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Old 05-25-2007, 10:12 AM   #41
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Originally Posted by saluki9 View Post
I'd kill to get a 3% match in my 401(k)

I can see the headlines..... "Employee went crazy and killed his supervisor saying 'where is my 3%!!!'"

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Old 05-25-2007, 10:48 AM   #42
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I never received even a penny added to my TSP since I was under the old civil service system. I would have been ectastic to have a 3% match.

My DH's employer does a match to his 401K and I am extremely grateful for it and for his yearly bonus!

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Old 05-25-2007, 11:15 AM   #43
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I dont get bonuses but my wife does: she gets a cash bonus twice a year, once in January (about 7% of gross) and once in July (another 7% of gross). Plus she gets a 401K match (4% of gross). Each year she also received some restricted stock (about 2% of gross after tax). So that's about a 20% bonus each year which we sock away entirely. It is definitely a nice boost to our annual savings.

Finally there are stock options with new grants every year but those are hard to put a number on since it depends on the strike price which varies from grant to grant.
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Old 05-26-2007, 04:52 AM   #44
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My bonus is about 45% of my compensation and from the time I started with the company it went to either paying off the mortage or paying down a business debt. Once those were paid it went straight into our retirement account and will definately help with FIRE. The company also matches our 401k, not as much as I'd like but I'm not turning it down either.

Every employee in our company receives a bonus. In the industry I'm involved with high employee turn over is a given but we've been very sucessful in keeping great employees with the bonus and benefits we pay.

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Old 07-02-2007, 07:47 AM   #45
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I got a bonus once, $200, about 20 years ago, when I was training in the US. I almost died of shock. I shouldn't have worried: it hasn't happened since! A year from now I expect to get a small retention bonus which has been hyped for the past 5 years as a good reason to stay. Frankly, while it's nice to add to the FIRE account, it's not a material factor in my retention. Job satisfaction is the major reason I stay.
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Old 07-02-2007, 08:22 AM   #46
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What's a bonus??
Consult with your own advisor or representative. My thoughts should not be construed as investment advice. Past performance is no guarantee of future results (love that one).......:)

This Thread is USELESS without pics.........:)
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Old 07-02-2007, 09:54 PM   #47
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Originally Posted by wildcat View Post
If so, how much of a role did it play in your ability to FIRE?
I received a 15% bonus and do not think that would improve my ability to FIRE since the bonus is built into the total compensation. The company pays below the market reference and considers the bonus as part of the pay.
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Old 07-03-2007, 04:15 PM   #48
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During my working carrer, I liked to cynically say that "bonus" often seemed to be parsed as "bone us", in terms of what management did to the wage slaves. What the heck is that one? Ms Pac-Man meets the Chiquita girl
I've got nothing against an honest day's work, provided that someone else does it.
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Old 07-03-2007, 05:28 PM   #49
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I work for Uncle Sam, and he don't like handing out big bonuses, at least to peons like myself. I'm just a blue collar guy, earning less than 60K per year. This year I got a 2.5% bonus in June. Normal bonus size has been in the 2-3 percent range over the past few years.
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Old 07-03-2007, 05:29 PM   #50
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Come on January 18th, 2013!

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