Foo - Christmas bonus

Bikeforums.net is a forum about nothing but bikes. Our community can help you find information about hard-to-find and localized information like bicycle tours, specialties like where in your area to have your recumbent bike serviced, or what are the best bicycle tires and seats for the activities you use your bike for.
BoSoxYacht
12-06-07, 03:07 AM
have you ever felt insulted by your Christmas bonus? I feel that way now. I need to tell someone.
Fuc* my employer.
Do you work for Viacom? (http://gothamist.com/2007/12/05/workers_chafe_a.php)
have you ever felt insulted by your Christmas bonus? I feel that way now. I need to tell someone.
Fuc* my employer.
Nope.
Then again, I've never had one.
BoSoxYacht
12-06-07, 03:25 AM
I listened to their Bullsh** speach about what a great year we had, and then got a check for 50% LESS THAN LAST YEAR. I want to choke the people that pay me.
I'M PISSED.
BoSoxYacht
12-06-07, 03:33 AM
Nope.
Then again, I've never had one.I'm sorry that I sound like a prick, but I threw down for these guys this past year. My boss got hurt in an explosion, and I took over for him during the summer months(our busy time) without question.
Many people don't get a bonus from their employer, I understand that, but they fu**ed me tonight(I didn't even get a kiss).
I feel like they threw sand in the Vaseline.
linux_author
12-06-07, 04:35 AM
- from what i understand (having only received bonuses under contractual obligation [i.e., beating deadlines]), bonuses are sometimes tied to overall economic performance [annual profit] of the business entity...
- was there a reason given for the reduced amount? tied into performance/evaluation ratings?
- but if there were no reasons given or no reason apparent, then i certainly share in your disappointment and your colloquial sentiment...
:-(
Indy_Rider
12-06-07, 05:31 AM
Nope.
Then again, I've never had one.
Same here.
substructure
12-06-07, 05:43 AM
I will find out soon. I never expect anything big. But, I'm usually not upset when I finally find out how much it is.
A couple of years ago I was completely floored when my boss told me how much he was giving me. I couldn't speak for a few seconds. Then I kept repeating the amount as a question back to him. The rest of the day I was in a fog. I probably won't get that much this year, but I thank God for whatever I do get, because I'm paying off my new bike. Then I will be riding said bike soon after. Man, I cannot wait.
My last full time employer put me in places where I worked 12 hour shifts 7 months straight and definitely could have been hurt in an explosion, and I got to work Christmas day just like it was any other day.
The *******s didn't give me any bonus at all. Oh wait, that would be you.
Ex Pres
12-06-07, 06:09 AM
The bank used to hand out a coupon good for a Honey Baked ham at Christmas. (Often donated mine to charity). Does that count as a bonus? At the end of my time there IIRC it was good for a 1/2 ham only. :p
CyLowe97
12-06-07, 06:19 AM
No.
Bonus time isn't until March. And I never spend it before the check clears the bank.
It's a bonus, not a promise. If the company does well, usually our bonus will reflect it. In years where things are tight, the same. If you want a better percentage bonus, you gotta work up the ladder. That's just the way it is.
If you wanted a big bonus, you should have been working for Sachs or Lynch or whoever financial it was that paid out $16 billion in bonuses about a year ago. It was a huge boon to the luxury car, jewelry, and real estate folks in NYC.
I work for the state government, we get no bonuses. Luckily though they pay us like crap to make up for it. :rolleyes:
craptastico
12-06-07, 06:53 AM
Our entire office just moved and our "holiday" bonus was everyone got moved from private offices to 6 1/2 x 6 1/2 cubes. I'm thrilled by this "bonus".
NOT!
I listened to their Bullsh** speach about what a great year we had, and then got a check for 50% LESS THAN LAST YEAR. I want to choke the people that pay me.
I'M PISSED.
I worked for a bank many, many moons ago. Their "Christmas Bonus" was a frozen turkey for every employee. Hey, that's a bit of an insult, but I was still happy to get it, as I always donated my turkey to the Food Bank. So it was a win/win deal for me.
One year, the bank passed out a survey asking the employees what they needed to do their job - how satisified they are ... blah, blah. ONE employee made a comment that the Christmas bonus was cheap. The ONLY change made due to the surveys was ....... you guessed it ..... no more turkeys!
