Comments on: How Does Your Bonus Compare With These? http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= By: savvy http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65619 savvy Mon, 22 Jan 2007 18:37:29 +0000 http://allfinancialmatters.com/?p=1512#comment-65619 These numbers don't mean much. For all we know, bonuses could make up 25-90% of the total cash compensation of these employees. I know many people who rely on bonuses for up to 2/3 of their annual income. An example, I have a cousin who works for Pella, and their bonuses are really, really great. The only catch is that they are based on company performance, not individual performance, and they make up a pretty big chunk of her yearly income (over 20% most years). That's great when the housing industry was booming, but not so great now that things have slowed down. These numbers don’t mean much. For all we know, bonuses could make up 25-90% of the total cash compensation of these employees. I know many people who rely on bonuses for up to 2/3 of their annual income.

An example, I have a cousin who works for Pella, and their bonuses are really, really great. The only catch is that they are based on company performance, not individual performance, and they make up a pretty big chunk of her yearly income (over 20% most years). That’s great when the housing industry was booming, but not so great now that things have slowed down.

]]> By: eR0CK http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65528 eR0CK Mon, 22 Jan 2007 14:23:54 +0000 http://allfinancialmatters.com/?p=1512#comment-65528 I don't get a bonus, time to look for other jobs? Unfortunately, the only people in my organizations getting bonuses are those at the Director level or higher. I used to work at SAP America, quite often the bonuses were $4K+ all the way down the hierarchy. I don’t get a bonus, time to look for other jobs?

Unfortunately, the only people in my organizations getting bonuses are those at the Director level or higher.

I used to work at SAP America, quite often the bonuses were $4K+ all the way down the hierarchy.

]]> By: Sam http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65204 Sam Sun, 21 Jan 2007 23:37:54 +0000 http://allfinancialmatters.com/?p=1512#comment-65204 My bonus doesn't look that good compared to these. I work for the Feds, who don't give out bonuses. Occasional performance awards, but not bonuses. My bonus doesn’t look that good compared to these. I work for the Feds, who don’t give out bonuses. Occasional performance awards, but not bonuses.

]]> By: fivecentnickel.com http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65181 fivecentnickel.com Sun, 21 Jan 2007 21:48:50 +0000 http://allfinancialmatters.com/?p=1512#comment-65181 FYI: You have a broken link in the first line of your post. FYI: You have a broken link in the first line of your post.

]]> By: fin_indie http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65164 fin_indie Sun, 21 Jan 2007 19:43:57 +0000 http://allfinancialmatters.com/?p=1512#comment-65164 It would be interesting to know the other components of compensation (financial, not benefits and such). For instance, what about stock options or employee stock purchase programs, etc. Bonuses may be only one part of the equation here. Google gets stock, but perhaps Paychex doesn't, therefore you might expect Paychex to have a higher annual bonus. <a HREF="http://retiringEarly.Blogspot.com" rel="nofollow">http://retiringearly.blogspot.com</a> It would be interesting to know the other components of compensation (financial, not benefits and such). For instance, what about stock options or employee stock purchase programs, etc. Bonuses may be only one part of the equation here. Google gets stock, but perhaps Paychex doesn’t, therefore you might expect Paychex to have a higher annual bonus.

http://retiringearly.blogspot.com

]]> By: JLP http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65160 JLP Sun, 21 Jan 2007 19:26:34 +0000 http://allfinancialmatters.com/?p=1512#comment-65160 FB, I think the key is the double asterisk (**) with the note: "For the largest classification of full-time salaried employees." In other words, I think the upper management has been left out. FB,

I think the key is the double asterisk (**) with the note:

“For the largest classification of full-time salaried employees.”

In other words, I think the upper management has been left out.

]]> By: The Finance Buff http://allfinancialmatters.com/2007/01/20/how-does-your-bonus-compare-with-these/comment-page-1/#comment-65146 The Finance Buff Sun, 21 Jan 2007 17:29:53 +0000 http://allfinancialmatters.com/?p=1512#comment-65146 Didn't you have a post about "average" vs "median"? How meaningful is the $50k "average" bonus if a CEO gets $X million and pulls up the average? Fortune reporter should've read your post! Didn’t you have a post about “average” vs “median”? How meaningful is the $50k “average” bonus if a CEO gets $X million and pulls up the average? Fortune reporter should’ve read your post!

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