For firms that give an annual performance bonus - what is considered a good percent to receive? I am thinking mine was a little low but I could be wrong

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I think my first full year I got close to 5% at my firm. Now it's around 8% as a M

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10%+ is considered good. 7% is average. <7% and you’re either already paid too high or you’re peers are doing better than you.

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7% in PA is not average. Average is definitely 3-4%.

I would say 10% at staff level (maybe 5% if entry level).

Once you get to more senior positions it should be like 30-50%

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30-50% in Public?

Yes it was a full year exactly, I started June 2020

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Hmm. Raise was 3.75% which is about average in my understanding if it’s correct

Target at RSM is like 3%. It was 2% when I was an associate.

It's only 5% at my supervisor level, but can be as high as 8 if the firm and personal performance metrics are excellent.

In industry it feels like 10% is a common figure I see when talking to recruiters.

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Depends on line of service as well. In advisory, bonus targets are often 10-15% for seniors or up to 25% at manager.

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Yea advisory makes a big difference. I’m in FDD (audit background) and got a 24% bonus this year after a pretty nice mid-year thank you bonus.

Bonuses in PA are typically much smaller than industry. I would expect $500-$2,000 as a staff in tax.

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Yikes. I got 2%! But I’m very confused, because my performance review was a 5/5 and I got nothing but positive feedback with a couple minor constructive things. It was my first year in public so maybe my analytics weren’t great.. but wow. Thanks!

I got 2% as well. I’m also a first year and my feedback was all “keep doing what you’re doing.”

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Was it a full year? May have been prorated

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