Get a Bountiful Bonus This Year! (Part 2)

There are fac­tors that can affect your per­for­mance bonus.  Some things are out of our con­trol.  That is the cur­rent econ­omy out­look, the busi­ness out­look, the com­pany per­for­mance and any profit (or lost) in the year.  Of course, any­one of us would not set­tle for a small bonus after work­ing like hell for the year.  But at least, you know the rea­sons behind it and may feel bet­ter after know­ing it.  Find out the rea­sons why your bonus is small this year.

1. Your com­pany is not mak­ing money – Ok this is to make you feel bet­ter only.  Every­one in the com­pany is not get­ting a good bonus this year.  There­fore, do not feel bad about it because you are not the only one.  Espe­cially in a reces­sion, when com­pa­nies are feel­ing the threat of poor busi­ness or even clos­ing down, you should feel for­tu­nate that there is some form of reward in this period.
2. Your com­pany is plain stingy about per­for­mance reward – Ok, now if the econ­omy is good and every­one is mak­ing money.  Your com­pany is mak­ing money as well.  But your reward is not fan­tas­tic at all even in these good times.  Now that is unrea­son­able.  They com­pany do not really appre­ci­ate the hard work the employ­ees have put in.  If that is the sit­u­a­tion you are in, it may be time to find another com­pany that rewards you accordingly.
3. Your man­ager just does not appre­ci­ate your work – Tough luck on this one.  Your man­ager is that type that doesn’t appre­ci­ate your work.  What you had been doing for the past one year is noth­ing but plain work to do them.  It is a job to them and that doesn’t mean any­thing to him.  There are two ways to work about this.  First, is to really under­stand your man­ager thor­oughly and find out the things that are impor­tant to him, and work on those things instead!  That is, pin-pointing to what he wants and deliver it to appeal to him.  Sec­ond, if this is how your man­ager func­tions as a leader that does not appre­ci­ate his employ­ees, it’s time to update your resume and make plans for your career.
4. You offended your man­ager in the past – This is another man­ager prob­lem.  You may have offended your man­ager in the past in some way or another.  Exam­ple, you dis­agree of his pro­posal in front of the cus­tomer, or you over­writ­ten his deci­sions on cer­tain task and it turned out work­ing bet­ter than what your man­ager pro­poses.  These man­agers are gen­er­ally narrow-minded and do not see that you are able to con­tribute to the organ­i­sa­tion.  They see their per­sonal inter­ests imme­di­ate.  If this is the case, our advice is for you to get a new job instead.  It is mean­ing­ful to work under him as he will always be bas­ing on his per­sonal inter­est instead of yours or the organ­i­sa­tion when he makes any decisions.

These are some rea­sons that you are not get­ting a boun­ti­ful bonus than your peers.  How­ever, at times, every­one in the com­pany gets affected due to eco­nomic sit­u­a­tion, mar­ket out­look, poor busi­ness or bad prof­its.  What’s worst is an under appre­cia­tive man­ager that treat you as pure labour with­out giv­ing you the right rewards for your effort through­out the year.  Get­ting to under­stand these fac­tors may make you feel bet­ter.  How­ever, if things are within your con­trol, take charge of it and make plans for a boun­ti­ful bonus the next com­ing work year.

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