My 2 questions are in the title. Just want to see if or not it is usual to get performance annual bonus below 10% .☺️
I m an 'average' performer in terms of rewards
0
Thanks for sharing! Is getting a 0 usual at MSFT? And what is your group?
Group was Windows. I know of many people who got 0, they had a certain number of 0s to give out in the org to meet their budget and many of us were on the lower end of business impact due to the nature of our work. So... we were the scape goats. It killed my ability to change teams (no one will ever take a 0 reward person) so I quit. The year before I had stellar feedback and received a promo. Funny how your “luck” can turn around with a change of a manager, eh? There are many people getting 0s, you just don’t hear about it.
Great info. Thanks again. Where do you work now?
I've never gotten less then target for my level. Usually 120-140% of target. 200% once.
10% of your base salary? Or 10% of your “on target” bonus? It depends on your compensation plan because 10% may be your full bonus amount depending on your plan. In my org on target is more like 17%
What do you mean by "on target" bonus?
I'm prob butchering this but each level band and role (engineering / marketing / etc.) has a range % for bonus. So for example, if you're 61-62 (I think...), You can get between 0-15% bonus....63-64, 20%, etc. On target typically is in the middle so 8% which would be 100%. 15% would be 200%. Or something like that....don't remember if the numbers I used are accurate.
Been through 2 review cycles. Received less than 10% both times. Strangely I’ve been promoted as well!
What level before promotion?
60
Always get 1000% of target
I have been a manager at Microsoft for many years. For developers level 59 - 62, the "target" bonus is 10% and is what most people get. Less than 10% means there are some issues with performance.
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I always got it below
Since how many years?
6