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20% bonus, 3% raise

December 28th, 2017 at 08:40 am

Today I got the email I've been waiting for all month: info about my annual bonus (first time in my 30-year working career that I've worked for a place that gave bonuses) and raise.

The bonus is given on a company-wide, not individual basis. Each year there is a revenue target, and if the company meets it, we all get the 20% bonus.

The raise is determined individually, and I believe that 3% is the standard raise unless one achieves a new certification or changes roles within the company or has some other special achievement.

With the bonus, I'll be able to pay off a chunk of credit card and loan balances and will meet my debt reduction goal for the year, hooray!

5 Responses to “20% bonus, 3% raise”

  1. creditcardfree Says:

    Nice bonus!!

  2. Rachael777 Says:

    wow.. congrats!!

  3. Carol Says:

    Congratulations!

  4. rob62521 Says:

    Awesome! Congratulations!

  5. frugaltexan75 Says:

    Sweet!

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