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Wow, that is a pretty nice bonus! My company has been going consistently downhill ever since I joined... wonder if I jinxed it :) I heard someone mention that the year before I joined, people got bonus in the range of 8 - 12%! But last year it was below 5%. Since I was there for only part of the year, I got peanuts - really, my manager seemed embarrassed to tell me how much bonus I was getting :) And this year, I wonder if we will have any :( We won't know until March/April though...
I am puzzled by your distinction between investment and savings goals. Could you please explain what this means?
Perhaps I could have been more clear. By investments, I really just meant retirement. So that is money I will not be seeing for a long time and really is entirely separate from my general savings.
Once I get more non-retirement savings accumulated, I will likely invest that in something more than a HYSA
Wow, that is a pretty nice bonus! My company has been going consistently downhill ever since I joined... wonder if I jinxed it :) I heard someone mention that the year before I joined, people got bonus in the range of 8 - 12%! But last year it was below 5%. Since I was there for only part of the year, I got peanuts - really, my manager seemed embarrassed to tell me how much bonus I was getting :) And this year, I wonder if we will have any :( We won't know until March/April though...
I am puzzled by your distinction between investment and savings goals. Could you please explain what this means?
Perhaps I could have been more clear. By investments, I really just meant retirement. So that is money I will not be seeing for a long time and really is entirely separate from my general savings.
Once I get more non-retirement savings accumulated, I will likely invest that in something more than a HYSA
My year and bonus is based on many factors about how the company performs. The base rate for non-senior engineers is 5.5%, and we can earn from 0 to 200% of that. This year the company did well and we earned 170%. That means I will get a check for over 9% of my salary! This is the first year that I was employed for the full fiscal year, so my first year getting such a generous check. My manager, I think, has a base rate of at least 10%, so he'll be getting a huge bonus.
I was counting on this bonus, and I will need it if I have any hope of meeting my year end savings goals. I'm kicking butt on my investing goals, but my savings isn't growing the way I wish it was. I still need:
Wow, that is a pretty nice bonus! My company has been going consistently downhill ever since I joined... wonder if I jinxed it :) I heard someone mention that the year before I joined, people got bonus in the range of 8 - 12%! But last year it was below 5%. Since I was there for only part of the year, I got peanuts - really, my manager seemed embarrassed to tell me how much bonus I was getting :) And this year, I wonder if we will have any :( We won't know until March/April though...
I am puzzled by your distinction between investment and savings goals. Could you please explain what this means?
Perhaps I could have been more clear. By investments, I really just meant retirement. So that is money I will not be seeing for a long time and really is entirely separate from my general savings.
Once I get more non-retirement savings accumulated, I will likely invest that in something more than a HYSA
$0 $10000
98%
$-27000 $0
35%
3 comments:
Wow, that is a pretty nice bonus! My company has been going consistently downhill ever since I joined... wonder if I jinxed it :) I heard someone mention that the year before I joined, people got bonus in the range of 8 - 12%! But last year it was below 5%. Since I was there for only part of the year, I got peanuts - really, my manager seemed embarrassed to tell me how much bonus I was getting :) And this year, I wonder if we will have any :( We won't know until March/April though...
I am puzzled by your distinction between investment and savings goals. Could you please explain what this means?
Perhaps I could have been more clear. By investments, I really just meant retirement. So that is money I will not be seeing for a long time and really is entirely separate from my general savings.
Once I get more non-retirement savings accumulated, I will likely invest that in something more than a HYSA
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