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Home > May 2013 - Lousy bonus plan this year

May 2013 - Lousy bonus plan this year

June 11th, 2013 at 04:28 am

Cash & Savings: $42,688 => $53,187 (24.59%)
Foreign Currency: $36,821 => $37,000 (0.49%)
Domestic Brokerage: $178,147 => $179,299 (0.65%)
International Brokerage: $213,283 => $210,936 (-1.10%)
401(k): $102,274 => $102,597 (0.32%)
IRA: $37,580 => $37,662 (0.11%)
Roth IRA: $88,544 => $89,830 (1.45%)
Total Assets: $699,337 => $710,471 (1.59%)

This month my cash position increased by over $10,000, not sure where the money came from, probably due to a $3,500 bonus plus expense reimbursement that came in early. Other than that, my domestic equity increase was offset by losses in overseas equity so net-net the gain is close to zero.

This month I also reviewed my bonus plan with my boss and it's not very impressive because even in the best case scenario I can only make as much as last year, regardless of how many billables hrs I put under my belt. Perhaps it's time for me to move on.

3 Responses to “May 2013 - Lousy bonus plan this year”

  1. SecretarySaving Says:
    1370961340

    Doesn't hurt to see what is out there! Good luck!

  2. snafu Says:
    1370961458

    Wow! I think you've done a super job of managing finance, paying off car etc. How does your employer's bonus plan stack up with industry medians? With so many of us somewhere on the path to vacation, I'd appreciate your opinion on air travel, hassles to expect, safety, cabin attitude etc. The anecdotes I've been hearing from colleagues, relatives and friends are down right awful but they don't travel regularly and have pleasant memories of pre fear based experience.

  3. Easy Cloud Says:
    1371096583

    Sanfu, that was a great question. I need to find out whether it meets the market standard but my gut tells me it's not.

    Regardless, I've been traveling weekly from the East Coast to San Francisco since the second week of this year and I'd say all the big airlines have cut their capacity to the bone. All my flights are completely booked and cabin space ran out quickly. If you're traveling with your family chances are your family members are not frequent fliers therefore try to book on Tuesday/Wednesday flights when less people are traveling. Also pack light and check in luggage if you can. If you live in a city where one of the major carries uses it as a hub then you can consider applying for that airline's branded Gold Card, this way you can check in two pieces of luggage for free.

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