If your rating was meets, what percentage was your bonus?
38 replies (most recent on top)
9% bonus, 3% hike, less than last year
We should all probably plan our finances just based on base salary from now on, and treat any bonus as found money. No guarantees anymore year to year regardless of rating, and the clear intent is to significantly lower the baseline across the board in the long run.
Meets
Merit 4%
Bonus 18%
Sr Business Execution Consultant - CSBB
7% merit
23% bonus
Both are up from last year.
- 02% raise. 8% Bonus. Both down from last year, but hey Agile. :-)
Meets, no raise, half bonus from last year.
Last year: meets, 1.3% increase. 10% bonus
Meets, 5% merit, 15% bonus
Needs improvement
Last year: $24.5 million
This year: $29 million
Meets
This year: 2% raise, 10% bonus (Target was 15%). This is the lowest bonus I’ve had in 4 years. I was promoted in 2023 which would have had a 25% bonus target in the old system.
Meets 2.61% Increase, Bonus 12.6% Target Used to be 15%
In tech: meets, just under 4% merit, bonus stayed the same as last year. Our area was told to be flat on bonuses, no adjustments up.
Meets
<1% merit
25% bonus
Where are all these high merit increase amounts coming from? (What groups/roles?) I've been Exceeds for past 5 yrs and vever had merit of even 2% (always below) -- and am quite far from salary range ceiling.
I will have to agree that it is based on prior year for onus as well. Two years ago I got 27% then took a new role after comp time. I left that team prior to years end for a new role and my prior manager f-Ed me with no increase and flat 12% bonus. This year I got 3.16% merit and a 12.6 bonus.
Another thing I will add is that even though they tell you that there is no target anymore, there actually is apparently. When I took this newer role the HR Rep admitted by mistake that target was 12%. Which was an 8% decline from what it was prior to Shart f-ing up the comp stuff.
Another thing that su-ks is there was a young female on my team that came to the team. Her pay was less then the rest of the team but she only had 2 years experience vs rest of team all having 20 yrs +. They gave her a midyear pay increase to get her up closer to the rest of the team and then she got a massive bonus. 😒
Meets-
Meets
4% raise
28% Bonus
Last year I had
Meets
8% raise
37% Bonus
It does seem accurate that bonuses are set up from prior year so I’m thankful for the one manager that gave me a big bonus compared to the prior year and set me up this year.
This is my 11th year at the company- lowest raise in 5 years or so, but I came into WF at below market rate. So I’m thankful to be here, though I know I deserve a lead title and prob 10-20k more in salary compared to my colleagues.
Regardless, the bonus was unexpected even if the raise is lacking. Given market conditions, I won’t complain.
Meets-
- 7% raise
- 9% Bonus
Last year I had
Meets
8% raise
- 5% Bonus
It does seem accurate that bonuses are set up from prior year so I’m thankful for the one manager that gave me a big bonus compared to the prior year and set me up this year.
This is my 11th year at the company- lowest raise in 5 years or so, but I came into WF at below market rate. So I’m thankful to be here, though I know I deserve a lead title and prob 10-20k more in salary compared to my colleagues.
Regardless, the bonus was unexpected even if the raise is lacking. Given market conditions, I won’t complain.
My bonus amount has been the exact same dollar amount for the last 3 years so basically it is shrinkage in terms of the percentage of my salary. How can they call it a bonus if the actual dollar amount never changes? It seems it is a way to get around saying it is actually a part of the salary so they don’t have to increase this portion and make it look like my raise is larger.
The only way the varying bonuses makes sense is if we are actually working towards a meritocracy. We all know people who have the same role but are given less work whether that’s because of tenure or ability. In theory, those people shouldn’t get the same bonus as someone who has more responsibility. It hasn’t been that way in the past
Meets / 3.5% Merit and 14% bonus
the $ hit ty part with them going off last year's bonus is that it doesn't align with enterprise guidance around aligning the amount to others in the same role/rating and creates a lot of inequity.
Bonus is now primarily driven by your prior bonus history. All of my employees were given a meets rating and their bonuses were all over the place with highest more than 1.5x the lowest.
This data varies an incredible amount based on many factors, so I doubt it will help you much. That said, my bonus was 27%.
Here is how it worked for my general area.
Everything is relative to your previous year bonus. Assuming nothing weird is going on (normal bonus previous year and comp isn't at either extreme):
Needs Improvement = 1/2 your bonus from last year
Meets = Flat - maybe a $1-2k increase
Exceeds = $4-5k increase
This is based on comp levels that warrant bonus amounts between $15k-$25k. Adjust up/down based on your typical bonus amounts.
you do realize that there isn't a standard bonus everyone gets
- 5% merit, 10.5% bonus ($9k)
Lead in Risk
5% merit
38% bonus
If everyone on team w/same title got Meets rating, can mgr divide up bonus pool quite differently among staff? I'm hearing of some major differences in bonus amounts even though we all are rated equally. And bonuses are not supposed to be % of salary; right?
Hey what happened to the jerk I told to get a life. Looks like they were full of shi
7% salary increase, 23% bonus
9% bonus, merit 2.5%
Bonus less than $13k. Raise 4.125%.
Meets
400% bonus
Hours per week reduced from 40 hours to 39.5 as a cost cutting measure. So I took one for the team.
cr-p, it was cr-p
It is going to depend on what team you are on. Some were scalped.
31% bonus
3% merit increase
- 5 percent raise and $5700 bonus.
10%
$1000