Friday, January 29, 2010

Bonus!

I have been mentioning that my company decided to give out annual bonuses for 2009. Well, I found this week how much mine is, and it turns out it's more than I expected. I work for a fantastic company and even though the recession hurt us in terms of clients, we are still doing good for where we're at. All in all, the company is being incredibly generous. The most surprising thing was that my bonus actually increased from last year's. Wow, I feel very privileged, as I still have a job and on top of that I'm getting a bonus! (It's also a nice addition to my mediocre salary, since 2010 will be the second year I will not be receiving a cost-of-living adjustment/raise.)

How much was my bonus? After taxes and 401k were taken out, I netted $3,150.
The following is my allocation:

E-Fund: $1,000
Roth IRA (2010): $1,000
CFA June Exam Fees: $500*
Travel Fund: $225
Gift Fund: $125
Clothes: $100
Other/Misc: $200

*still debating if I want to take the exam again in June

Did you get a bonus this year? Is your job giving you a raise in 2010?

2 comments:

eemusings February 2, 2010 at 3:48 AM  

Raise? Eh. Maybe if they make some decisions, like taking me on FT and a new contract.

Canadian Saver February 6, 2010 at 9:25 PM  

Wow, congrats! That is a really big bonus!

Our contract at work expired December 31st, but historically there's always been a 3% increase in pay each year, so we should get back-time whenever the contract is negotiated. I don't think we'll see much of a bonus this year though... it's my first year being eligible, so I bet we don't even get anything.

Good job for allocating yours the way you did!

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