Yearly Bonuses

Over three quarters (76%) of respondents received a bonus in the past 12 months - a slight decrease of 2% on last year, but still a strong majority. This is doing quiet but meaningful work as a retention lever - and the companies not offering bonuses are in a more vulnerable position than the raw numbers might suggest. For employers without a formal bonus structure, even a small discretionary scheme signals that performance is noticed and rewarded, something that costs little but matters to employees.

QUESTION 9

Have you received a bonus in the past 12 months? If yes, what percentage of your base salary did you receive?

1-5%

6-10%

11-15%

16-20%

21%+

As with salary increases, engineering professionals were also least likely to have received a bonus in the past year (71% received one), while commercial solutions professionals were most likely to (80% received one).

QUESTION 10

If you did not receive a bonus, what was the primary reason?

No company bonus policy

Not eligible for a bonus

Poor company performance

Economic implications

Targets not met (team)

Targets not met (individual)

QUESTION 11

Was your bonus package in line with your expectations?

Yes

No

“Companies can only go so many years without paying people bonuses before it becomes a retention risk. Some of this will be down to business performance, but some of it is also very purposeful - companies realising that if they don’t give people something at some point, they are going to lose them.”