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buylow sellhigh
Joined: 18 Oct 2005
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 Posted: Fri Apr 14, 2006 2:26 am Post subject: Bonus Windfall in April |
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At work, I had 4 people on my team all leave suddenly at the same time. They did not give prior notice which I thought was quite odd until I was told today by a friend that giving notice prior to the end of the fiscal year (3/31) could negatively affect the amount of bonus we recieved. There was nothing in my contract about a bonus and I didnt even think about an additional bonus other than the one we received in Christmas.
I checked my bank account that my work deposits my money in today (it took me 2 weeks to realize...) and sure enough i have an additional 20,000,000 won extra in my account. The reason I didnt realize this is I live off of my credit cards which automatically withdraw the full balance from my work bank account monthly and I have a separate bank account ATM that I use for incidentals.
No one at work talked about this bonus until today, not even my friends will talk about the amounts they received... Is this fiscal year bonus a standard part of alot of peoples' compensation packages???
I guess I should feel pretty good about getting the money, but I am about to quit and go to a different house but am feeling extremely guilty keeping this money and feel like I have to stay... |
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ajgeddes
Joined: 28 Apr 2004
Location: Yongsan
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| Posted: Fri Apr 14, 2006 2:48 am Post subject: |
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| 20,000,000 won? |
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pet lover
Joined: 02 Jan 2004
Location: not in Seoul
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| Posted: Fri Apr 14, 2006 2:54 am Post subject: |
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| ajgeddes wrote: |
| 20,000,000 won? |
I just wanted to second that and add an  ! |
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buylow sellhigh
Joined: 18 Oct 2005
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| Posted: Fri Apr 14, 2006 3:07 am Post subject: |
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yep 20,000,000 won. There is no denying that is a fair chunk of change, but I think I am a little older and make a little more money than the average college grad english teacher (29 years old).
I am not a english teacher, I work as an equities trader, and my bonus for CHristmas was almost as much but I fully expected that bonus so it didnt come as a shock.
This bonus came out of the blue... and for all I know, others at my house could have brought in ALOT more.
I have only been working since October so getting too bonuses just feels very odd.
My question is does anyone else in a different field get a Xmas bonus and a fiscal year end bonus??? |
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schwa
Joined: 18 Jan 2003
Location: Yap
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| Posted: Fri Apr 14, 2006 3:16 am Post subject: |
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So what do you want from posting that information here?
Admiration? Envy? A sense of self-importance? |
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buylow sellhigh
Joined: 18 Oct 2005
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| Posted: Fri Apr 14, 2006 3:20 am Post subject: |
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what i want:
| buylow sellhigh wrote: |
| Is this fiscal year bonus a standard part of alot of peoples' compensation packages??? |
| buylow sellhigh wrote: |
My question is does anyone else in a different field get a Xmas bonus and a fiscal year end bonus??? |
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jinju
Joined: 22 Jan 2006
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| Posted: Fri Apr 14, 2006 3:22 am Post subject: |
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| buylow sellhigh wrote: |
what i want:
| buylow sellhigh wrote: |
| Is this fiscal year bonus a standard part of alot of peoples' compensation packages??? |
| buylow sellhigh wrote: |
My question is does anyone else in a different field get a Xmas bonus and a fiscal year end bonus??? |
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They pay you that much money with your reading comprehension? In case you didnt understand from the hundreds of threads on this site, its a teaching forum. |
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huffdaddy
Joined: 25 Nov 2005
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| Posted: Fri Apr 14, 2006 3:40 am Post subject: |
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| buylow sellhigh wrote: |
what i want:
| buylow sellhigh wrote: |
| Is this fiscal year bonus a standard part of alot of peoples' compensation packages??? |
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I've never gotten one. It's always been just a year end bonus.
| Quote: |
| buylow sellhigh wrote: |
My question is does anyone else in a different field get a Xmas bonus and a fiscal year end bonus??? |
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I've worked in a number of fields (including financial) and never received a fiscal year end bonus. When I worked for FedEx, we got a bonus after the UPS strike. But that was a one-off.
So do they hire waegooks?  Seriously though, I do have 5 years of experience in the futures market. So do they hire waegooks? |
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buylow sellhigh
Joined: 18 Oct 2005
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| Posted: Fri Apr 14, 2006 3:52 am Post subject: |
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Huff - I pm'd you.
Jinju - Sorry I didnt know this site was only for english teachers, I thought it was primarily for english teachers but all occupations were welcome. My apologies. |
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JongnoGuru
Joined: 25 May 2004
Location: peeing on your doorstep
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| Posted: Fri Apr 14, 2006 3:56 am Post subject: |
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| This belongs on Job-related Forum. Get some of the resident experts to fisk your contract, as you're clearly getting shafted there. 20 mil.? Highway robbery. |
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capebretoncanadian
Joined: 20 Feb 2005
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| Posted: Fri Apr 14, 2006 4:32 am Post subject: |
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20 million...oh I feel so bad for you....what a terrible moral dilemma....why would you even freakin consider staying? My bi-annual bonus is 30 million  |
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schwa
Joined: 18 Jan 2003
Location: Yap
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| Posted: Fri Apr 14, 2006 4:46 am Post subject: |
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| buylow sellhigh wrote: |
| I thought it was primarily for english teachers but all occupations were welcome. |
Quite so & no apologies necessary. Just know that business perks are at a far fancy remove from what us working the trenches get. (Not that we're starving.) Otherwise, join the fray! |
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