Just got a $1000.00 bonus versus a raise - which is?

Question

my boss mentioned she was giving me a raise after tax season and I received a bonus of $1000.00 instead...how should I approach her on this? I think in the long run, a raise is more

beneficial to me - is this true?

Answer 1

depends if you want to stay with the company, at least by taking the raise it shows commitment to the company on your part.

Answer 2

well if your going to stick with the company a raise is better, but a bonus is more quicker calculate it on a 3 year period or sometyhing, then approach her and just mentioned the promised raise

Answer 3

I would have to agree that a raise would be more beneficial than 1,000.00. I would make an appointment or ask to talk to her and private. Just ask her "You had told me I was receiving a raise and I got a bonus instead. What happened? and Am I going to receive a raise? Be up front and honest with her.

Answer 4

If you received a $1.00 an hour raise that would be an extra $2080.  per year.  50 cents an hour would be $1040.  I guess that the answer to your question would depend on the amount or the raise that you would have received.

If it was 50 cents or more an hour I would think that the raise would have been better.  The next time you were up for a raise you would be starting from a higher salary base.

Answer 5

yes a raise, depending on what it is, can be much more than 1000 dollars in a year. I would confront her. but nicely.

Answer 6

A raise is more beneficial, since it usually continues for the rest of your employment.

But she isn't obligated to give you either, so the way you should approach her is to say "Thank you for the bonus"

Answer 7

A raise would be much more beneficial, especially if you receive a 401k with employer matching.  Also, bonuses don't usually count towards retirement income.  Also, had you gotten an actual raise now, then in a year you should be eligible for an additional raise...  So the negative effect of not getting a raise compounds with time.

As to how to approach her, I can't give advice in that area.  Just remember, it's hard to find a good employee.  There are thousands of jobs out there waiting for someone like you.  Putting your resume on Monster.com is free.  Even if you want to keep your present job, a better offer is a great bargaining chip.  The concept of employee loyalty doesn't exist these days.  It costs companies a lot more money than you know the hire a new employee.  Trust me, your boss knows this very well.

Answer 8

Bonus is a reward for a 'good job', a raise is something that you worked hard to get, so you should get both.

Answer 9

It all depends on what your salary is or if you need money on the spot.  Normally you get an annual raise anyway and have like a Christmas bonus.