• My Bonus…Isn’t?

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    Yesterday at work I got a performance bonus, except it wasn’t a bonus. Huh?

    Usually when my company gives a bonus, they hand out a paper check and the stub is clearly marked “bonus”. It is also taxed at the high bonus rate, so I take home just over half my bonus. But yesterday’s bonus was equal to one paycheck, and it was treated exactly like a regular paycheck. It was direct deposited first thing in the morning, and the pay stub says I worked 80 regular hours. They took out regular taxes rather than the high bonus taxes. My company is calling this a “salary adjustment based on performance” rather than a bonus.

    Anybody ever have this happen to them? It seems very odd.

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