(Closed) Corporate Bees, what is your average raise and bonus?

posted 8 years ago in Career
  • poll: What is your typical annual raise?
    0-2% : (5 votes)
    13 %
    3-5% : (29 votes)
    73 %
    6-8% : (4 votes)
    10 %
    8%+ : (2 votes)
    5 %
  • Post # 4
    Member
    216 posts
    Helper bee
    • Wedding: May 2011

    Ours is generally 1-3% annual merit increase but with the economy hitting bottom in 2008 we haven’t gotten merit increases in the past 2 years.  The just reinstated bonus this last quarter.  We normally get a $750 quarterly bonus and a $1400 end of year.

    Post # 5
    Member
    3709 posts
    Sugar bee
    • Wedding: May 2011

    Raises can be anywhere from 3 to 5% depending on company, department, and individual performance. In addition, b/c I am in mgmt…my bonus is 20% of my base salary.

    Post # 6
    Member
    11325 posts
    Sugar Beekeeper
    • Wedding: February 2011

    Does lawyer count as corporate america even though I work at a tiny firm? (just me and boss). I don’t have a very scientific way of answering because I’ve worked there just two years but here is what has happened for me. Note: I have no specified time to speak about raises or bonuses because it is such a small business… everything is left up to my boss. But, my offer letter does specify yearly bonuses of between 5-20% if financially feasible.

    Sept 2, 2008- start work

    December, 2008- get bonus equal to about 10% of my yearly income (even though I only worked 1/3 the year)

    June 2009- get bonus equal to about 75% of my yearly income (although this was due to one huge case i settled, and I was told that this was absolutely NOT going to be normal for yearly bonuses)

    December 2009- get a bonus equal to about 5% of my yearly income

    January 2010- get a 7% raise on my base

    No idea what my bonus will be this year! Anything between 5-75% I guess haha! 

    Post # 7
    Member
    13096 posts
    Honey Beekeeper
    • Wedding: July 2010

    I’ve only been in the corporate world for a little over a year but for that one year my bonus was about 2% of my salary and my raise was just under 3%.

    Post # 9
    Member
    1498 posts
    Bumble bee
    • Wedding: August 2011

    Raises between 2-4% each year, bonus approx 20% of base salary (but I work for a company in the service industry, when I worked for a retailer, my bonus was only around 5% of base salary).  Company performance dictates how the bonus varies.

    Post # 10
    Member
    2004 posts
    Buzzing bee
    • Wedding: November 2008

    I work for a nonprofit and our raises are entirely merit based. The average is about 3%. We also get information about what the average raise is and what raise you are getting. However, thanks to the recession we’ve had no money for any raises for the past two years, and one year they actually took back some of the raise. This year it’s looking like we might get raises though and I am very excited.

    Post # 12
    Member
    5496 posts
    Bee Keeper
    • Wedding: April 2010

    5% raise three yrs ago

    No raise two years ago (Nobody got them at my company)

    3% raise last month.  

    Post # 13
    Member
    3613 posts
    Sugar bee
    • Wedding: May 2010

    I work in risk management for a major mortgage firm who went bust and got acquired by the largest national bank in ’08 (probably not too hard to guess who those are).  My current salary is 72% more than my starting salary in 2002. I got two promotions during my eight years here which got me about a 10% bump for each. The regular salary increases have mostly been about 3-4%. Following the merger, all salaries were frozen and noone got raises in ’09. We get performance based bonuses every year in addition to salary, those have ranged between $4K and $16K (before taxes) annually for me. The last one was a life saver as it paid for my wedding dresses.

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