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#1640904 - 12/20/11 02:40 PM Getting a bonus this year?
Anonymous
Unregistered

Is anyone getting a bonus this year? If so, is it a Christmas bonus, or an end-of-year bonus? This is our 3rd year in a row without raises or any kind of bonus. I know for a fact that "they" have been accruing for it all year, but it is obviously only going to be paid to senior officers!

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#1640906 - 12/20/11 03:00 PM Re: Getting a bonus this year? Anonymous
Pale Rider Offline
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Joined: Aug 2002
Posts: 34,318
under the Lone Star
I can see a Christmas bonus paid to all employees, but not performance bonuses. Those usually go to officers above a certain rank, using corporate titles, not marketing titles.

Some bonuses are paid to customer facing employees quarterly, these are usually the mid-level professionals, so they should not enjoy a year-end bonus as well.

Every firm is different.....
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#1640910 - 12/20/11 02:51 PM Re: Getting a bonus this year? Anonymous
SeH85 Offline
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SeH85
Joined: Nov 2011
Posts: 43
TX
No bonuses at my new bank...I got a Christmas bonus at the bank I worked at previously. The only thing I got this year at my new bank was a $25 restaurant gift card.

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#1640924 - 12/20/11 03:14 PM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

All officers are actually getting a 5% end of year bonus. Non-officer positions received pay increases earlier in the year.

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#1640935 - 12/20/11 03:09 PM Re: Getting a bonus this year? Anonymous
Matt_B Offline
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Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
We always get a Christmas gift of some sort, logo-wear usually, a jacket or something like that. Always nice and appreciated, goes to the whole staff. Then we get paid out a "bonus" based on meeting our company-wide yearly sales goals. This is generally a fairly sizable amount, for the lower half of the staff it will be nearly 2 week's pay this year.
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#1640936 - 12/20/11 03:10 PM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

Our bonuses have been limited to lenders for the past 3 years. Hoping for a raise, but definitely not counting on it.

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#1640937 - 12/20/11 03:11 PM Re: Getting a bonus this year? Anonymous
SeH85 Offline
Junior Member
SeH85
Joined: Nov 2011
Posts: 43
TX
This is actually the first bank I have worked at that didn't give bonuses. They actually never have given bonuses since they have been in business since the mid 80's. Sad, but true. I just have to remember to be thankful to at least have a job.

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#1640942 - 12/20/11 03:17 PM Re: Getting a bonus this year? Anonymous
HappyGilmore Offline
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Joined: Jun 2004
Posts: 19,318
Pulling people out of the ditc...
certain areas of the bank have incentive bonuses based on performance and making the proper numbers. Other areas of the bank don't have incentive. everyone is eligable for a merit increase if their performance warrants it.
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#1641801 - 12/21/11 05:13 PM Re: Getting a bonus this year? Anonymous
Loralie Offline
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Loralie
Joined: Jan 2009
Posts: 108
IL
Small raises every year on Jan 1st, and an extra $100 x-mas bonus on our Dec 15th paycheck. Normally we have a big christmas party too, but this year we didn't.

This is just on the teller level- I'm sure the higher ups bonuses are much much larger. smile
Last edited by Loralie; 12/21/11 05:16 PM.
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#1641810 - 12/21/11 05:34 PM Re: Getting a bonus this year? Anonymous
Ishmael Offline
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Joined: Feb 2011
Posts: 232
Pequod
For compliance officers out there, the ABA's "Survey of Bank Compliance Officers Report" might be of interest. I just received an announcement about it today, though it may have been out earlier this month.

I'm underpaid!

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#1641837 - 12/21/11 05:44 PM Re: Getting a bonus this year? Anonymous
Matt_B Offline
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Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
I'm glad I can't access it, it would only depress me! I'd venture a guess that the CU version of such a report (if it exists) would be about 20% less. Would be a good negotiating tool for a few years down the road though!
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#1642000 - 12/21/11 08:24 PM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

It's so ridiculous that they charge so much money just to prove how much I am being underpaid..

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#1642086 - 12/21/11 10:59 PM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

No raise this year but a $7,500 performance bonus at year end / I'm not a compliance or loan officer.

