should I push back against getting annual bonuses instead of raises?

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A reader writes:

My workplace wants to start giving out annual profit share bonuses in lieu of salary raises. Basically, the base bonus (which is based on how well the company does that year) would be multiplied by the number of years someone is there (so for the sake of simple math, if the base bonus is $500, then it would $1k for 2-year employees, $1.5k for 3-year employees, $2k for 4-year employees, and so on).

While it’s nice to get a lump sum at the end of each year,

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