do you need to work to get fully vested?
And to the holy shit 5% comment, yeah, but I took a pay cut to have this job, so it evens out in the end. Nothing is free in life.
so if you set up to 5% for all employees and an employee had an outstanding review, give them a full 5% or less depending on their performance.
How long do you need to work to get fully vested?
How long do you need to work to get fully vested?
No, we are not hiring
5 years to 100% vesting. I am at almost 12 years.
No, we are not hiring
5 years to 100% vesting. I am at almost 12 years.
20% of salary.