Monitary promotion / raise / bonus

• Belly35

  

  Your first real job could be monitary promotion but after that what has been your biggest raise, promotion or bonus?
  
  my daughter was given a 6000.00 raise to take on a project in LA. She hated LA suggested that she could do the project remotely from Chicago, providing the company with the solution. They agreed and she moved back to Chicago plus and additional % raise including the 6000.00. Now another firm in Chicago has offered her a job, at 12000.00 over her present pay including the 6000 and % raise..
  She likes the company she with but the other firms is offering her more, plus a different area of design challenge which is a bigger market, and give her more opportunities.
  
  The best I have ever done in the business sector was 10000 job promotion and a 10,000 bonus which was big in the early 70's hated the job, work, ass kissing and bull shit incompetent corporate top staff. I quite three months later, took a cut in pay but was much happier. Was offered the same position with a smaller company in the long term it worked out better.
• DeyDurkie5

  

  Congratulations to your daughter on her raise. I'm assuming that's all you wanted to hear when you started this thread.
• sportchampps

  My wife's salary jumps have been insane. She started in corporate retail about five years ago at like 35-40k. In 5 years shes up to just under 100k a year. In that time she has worked for 3 companies and now has a 4th trying to steal her away.
  
  i went into the wrong profession.
• BR1986FB

  Have been with my company for the majority of my career and have never had a raise. If I want a raise, I sell more. I did become an owner of the company a few years ago so I guess that could be considered a promotion.
• Belly35

  

  DeyDurkie5;1692124 wrote:Congratulations to your daughter on her raise. I'm assuming that's all you wanted to hear when you started this thread.

  no I ask a question . Read the first sentence it ended with a question mark.
  
  everything after that was conversation as an example of woulda, coulda, and shoulda... Mofo
• Belly35

  

  sportchampps;1692128 wrote:My wife's salary jumps have been insane. She started in corporate retail about five years ago at like 35-40k. In 5 years shes up to just under 100k a year. In that time she has worked for 3 companies and now has a 4th trying to steal her away.
  
  i went into the wrong profession.

  nice... I know sometime it makes you wander, what am I doing wrong...
• Belly35

  

  BR1986FB;1692130 wrote:Have been with my company for the majority of my career and have never had a raise. If I want a raise, I sell more. I did become an owner of the company a few years ago so I guess that could be considered a promotion.

  Straight commission ? I would never work a straight commission job, unless there was an life time agreement that ever customer I bring in I will recieve a commission on when I'm gone, fired, quite, retired... If the company wants my commitment the I expect something in return for life...
  
  business owner now..... Oh my... Different story now
• BR1986FB

  Belly35;1692184 wrote:Straight commission ? I would never work a straight commission job, unless there was an life time agreement that ever customer I bring in I will recieve a commission on when I'm gone, fired, quite, retired... If the company wants my commitment the I expect something in return for life...
  
  business owner now..... Oh my... Different story now

  I prefer it this way. Make a lot more money going the straight commission route.
  
  When I joined the company in October of 1993, I saw the income opportunity. I consolidated my bills so I could afford to live off a draw (I get a small draw but it has to be paid back in earned commissions) while I lived at home. Once I closed a few deals I moved to the Cleveland suburbs and haven't looked back since. Haven't regretted one minute of it.
  
  Not many positions out there where one can earn six figures, in their early 20's, in their first/second year. At least there weren't in the early 90's.
• FatHobbit

  

  Only slightly related. What do you do when you're applying for a job and the online application asks for your previous salary? I don't think it's any of their business but because it was online I couldn't leave it blank. I exaggerated a little and got myself a 16k raise with a budgeted 10% bonus. (Once my review rolled around they "explained" that they had a budget to give everyone at my salary level a bonus but it was 10% divided up. The best prepend got 4%, the next best got 3%, then 2%, 1% and no bonus for the low performers.)
• Al Bundy

  Belly35;1692180 wrote:nice... I know sometime it makes you wander, what am I doing wrong...

  Maybe writing like a second grader?
• gut

  FatHobbit;1692203 wrote:Only slightly related. What do you do when you're applying for a job and the online application asks for your previous salary? I don't think it's any of their business but because it was online I couldn't leave it blank. I exaggerated a little and got myself a 16k raise with a budgeted 10% bonus. (Once my review rolled around they "explained" that they had a budget to give everyone at my salary level a bonus but it was 10% divided up. The best prepend got 4%, the next best got 3%, then 2%, 1% and no bonus for the low performers.)

  Don't ever lie about anything on a job app. It's not a good question, but it's basically to filter out people too far above the salary range.
  
  Normally they just ask desired salary. Do some research and always put something in the range of the average salary for the city/position/industry, higher or lower that midpoint depending on experience.
• Belly35

  

  Al Bundy;1692215 wrote:Maybe writing like a second grader?

  they don't pay me for grammar, spelling or punctuation ....I get paid for being the best at what I do and set the standard high. I surround myself with skilled, knowledgable individual an tell them we can ... And we do ...
  All people like you can do is follow and take orders... Two creams please...
• salto

  

  DeyDurkie5;1692124 wrote:Congratulations to your daughter on her raise. I'm assuming that's all you wanted to hear when you started this thread.

  : thumbup:
• Pick6

  

  Strongly considering getting out of tax and into business consulting. I'd be looking at around a 10k bump for switching services, and then another 10k in the fall assuming I get promoted. Volunteered to work on a consulting project and am enjoying it. No busy seasons and only worry about the team in on rather than dealing with office politics. I enjoy the traveling now, but not sure if it's something I'd want to do when I have a family. Also enjoy who I work for and with in tax. Boss has been a great mentor. Tough decision...
• sleeper

  

  I got a $10,000 raise last year and a $10k bonus. Hoping for a $15k bonus this year and another $10k raise. My plan is to retire by 40 and right now I'm on pace to do that.
• gut

  Pick6;1692254 wrote:Strongly considering getting out of tax and into business consulting. I'd be looking at around a 10k bump for switching services, and then another 10k in the fall assuming I get promoted. Volunteered to work on a consulting project and am enjoying it.

  Sounds like a good career move. In today's economy, no job is secure and you always need to think about expanding your resume. This could also be a way for you to ultimately transition to the Controller's office or even CFO. IMO, CFO at a small middle market company is a great job - more strategic than just controller (sometimes the roles are basically the same) without all the BS that goes with being CFO of a larger company.
  
  Travel is not for everyone and it gets old quick. Although if you're in a major city you might be finding a lot of work locally. Do it for a few years and get some good experience and references and you can start looking for that CFO opportunity (I'd assume you could probably step into a Controller role already).
• ernest_t_bass

  

  I was given $10k per year raise/supplemental for 3 years to work on a project. Was nice having that extra $30k in my retirement.
  
  We settled a 1+ year contract dispute with a nice raise, adding in steps, and it equaled about $7k. Was nice.
• Sonofanump

  *Monetary