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20 June, 10:31

If i continue to meet my performance goals i will receive a $300 bonus each month. My annual salary is $40,000 so if i meet my goals each month my total bonus will give me an overall salary increase of

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  1. 20 June, 10:35
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    12 months of bonuses:

    12 * 300 = 3600

    overall salary increase:

    (3600 + 40000) / 40000 = 1.09

    109% salary increase

    percentage bonus is of salary:

    3600/4000 = 0.09

    9% of your overall salary will come from bonus
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