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I'm completely uninterested in bonuses, because they're a one-time thing.

A merit increase at the end of the year stays with you for the rest of your career. A $1,000 bonus is gone as soon as it's spent.

I've seen some organizations that use bonuses to cover over the fact that people aren't getting raises, and I would expect people who do cognitive tasks to be better able to run the math on why that's bad.




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