How to Get a Year End Bonus
The Holidays are expensive. Between gift buying, travel expenses, and other end of the year costs, you can end up ringing in the New Year with a depleted savings account. But if you play your cards right, you may be able to offset some of that spending — and start the new year in a better financial position — thanks to an end of the year bonus.
According to a survey from Accounting Principals, a year end bonus is actually a possibility for many Americans. The survey found that in 2015, 67% of companies had plans to give holiday bonuses to employees, with an average bonus of $858. But while these are encouraging odds, how can you ensure that your boss recognizes your hard work and rewards it?
Start by checking out these tips to help make sure you get the year end bonus you deserve!
Keep Track of Your Successes
When it comes to any discussion of raises or bonuses, its important to have plenty of evidence of your value to the company. That way, when your boss asks why, specifically, you think you deserve a holiday bonus, you can present her with facts to support your proposition. Whenever you can, try to include numerical evidence to quantify your argument.
Be Willing to Volunteer for Extra Work
When the time comes for Holiday bonuses to be doled out, you want your boss to remember you as a team player, eager to do whatever needs to be done to ensure the success of the company. That means being the first one to volunteer to pick up any slack, cover any unexpected work, and assist the team at every given opportunity. According to Kim Gottschalk, Senior Regional Vice President at Accounting Principals, "Most companies are willing to reward their hardworking staff during the holidays as a way to thank them for their efforts throughout the year. Prove that you are a valuable employee that deserves a little extra recognition!"
Know How Your Company Handles Holiday Bonuses
Not every company even gives out Holiday bonuses, and those that do tend to have a variety of ways of going about it. Make sure you know your companies policy, and what exactly the bonuses are based on. Do the employees with the best numbers get the bonuses? Or is it up to the boss to decide who deserves a bonus? Priya Malani, an entrepreneur and partner at Stash Wealth, told Bustle that, "It's your responsibility to know the competitive range for bonuses for your position within your industry — so do the research, or ask around. Be clear with your boss about your expectations and then, when the time is right, ask your boss if the company is looking to be on track for bonus season."
Laura C. Browne, co-author of Raise Rules for Women: How To Make More Money At Worksays, "This may sound obvious but most people won't do it. Ask your boss, 'What can I do to help you so I can get a bonus this year?'" While this may sound intimidating, your boss will probably appreciate your initiative, and it ensures that they're aware that you'd like to be considered for a bonus, making it more likely that they take notice of your hard work. However, it's important not to present the idea as a demand, but to instead phrase it as a question of how you can further help the company, and in doing so earn the bonus.
A Holiday bonus can be a huge help that positively affects your life all year long, so it's important to do everything you can now to ensure all the hard work you've done in the past year is rewarded!
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Every time payday rolls around, I’m on top of the world. Jeff Bezos-level rich - even though I’m anything but. And then somehow the very next day, rent is due.
The cycle continues. The next payday, bills for my apartment. I find myself without a surplus of savings since I just moved and newly-furnished my apartment completely.
Even more terrifying is the looming presence of the holiday season. Halloween’s officially over and before we know it, hello Thanksgiving…and then there’s Hanukkah, Christmas, New Year’s. It’s insane.
I’ve been feeling very British lately. Not in a Union-Jack-obsessed, “Keep Calm and Carry-On” way. I went through that phase in 2012 with everyone else… no thank you. And it’s not even a surge of patriotism catalyzed by the Queen dying — I’m firmly team Diana and team Meghan.
Now that fall is officially here, the holidays will sweep in and I’ll have to contend with the fact that I won’t be spending them with my family in the UK. I went home to London earlier this year, so there’s not much left in my travel budget for another trip across the pond. A few domestic jaunts might be in my future, but the closest I’ll get to England this winter is watching Love Island and Love, Actually.
So in that spirit, I’ve been filling my days with content from my favorite Brits. I’m listening to all the old British rock bands I grew up listening to, patiently awaiting the new Arctic Monkeys album, and rewatching anything with Michaela Coel in it. I even shipped myself an order of British Baked Beans, so you know it’s dire.
I’ve also been watching British YouTubers like Grace Beverley — my favorite. Generally, I only go on YouTube to watch Vogue Beauty Secrets and AD Open Door videos. But I’m so glad I stumbled on Grace. Her content is a mix of London lifestyle (what lured me in), relatable entrepreneurship, and mindful productivity. I’m not a hustle-and-grind-girlboss, but as a creative person in a 9-to-5, I need all the help I can get to stay plugged in. So, the video “how to be really really really productive without getting overwhelmed” changed my approach to WFH.
