The first thought that appears in mind with the word “Bonus” is something that does not belong to you, but you aspire for it. You strongly assume that you should have it because you deserve it. You have worked for hours to Months to achieve it. On the other hand, we do also have a group of staff, who believe in a law of attraction and keep thinking of Bonuses from hours to Months. But only a few are practical, who spend genuine time with bosses to attain this milestone and rarely found at their working desks.
On the appointment letter, it is written that the bonus depends on both company and individual performance. The majority of staff relies on company performance as another performance is suspicious. Bonus varies from company to company, some offer one basic salary + percentage of individual’s performance, where few giant multi-nationals companies offer even up to 4 salaries. These are the fringe benefits that people love to work for in large companies. In large companies, the employee is part of the machine, even he/she is left, the part can be replaced but the machine will not stop functioning. On some occasions, it is observed that large companies sack their hundreds to thousands of employees by shutting down the company’s branches. So, benefits and risks, both are with equal probability.
In current Covid days, the condition is not grassy. A plethora of companies are in a survival state and employees are urged to work in average or below-average salaries. Employees ‘ Expectations are changed and they need their job running with salary on time, even without Bonus money. Almost every company has done salary deduction in covid days. If still, guys are enjoying bonuses, they are lucky. They should be saving money, instead of spending on restaurants, vacations, and other investment activities. The first lesson Covid taught us that “Health is only Wealth” & the second, the only “friend” is Money. Those who are/were having fixed assets (not cash in hand) suffered a lot. Traditionally, there was a practice to invest money in real estate, purchasing bonds, saving certificates, or invest in long-term projects. Now people are watching their steps wisely.
The only advantage of Covid, we attained is “free time”. Every one of us must have availed it, but it is arguable that how you spent or still spending. Free time appeared as a blessing for workaholics. Workaholics may relate free time as their “Bonus”, which nature provided to them. The majority of us got time to invest with our families, loved ones, and friends. For some gentlemen, a bonus is to praise them and acknowledge their efforts. They are somewhat right as money is more for selfish activities that you spend on you and your family only. How many of us are privileged and spend money on others without any interest – “Selfless spending”. We should think of those who are not earning, hardly earning and needed “bonus” from us.
How I do a Job ? 😄 