A month ago we received annual bonuses and raises. I received a pretty high bonus given my performance during the year, and especially told that I got more than most because of my good impact. However I got virtually no raise (cost of living adjustment only).
I am pretty confident that my performance this year was very good and higher than last year, and I was also told so, so I am not sure how to interpret the situation. I am not happy without a raise, not much for the money itself but because I feel it's not a full recognition of my work and amount of responsibilities.
How shall I react and interpret this? I don't feel I can ask for a raise since I haven't said anything in the last month and I actually got a very good bonus, but I can't help keep thinking about this... Am I overthinking this? I think I might be biased by the fact that in my previous company I used to get no bonuses, but only raises and that in this company in the last 5 years I always got medium bonuses and raises (although 2/4 came along with a promotion) so this is a foreign situation.