I've went for my yearly review 2 years in a row and have asked for a raise. Both years I've been told that my salary plus my bonus is this so I'm making such and such a year. I've tried to explain that they need to look at my salary alone as the Bonus is simply that, money above and beyond my yearly salary.
The bottom line is I feel I've gotten a smaller raise than I deserve because of the Bonus + salary mindset.
2006-08-25 00:46:41 · 9 answers · asked by hfacto 3 in Business & Finance ➔ Careers & Employment
no
2006-08-25 00:51:53 · answer #1 · answered by anitababy.brainwash 6 · 0⤊ 0⤋
A few clarifications :-
1. Have you received your promised Bonus, in full or in proportion to your appraisal norms? If yes, then you should consider that as salary earned.
2. The idea of Bonus, is to minimise the PF Liablilty for the Company. Hence, if a company wantedly maintains a low salary, and distributes the Majority component as Bonus, then U can take up the case with Labour commission. However, for you to get a decision on your behalf, the strucure should be skewed to a great extent - ie the Basic Salary must be very low, compared to Bonus.
3. Have you been given a raise (salary + Bonus included)? I mean, has there been an increase in any component? Normally, a raise affects both components, though not proportionately. If, however, you have not received a raise, and others with the same profile/appraisal score as yours, then you have a valid grievance, that can be addressed through appropriate channels.
2006-08-25 08:02:25 · answer #2 · answered by ks_anand_77 3 · 0⤊ 0⤋
no. a bonus should be separate from salary, just as a tip in a restaurant should be independent of the total on the check.
2006-08-25 07:53:53 · answer #3 · answered by CALLIE 4 · 0⤊ 0⤋
If the company gives you the bonus as salary , they have to pay more tax.
2006-08-25 07:53:49 · answer #4 · answered by Santosh 2 · 0⤊ 0⤋
Sorry, but they don't have to adjust their mindset to be in line with yours.
You could try asking them to keep your bonuses and give the money to you in the form of a raise instead.
2006-08-25 08:13:45 · answer #5 · answered by BoomChikkaBoom 6 · 0⤊ 0⤋
Decline the bonus next year so you cant see which is better for you
2006-08-25 07:57:23 · answer #6 · answered by bakingwjw 2 · 0⤊ 0⤋
bonus is something extra should not considered part of your salary
2006-08-25 10:04:21 · answer #7 · answered by xzhou11377 3 · 0⤊ 0⤋
a bonus is income therefore part of your annual salary
2006-08-25 08:06:54 · answer #8 · answered by Anonymous · 0⤊ 0⤋
For tax reasons yes.
The way you describe it they failed to give you a raise for some time.
2006-08-25 07:51:53 · answer #9 · answered by Puppy Zwolle 7 · 0⤊ 0⤋