I work for a fairly large computer-centric company in the east bay. I relocated across the country from NYC for this job around six months ago. Overall I would consider it a great move -- I'm working on an awesome project, my coworkers are amazing and have told me that my work is great, and my supervisor has told me I was a great hire. I'm fairly certain that the work I've done in the past six months will lead to a patent for the company and to a major feature in our main software package. No cause for concern, right?
Well, today, to much pomp and circumstance, the C level company execs announced year end bonuses at a company wide meeting. The execs emphasized that this year we saw record profits, and reiterated how they felt privileged to take care of all employees, from the staff at the company cafe to the long term, senior engineers. This success, as was emphasized, brought with it financial rewards that they were pleased to share with the feet on the ground.
Caught up in the hoopla, I queued up for my bonus cheque, only to find it in the amount of... around ~100 dollars, about enough money for a one way cab ride to SFO.
Is this cause for concern? I realize that bonuses are, by definition, a bonus, and that I should be happy for anything. But if, after this whole production, the bonus comes to around ~3% of one's monthly rent in the bay area, that seems fucked up, especially given the state of the tech industry in the area.
Is this paltry bonus a cause for concern? Should I circulate my resume among friends and former colleagues in the bay? I've worked in similar job titles in the past, so I feel like I can, for the most part, fairly gauge my contributions to the company's bottom line, but this seems like an intentionally bad bonus (hell, just tell everyone that new hires don't get a bonus at all instead of giving them a rounding error).
Well, today, to much pomp and circumstance, the C level company execs announced year end bonuses at a company wide meeting. The execs emphasized that this year we saw record profits, and reiterated how they felt privileged to take care of all employees, from the staff at the company cafe to the long term, senior engineers. This success, as was emphasized, brought with it financial rewards that they were pleased to share with the feet on the ground.
Caught up in the hoopla, I queued up for my bonus cheque, only to find it in the amount of... around ~100 dollars, about enough money for a one way cab ride to SFO.
Is this cause for concern? I realize that bonuses are, by definition, a bonus, and that I should be happy for anything. But if, after this whole production, the bonus comes to around ~3% of one's monthly rent in the bay area, that seems fucked up, especially given the state of the tech industry in the area.
Is this paltry bonus a cause for concern? Should I circulate my resume among friends and former colleagues in the bay? I've worked in similar job titles in the past, so I feel like I can, for the most part, fairly gauge my contributions to the company's bottom line, but this seems like an intentionally bad bonus (hell, just tell everyone that new hires don't get a bonus at all instead of giving them a rounding error).