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Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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Same here, public agency, no bonus. I have gotten a week off without using my PTO (awarded time) twice, unrelated to holidays. Next week we have a party with "prizes" and food, paid for by the executives.
Always have. It is really an end of year bonus, and all my employers have had year end between 08-31 nd 10-31, so bonus was always 1.5-2 months later. New job pays it out in thirds.
no christmas bonus, but my job pays a bonus in march that amounts to $8k + $5k worth of restricted company stock no matter what my performance rating is.
Performance only affects the raise which ranges from 2% up to 4%
I'm self employed now so no bonus unless I give myself one.
I used to work in a small, private company, though, and every Christmas I got a cash bonus (usually $1,000), a gift (usually something small, like a Christmas ornament or a mug), and a first-of-the-year raise.
The company I just retired from paid a profit sharing every 3rd week of November which most considered a Christmas bonus. Value depends on your level. Past production associate bonuses ranged between $1500 to $5000 based upon sales and other performance factors. Management associates got a lot more with some managers getting $20k and up.
Bonus and restricted stock are issued in March. Bonus targets and stock amounts vary based upon grade level and performance. Bonus target is 18% which can be as high as 38% depending upon performance rating and company profitability. Last year was a good year for me, 33%. Stock is in the tank so the shares are down 20% in last 4 months.
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