I got a bonus from last year. I calculated my hours over 40 and how much my bonus was for. It worked out to $14.75/hour. Seems pretty lousy.

I work for a construction firm in their tech arm.

Am I dumb for even thinking about it this way?

likefunny
Posting as :
works at
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I wouldn’t say dumb, but your bonus isn’t overtime obviously. It’s performance based… If you worked 42 hours a week (assuming 50 working weeks), for example, and received a $2,000 bonus that equates to $20/hour by your logic… however maybe you weren’t meeting performance expectations and someone who worked 40 hours a week and was a high performer received $10k.

Outcomes matter more than outputs. I’m not saying you are a low performer or anything like that. What I am saying is I could care less about how many hours someone works when thinking about their bonus. I only care about the work product that is delivered.

likehelpful

Fair points raised.

If wanting to compare yours to someone at another company, I think they would tell you
Their bonus was a lump sum payment, which is X % of gross pay for the year.

Say your payment was $8,000
Divided by your annual gross $150,000
Times 100 to get a percentage is 5.33 %

So, that’s higher than inflation, congrats!
And it’s higher than most I heard about last year.

likehelpful

Hey that's fair. Thank you for the feedback it makes me feel a little bit better.

like

It's the amount of the bonus paid to you in every hour of hour of work. I don't think it's lousy. $14 is what others earn for their basic pay. How was your bonus calculated? Because bonus are mostly performance-based.

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I'm around $75/hour but salaried

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I'd be happy to have a bonus in the first place...

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All the managers got the same amount of bonus.
We each worked an average of 50+ hours / week.
Some probably worked more hours than I did.

like

If all managers got the same then it is not hour based and just might be a “manager” bonus split equally across all managers. You could ask them.

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Bonuses, in my experience, are not individual performance based, but band based (where your position sits on the totem pole). Raises tend to focus on individual performance.

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