LogFAQs > #908607507

DirtyRoller posted...

I am stepping down at the end of this month, but I actually got a raise since I will no longer receive double bonuses. It's actually better in the end because bonuses are based on everybody's performance and I've been shafted before. Now it will be much easier for me to go back to school as well since I will have a more consistent schedule.

Bonuses are also automatically taxed at the highest tax rate as well. That makes a pay raise better since it will be at a lower tax rate unless the raise puts you into the highest tax bracket.

My company pays us a bonus that is 10% of our salary, paid out quarterly (so we get a quarterly bonus of 2.5% of our salary). I would rather just have a 10% increase in salary with no bonuses since that would be taxed lower, but they won't do it that way.