General Discussion
In reply to the discussion: Tell me about your Christmas/Holiday Bonus [View all]Trailrider1951
(3,581 posts)My bonus this year was one tenth (1/10, 10%) of what it was last year. I work for an engineering consulting firm and our clients are the big, small and independent oil companies, as well as state and federal governments. The company president talked to us when he handed out the checks and told us that he and the owner of the company almost canceled the bonuses this year because business was so bad. My time at work was about 48% billable. Last year, I was 64% billable. Three years ago, I was 82% billable. Four years ago, I was 89% billable. It is pretty scary sitting around with nothing to do. Unless business picks up, there may very well be first-ever layoffs next year. Damn, I just turned 60 years old. I may take early retirement at 62, if my job lasts that long.