Lending Club Blog

Getting the bonus you deserve

Are you interested in getting a bonus? Lobbying for a bonus can be one of the most difficult and scary things that you have to do in life—I know that I’ve always been scared to take the leap and ask my boss about a raise or a bonus. In many cases, however, it’s necessary.

When you know that you deserve a bonus for the excellent work that you’ve done, the best thing you can do is talk to your boss about it. Depending on how much you receive, a bonus—especially an unexpected bonus—can really add to your savings. If you are willing to put in all the money you get from a bonus into your Roth IRA, you can max out your contribution for the year, just with money you weren’t even planning on having. You can also use your bonus to invest in P2P loans on Lending Club and earn great rates of return on that money.

However, as you probably know, asking for a bonus is an incredibly difficult task. Asking for money is one thing that no one really ever teaches—how do you go about it? What are you supposed to say?

Fortunately, there is a great article from The Wall Street Journal on this very subject that offers great advice. For example, the first step is to know your goals. Do you know what your company expects from you? Ask them! Make sure you know what you are expected to do, because meeting unknown goals is almost impossible, but meeting specific goals is doable. By having specific goals, it’s a lot easier to meet them, and in doing so, earn your bonus.

The article also recommends that you check up on your progress with your company as time passes. At my last company, my boss and I met weekly to discuss my progress towards my goals. Doing this really helped focus me on what I needed to do, and it helped me earn my bonus.

Read the article and ask yourself, “What do I need to do to achieve the bonus I desire?” Often, all it takes is a little conversation and a little work to make your dreams come true.

Monday, December 17th, 2007 at 11:02 am

Comments (0)

Recommended

Types of Loans 101

Growing Your Business By Using Capital

9 Reasons to Open an IRA

6 Reasons to Get a Personal Loan

See more
Lending Club Awards
  • Archives z

Recent Posts

Types of Loans 101

There are many types of loans out there and… Read More »
September 16, 2016

Meet Patrick Dunne — Lending Club’s Chief Capital Officer

Patrick Dunne, Chief Capital Officer,… Read More »
September 8, 2016

Growing Your Business By Using Capital

Smart small business owners don’t wait to consider borrowing… Read More »
August 19, 2016

9 Reasons to Open an IRA

Retirement: a word that often comes with many connotations.… Read More »
August 5, 2016

6 Reasons to Get a Personal Loan

While it would be great if we all had enough… Read More »
July 29, 2016

Lending Club and the Marketplace Model

Some of our investors have observed the funding environment… Read More »
July 28, 2016

A Recap: Credit Strength on the Lending Club Platform

We are proud of our… Read More »
July 14, 2016

A Message to Investors from our President and Acting CEO

Today, our President and acting… Read More »
May 19, 2016

Lending Club Receives Tribeca Disruptive Innovation Award

Disruptive innovation comes in many… Read More »
April 29, 2016

Lending Club Business Financing Review

One of the biggest challenges of owning a small… Read More »
April 27, 2016

2014

We went public today!

Ringing the bell this morning at the New York… Read More »
December 11, 2014

New and Improved Statistics Page

We recently redesigned our Loan Statistics page to make… Read More »
November 13, 2014

Lending Club Honored with Economist Innovation Award

This month I was honored… Read More »
October 15, 2014

Welcome Vermont Investors!

Today, we’re thrilled to welcome residents of the state… Read More »
September 4, 2014

We filed to go public today

We filed a registration statement with the SEC today… Read More »
August 27, 2014

Our Billion Dollar Quarter

We’re excited to announce  that we’ve facilitated over $5… Read More »
July 8, 2014

Is Lending Club Available in My State?

Is Lending Club available in my state? That is… Read More »
July 7, 2014

Lending Club Joins Senator Cory Booker to Discuss Improving Access to Capital for Small Businesses

Read More »
June 20, 2014

Lending Club Named a CNBC Top 50 Disruptor for a Second Year

For the second year in… Read More »
June 17, 2014

PRIME is now Automated Investing

Lending Club is excited to announce that PRIME has… Read More »
May 14, 2014
View All w