Moral of the Story: Don't fill out employee surveys! ;)
... Brad
evblazer
12-06-07, 07:03 AM
I listened to their Bullsh** speach about what a great year we had, and then got a check for 50% LESS THAN LAST YEAR. I want to choke the people that pay me.
I'M PISSED.
I got to listen how we had a great year. How our new product rollouts are spectacular, customer love them and they are ahead of schedule and below budget. Oh and there won't be any pay increases, we are having another 10% layoff <6 months after the last one and don't expect much of an annual incentive award. psst. and the severence package is changed so you get almost nothing now
chevy42083
12-06-07, 07:19 AM
I got a check for $20 one year ;) Seriously... the company couldn't spare more than $100 for the shop (small shop). It was the CLOSET FULL of presents from "santa" for his kids that showed how well the company was doing... that didn't even include the presents from mom and dad.
Diff year...
We boycotted the idea of a party since the boss was being cheap (holiday pay, no bonuses, left it to us to do a pot-luck thanksgiving etc), and decided we'd all skip out one day and take ourselves to lunch for christmas. ONE guy didn't think it was right for the shop to walk out past the bosses door without inviting him (we planned it a week in advance)... on the spot, the boss joined... and then he picked up the bill... I felt kinda bad. :D
Bonus? You get a bonus? I'm thrilled that I actually don't have to work on Christmas this year for the first time in 8 years.
I've never received a Christmas bonus until last year, and I got one that was 4.5% of my yearly income. I was shocked... I don't expect one this year, either.
BoSoxYacht
12-06-07, 07:32 AM
I know I sound like an ungrateful scumbag, but the marina I work for grew by 50%, and my workload increased a ton.
It's gonna be hard to put on a smile today.
BoSoxYacht
12-06-07, 07:34 AM
Bonus? You get a bonus? I'm thrilled that I actually don't have to work on Christmas this year for the first time in 8 years.I'm working Christmas, and I worked Thanksgiving too
ModoVincere
12-06-07, 07:37 AM
Bonus? we don't get no stinkin bonus here.
I work for a large company that does not believe in taking care of its employees.....everyone is replaceable...everyone.
KingTermite
12-06-07, 07:40 AM
I listened to their Bullsh** speach about what a great year we had, and then got a check for 50% LESS THAN LAST YEAR. I want to choke the people that pay me.
I'M PISSED.
I know where you're coming from. My company decided 2 years ago to do away with the yearly bonus. But wait....they only got rid of it for regular employees. At a certain level (2nd or 3rd tier manager) and above they still get the bonus (and a lot bigger now). But wait....it gets even better. Their primary incentive for the bonus (written in black and white) is based on how much money they can save the company by sending work overseas.
monogodo
12-06-07, 07:42 AM
Expansion costs money. That's one reason why your bonus was smaller.
At the company I work for, our bonuses are a set amount detailed in the handbook. We get $25 for each year we've worked for the company, and it starts with your first year, and is limited to $250. I'm working my 4th year with the company, I'll get $100. My supervisor will get $125. The courier will get $25.
Profit sharing is another thing. We get those checks twice a year, in June and December. I'll get mine tomorrow. The amount is based on how the company does, how our city does, how our store does, and how I do.
I look at it this way, even if the bonus/profit sharing check is only $10, that's $10 I didn't have before.
Mo'Phat
12-06-07, 07:45 AM
BoSoxYacht...Sorry this might come across as insincere, seeing as how my bonuses fing rock every year...
But. Your marina grew by 50%? How was that paid for? Probably by extra company profits. The budget for the bonuses was tapped to expand the company...and it's probable that the company expects its expansion to reap bigger rewards in net profit in the coming years. With the infrastructure paid for, more profit means a return to bonuses for employees.
I'd say stick with it. If you're tight with your boss, chat him/her up about the companies goals and if any more expansion is planned.
The only way to know the financial position of your company is to dig into it.
ps. I've never once depended on my bonus as a part of my salary...I'm in construction, so I know the market can and will fluctuate. This bonus is going directly into my investment portfolio, as a rainy day fund.
Working in the telecom sector bonuses and benefits are fading pretty fast. With that said, my company started profit sharing this year and that will be our Christmas bonus. Previous to that we have only gotten 2 bonus in the last 10 years.
