Ya know - the corporate world ba-lows. Today my company announced bonus payout percentages. We did better this past year then in 08. Meaning we actually made money. The company announces that it will only be funding the bonus pool at 40%. That is 50% less than the year prior. I'm not sure I get the math. On one hand, I'm thankful for a good job and that I even get a bonus. However, my salary negotiations were based off a certain amount from my bonus. A number which I have yet to hit. I guess I learned something there. Grrrrrrrrrrrrrr On top of that, they announce that 50% of the bonus we get will be paid out in company stock. I suppose that is what has me so ercked. I, along with 2-3000 other employees, will probably end up selling the day the company finalizes the transfer which is going to do nothing but make the stock drop. Might only be a few pennies, but at this companies stock price, that equates to a percent or two. I just read the email, and I'm still fumming. It was quite the shock as most were hoping for a reward for what turned out to be a decent year. Sorry for the meaningles rant, the wifes not home for me to vent to....
Does that stock bonus have to be vested? If not then sell it. If so then when you can sell it it could be down.
your stock is probabley restricted until a time frame so the company doen't have 3 thousand people dumping it.....if the company has made a profit over the last year that is a good thing, hang in there..not sure i get your math myself it went from 90% to 40% is that of your annual salary??or 40% of total profit made..damn accounting always gets in the way..
The stock will be given to us 100% vested, so everyone can sell on day one. And, it's not as bad as I once thought. The company locked in a price a few days ago and since then the stock has jumped a little. As for the math, I am eliglble for 15% of my total salary. Of that number, I will only receive 40% this year as appose to the 90% last year.
