Problema Solution
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
Answer provided by our tutors
since 1 year has 12 months the total bonus for the year is:
12*30 = $3,600
or that is around:
3600/40000 = 0.09 or 9% overall increase.