Mo'Phat
12-06-07, 07:46 AM
monogodo: We're on the same page, you and me. You owe me a Coke.
have you ever felt insulted by your Christmas bonus? I feel that way now. I need to tell someone.
Fuc* my employer.
you get a bonus?
BoSoxYacht
12-06-07, 07:57 AM
But. Your marina grew by 50%? How was that paid for? Probably by extra company profits. The budget for the bonuses was tapped to expand the company...and it's probable that the company expects its expansion to reap bigger rewards in net profit in the coming years. With the infrastructure paid for, more profit means a return to bonuses for employees.
I know what you're saying, but along with the increase in size the slip rents increased and adding 500 new slips should have helped out some.
BTW, I mean't to say it doubled in size, and we'll add almost 500 new slips in Feb.
There's no getting around it. I got F**ked, and they didn't even kiss me after.
I get one. It usually amounts to a few hundred dollar bills in a Christmas card. I appreciate it but there are some amusing parts to it sometimes. First of all, they give you the cash at the party and then that total gets added to your next paycheck.
So you get taxed at a higher rate then normal, so effectively my normal check is less than normal because of the bonus. :roflmao:
Another thing that happened one time is that several years ago i was in a fantasy league at work. I am in a satellite office and didn't know all of their rules. So i was making transactions on line like mad until someone finally told me that they were charging $1 per transaction. THat pissed me off so i never paid them.
Come Christmas time i get a card with some money and a hand written note on the card that said "minus fantasy football money." :mad:
I worked for a bank many, many moons ago. Their "Christmas Bonus" was a frozen turkey for every employee. Hey, that's a bit of an insult, but I was still happy to get it, as I always donated my turkey to the Food Bank. So it was a win/win deal for me.
One year, the bank passed out a survey asking the employees what they needed to do their job - how satisified they are ... blah, blah. ONE employee made a comment that the Christmas bonus was cheap. The ONLY change made due to the surveys was ....... you guessed it ..... no more turkeys!
Moral of the Story: Don't look a gift horse in the mouth ;)
... Brad
fixed
giantcfr1
12-06-07, 08:07 AM
I too like many, have never received a bonus. Individual employees at my old employer (local government) never recieved them, only executive officers as their contracts were based on Key Performance Indicators.
If your contract is based on KPIs, and you reached or exceeded them then I believe you should get your agreed bonus 100%.
If you don't have a contract based on the KPI system, I can't understand how you would expect to get one. How else would your company calculate them? :o
Mo'Phat
12-06-07, 08:11 AM
I know what you're saying, but along with the increase in size the slip rents increased and adding 500 new slips should have helped out some.
BTW, I mean't to say it doubled in size, and we'll add almost 500 new slips in Feb.
There's no getting around it. I got F**ked, and they didn't even kiss me after.
Aw...chin-up, camper...how were those slips paid for? It's possible that the company might not see any profits for a few years, and it's pretty unrealistic to think that the rent increase paid for all the additional construction.
However, I wouldn't put it past a boss to use 'new construction' and 'rebuilding infrastructure' as an excuse to pocket profits. It's not scrupulous, but he's the one with his name on the checks, right?
Sucks, though.
Mo'Phat
12-06-07, 08:14 AM
Come Christmas time i get a card with some money and a hand written note on the card that said "minus fantasy football money." :mad:
Hmm...I'm wondering when the bonus check will come to me "minus porn subscription money"...should have come a while ago.
:p
my bonus is I get to keep my stinkin' job for another year, and like it.
CliftonGK1
12-06-07, 08:29 AM
$25.00 AmEx gift card. Same as last year.
My company doesn't do holiday bonuses. I'm glad that my fiancee's company actually compensates and offers bonuses based on performance, because I'm sure not gonna rake in the big bucks doing what I do.
I have not had a Christmas bonus for as long as I can remember.
CyLowe97
12-06-07, 08:51 AM
You all are making me love my job today.
Bonuses are just that: A bonus. But ours are definitely tied into company and unit performance and we all know the goals that have to be met to get there.
It's an incentive, not a guarantee. If it was a guarantee, they'd make it part of the wage/salary.
substructure
12-06-07, 08:52 AM
I feel bad for some of you. I have been moaning about getting them late this month. I know it's coming but not sure of the date. I should be happy that I'm getting one.