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#1642098 - 12/22/11 12:07 AM Re: Getting a bonus this year? Anonymous
manimal Offline
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manimal
Joined: Feb 2008
Posts: 2,207
Deleted
A bonus? Bwahahahaahahaaa!

::wipes eyes::


No, but seriously, no bonuses. Haven't for a few years.
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#1642099 - 12/22/11 12:12 AM Re: Getting a bonus this year? Anonymous
#Just Jay Offline
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#Just Jay
Joined: Oct 2006
Posts: 14,389
Cheeseheadland
Ah, raises and bonuses... those were the days...

::missing BOL music notes::

Memries...
Like the corners of my mind
Misty water-colored memories...


::missing BOL music notes::
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#1642105 - 12/22/11 02:59 AM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

No bonuses. Don't know about raises yet.

Health insurance increased, so net salary is less than it was last year

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#1642197 - 12/22/11 02:05 PM Re: Getting a bonus this year? Anonymous
ACBbank Offline
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ACBbank
Joined: Jul 2006
Posts: 3,965
New York City
Suprisingly enough, a very few non Senior Managers got a bonus of $1,000. But health insurance is going up next year. I don't know too many non revenue generating employees getting bonuses in my area this year.
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#1642239 - 12/22/11 02:55 PM Re: Getting a bonus this year? Anonymous
NegGhostrider Offline
Member
NegGhostrider
Joined: Mar 2011
Posts: 93
"For compliance officers out there, the ABA's "Survey of Bank Compliance Officers Report" might be of interest. I just received an announcement about it today, though it may have been out earlier this month."


Anyway that we could get a link or copy to this?

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#1642297 - 12/22/11 03:47 PM Re: Getting a bonus this year? Anonymous
Loralie Offline
100 Club
Loralie
Joined: Jan 2009
Posts: 108
IL
our health insurence in increasing too, but i'm only covering myself so it wasn't that much. I'm REALLY glad that my ex has our daughter on his insurence, cause the family rate stinks.
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Sometimes we expect more from others because we would be willing to do that much for them.




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#1642314 - 12/22/11 04:01 PM Re: Getting a bonus this year? Anonymous
Anonymous
Unregistered

No bonuses (never in the five years I've been here) and no raises for anyone this year. We haven't even received an email postcard for the holidays. Scrooge.

Morale is at an all time low and lots of quality folks are headed out the door.

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#1642316 - 12/22/11 04:16 PM Re: Getting a bonus this year? NegGhostrider
1 Peter 5:7 Offline
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1 Peter 5:7
Joined: Jun 2001
Posts: 1,339
TX
Quote:
"For compliance officers out there, the ABA's "Survey of Bank Compliance Officers Report" might be of interest. I just received an announcement about it today, though it may have been out earlier this month."



There's a link to the Survey in the December 20 online edition of the ABA Compliance Source. If you are an ABA member, you can register to receive the Source at aba.com. I just read the Survey and it has some high-level salary and bonus information. Before anyone asks, the survey is only available to ABA member banks.
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#1642325 - 12/22/11 04:05 PM Re: Getting a bonus this year? Anonymous
RBanker Offline
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RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
Wow - reading this post makes me very grateful for where I work.
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#1642335 - 12/22/11 04:08 PM Re: Getting a bonus this year? Anonymous
NegGhostrider Offline
Member
NegGhostrider
Joined: Mar 2011
Posts: 93
I still receive everything the old fashioned way...through snail mail. Someone has to keep the post office in business, right? I will check out their website.

Thanks for the info.

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#1642380 - 12/22/11 04:37 PM Re: Getting a bonus this year? RBanker
Matt_B Offline
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Matt_B
Joined: Sep 2011
Posts: 1,648
A CU, Where Regs Don't Apply
Originally Posted By: R Banker
Wow - reading this post makes me very grateful for where I work.


Very much this. We had our annual Xmas party today and received our yearly gift from management, a nice logo'd backpack. Makes me incredibly glad that I work where I do!
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#1642432 - 12/22/11 05:33 PM Re: Getting a bonus this year? Matt_B
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Joined: Jul 2002
Posts: 5,568
New Jersey
Every year that I have worked here, we have been told not to expect or count on a bonus (so I don't). And every year that I have worked here we have received a bonus, with one small exception. A few years ago, everybody but the top five officers received a bonus.
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