Happy New Year! It's the first week back to work, and what is the first thing people do? Calculate what is their bonus!! The year ended and since our 2006 bonus is based on the 2005's results, everyone went straight to the report generator and whipped out their calculators and start crunching numbers. The bonus calculation is a complex tool on a spreadsheet but has been made easier by an Excel guru in our company. Just plug in the numbers and wah-la, it will split out your total %. Multiple the % by your annual salary and that is your dollar amount for the year's bonus!
Majority of the people work hard primarily for the bonus. But there are many times when you can work very hard but end up with a big fat ZERO for your bonus. Those are pretty depressing years. I had an EXCELLENT bonus year in 2005. For 2006, it is still VERY GOOD. I should be happy. I have one of the highest % among my peers. I have been lucky. I hope I remain lucky this year as well!! There is nothing more enjoyable than to receive some extra spending money!
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