KingTermite
12-06-07, 09:01 AM
I have not had a Christmas bonus for as long as I can remember.
No Christmas bonus in the last 12 minutes then, eh?
CliftonGK1
12-06-07, 09:14 AM
You all are making me love my job today.
Bonuses are just that: A bonus. But ours are definitely tied into company and unit performance and we all know the goals that have to be met to get there.
It's an incentive, not a guarantee. If it was a guarantee, they'd make it part of the wage/salary.
I'd love it if my employer handled bonuses the same way as my finacee's employer: Directly tied to employee objectives for the year and company performance overall. Did you meet all your objectives? Did the company make a ton of money? Great, here's your bonus. Did you miss all your deadlines? Fine, no money for you.
My company's stock is up over 40% this year, and it's directly related to 2 new product releases (estimated $15M yearly sales) for which I was lead engineer. I get still only get $25.00. The company I worked for previously was less than 25% the size of where I work now, and FT non-exempt employees got a full week's pay for holiday bonus if the company met its yearly objectives.
I love my job, and I've got some great opportunities here (paid memberships to trade associations, lots of outside training and upward movement in the company), but the holiday bonuses pretty much suck eggs.
CyLowe97
12-06-07, 09:25 AM
Yeah, we get bonuses, but we don't get the common things that can appease workers and boost morale, while costing the company less money, like a Christmas/Holiday party or logo-laden shirts, etc.
I'd rather have the bonus. We workers can organize our own food days/parties if we choose and I have enough shirts, thanks.
So it's also interesting to see if an employer does the low cost morale boosters, like team-building meetings or company gear or a department lunch or providing a coffee pot or whatever. Good employers may do these things, too, but will also have individual goals with incentives to encourage productivity.
KingTermite
12-06-07, 09:27 AM
You all are making me love my job today.
Bonuses are just that: A bonus. But ours are definitely tied into company and unit performance and we all know the goals that have to be met to get there.
It's an incentive, not a guarantee. If it was a guarantee, they'd make it part of the wage/salary.
That's how it should be. That's how our company USED to handle it....until they decided to dump bonuses altogether to "regular" employees and only give them to high-level management who saved money by shipping work overseas.
No...I'm not just using that as an example of how they can make their bonus. That is their primary incentive for bonus, written clearly and publicly stated.
I wish the company Christmas party would be scrapped and the savings distributed among the employees.
KingTermite
12-06-07, 09:29 AM
I wish the company Christmas party would be scrapped and the savings distributed among the employees.
LOL.....our company (a Fortune 100 company) hasn't paid for a Christmas party in years. It's all department based pot luck parties during lunch breaks (and has been for years now).
CyLowe97
12-06-07, 09:38 AM
LOL.....our company (a Fortune 100 company) hasn't paid for a Christmas party in years. It's all department based pot luck parties during lunch breaks (and has been for years now).
Even if we had one, it would not be fun until the party spilled out of the building to a local watering hole.
I listened to their Bullsh** speach about what a great year we had, and then got a check for 50% LESS THAN LAST YEAR. I want to choke the people that pay me.
I'M PISSED.
50% less is a 100% more than I got. I'm at the bottom of the food chain. :D
KingTermite
12-06-07, 09:55 AM
50% less is a 100% more than I got. I'm at the bottom of the food chain. :D
You're kelp? :D
wolfbrother
12-06-07, 10:04 AM
At my last job they sent us big boxes of frozen meat. I thought it was great, and I had food for a month. There was one person who did not like it a whole lot, and it's probably because she's a vegetarian.
LOL.....our company (a Fortune 100 company) hasn't paid for a Christmas party in years. It's all department based pot luck parties during lunch breaks (and has been for years now).
This bothers you why?
minivandriveby
12-06-07, 10:16 AM
My employer gives everyone a Supermarket Gift Card... $20
Been here 4 years and it's the same thing every year.
I donate mine to our department's "adopt-a-family" so the parents can get their Gin-on.
As we age, the song lyrics start to change...
"Despite of my raise I am still just a rat in a cage"
Powered by vBulletin® Version 4.1.12 Copyright © 2013 vBulletin Solutions, Inc. All rights reserved.