Grace outlines her own productivity method: the to-do table. Instead of making a simple to-do list, she divides her tasks into a table that anyone can follow. As someone who’s survived with to-do lists for years, I recently implemented Grace’s method, and it’s revolutionized my workdays.
how to be really really really productive without getting overwhelmedwww.youtube.com
I follow her routine to a tee. Here’s how it works:
Essentially, she divides her daily responsibilities into four categories: quick ticks, tasks, projects, and non-negotiables.
- Quick Ticks: Actions that take less than 5-minutes
- Tasks: To-do’s that take up to 30-minutes. Probably don’t take too much brain energy.
- Projects: Long-term list items. These help guide your priorities, even if you’re not crossing them off in one day.
- Non-negotiables: Pick 3 things each day that you must get done. This is how you’ll truly measure success.
With everything written down and sorted, next address your schedule. Meetings, deadlines, and time blocks — whatever works best for you. Write it down. Then make a pact with yourself to stick to them.
This way of categorization provides a roadmap for prioritizing your day — making you far more productive. Have you ever spent the entire day on small tasks and then suddenly realized you hadn’t moved the needle on any task? Or do you spend way too much time on tasks that aren’t a priority? No more. With your non-negotiables laid out, you know what to laser-focus on and what to dedicate energy towards.
Also, it pays to know your working style. I’m not a morning person. Yet, I have to be up and at ‘em super early. So, first thing in the morning, I march through my Quick Ticks to warm me up. I set a time limit, so I can knock out some easy wins which is totally inspiring. Then I move on to bigger things without lingering on emails or admin. For others, it might be more helpful to tackle the big things with all that early-in-the-day brain power earlier.
Grace has great tips on avoiding overwhelm and burnout. My favorite is taking more intentional breaks rather than scrolling through social media. I call this scrolling “productive” because I’m “coming up with pitches.” Oh, the lies we tell ourselves. It’s more productive in the long run to giving my brain a break with non-screen related stimuli.
Grace’s solution? Set a timer to read a real, an actual book. I’ve never thought of this. It’s a genius way to check off some books on my TBR and kickstart my creativity. After reading a good book, I’m completely inspired to write. So having books near my desk helps me step away from the computer during my lunch break for an actual reset. (And yes, the current books I’m reading are by British authors: Assembly by Natasha Brown, and Love in Color: Mythical Tales from Around the World, Retold by Bolu Babalolu.)
In my pursuit of switching out my WFH set-up and getting my life together, I’ve engineered my workstation for success. With my new WFH essentials and Grace’s productivity technique, I’m revitalized for work — despite the fall blues and my melancholy about the pending holidays.
Here are the things getting me hyped for work and helping me crush my Grace Beverley-inspired to-do tables — no lists in sight:
Pack your bags — Southwest Airlines is having a major sale! Fares are as low as $59 one-way if you book by October 3rd.
This end-of-summer super sale is a game-changer for your travel plans through the end of the year. Summertime travel gets all the glory. But why not take advantage of your long weekends, holidays, and PTO this fall. You’ll be surprised at how much travel you can fit in. Keep the fall/winter season exciting with domestic trips that give you all the excitement without breaking the bank. All thanks to Southwest.
Here’s the breakdown:
Where can you go?
You’ll find discounted tickets to and from most airports. Sale fares apply to cross country travel, and even Hawaii, Mexico, and the Caribbean! Whether you’re visiting a new city or revisiting your last beach vacation, this sale has fares to make your travel dreams come true.
What do the fares cover?
Southwest Airlines has multiple fare tiers, each with various benefits. Wanna Get Away fares start at $59, while Wanna Get Away Plus fares start at $89. You can also find great deals on Anytime fares, which offer priority boarding and express lanes. Then there’s Business Select tickets for a luxe experience at an affordable price point.
Do you have to be a Southwest Rapid Rewards member?
You may think these sale fares are too good to be true. Is there a catch? Do you have to be a Southwest Rapid Rewards member to access them? You’re in luck — anyone can attain these fares for a limited time.
But, insider tip, you should consider signing up for Southwest Rapid Rewards. With a free sign up, you earn points and miles with each trip you take. And with this sale, each dollar you spend on these discounted tix can stretch super far until you eventually earn free travel. The only thing better than a sale is free stuff.
I’ve been browsing the Southwest Airlines site, checking out flights and dreaming.