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Old 12-22-2004, 01:51 PM   #31 (permalink)
Janey
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Location: Toronto
Now that I am an independant contractor (in the IT industry) I pay myself. So needless to say, I don't give myself bonuses. But while I worked at PwC, i did very well. We were given 10 - 15% of our pay (based on merit rating) as a bonus or what they called the 'variable component' of our salary. The most that I ever got in this plan was $14,000 which was 15% of my salary. That was for three years running. Needless to say, I maxed out on my RRSP's with this money.
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