While some are dancing around like they were wearing their very expensive glee sneakers, I'm scratching my head. You see, I read financials. There's a growing trend among corporations to treat frequent bonuses as part of an associates yearly compensation package, rather than as a 'bonus.' This turns it into a payroll expense which, in turn, effects your yearly increase. By using these 'bonuses,' companies will, in reality, reduce that expense. It works like this: Say your yearly increase amounts to $2000 and (if your store performs up to par) your bonus is $800. They take that $800 and deduct it from the $2000 leaving you with an actual increase of $1200. This is legitimized, in their minds, by saying it is now your responsibility for your store's sales. Wall Street likes this approach. Some stores will make out well, others will not. What it really means is that a lot of people will get lower raises.
Oh, and in case you didn't hear me yesterday, I suddenly burst into loud, almost hysterical laughter. Why? A headline in the WSJ. I was sitting next to our Customer Service Rep when my phone buzzed. It does that with breaking news flashes. To my amazement, I saw that Bob, in posting his Sunday Funnies, had revealed one of the cartoonists to be a Gypsy Fortune Teller. This one right here: