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For those in private, how was bonus this year?
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For those in private, how was bonus this year?
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It's tiny unless you are nominated for the extra bonus and the % on that is minimal
When is it usually paid out?
The bonus structure varies significantly depending on your sector and role. It can be anywhere from a few thousand dollars to effectively 20-30 percent of your salary. For the more lucrative structure, it is tied to personal and company performance and there is a complicated formula.