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Ex U.K. (currently US) ACN person here. Itās recurring and paid in equal instalments through the year alongside your base pay. Itās ānon-consolidatedā meaning that it isnāt used in the calculations for base pay used for bonus and pension contributions.
Itās paid to Manager and Senior SMgRs and from member is approx Ā£5k per year for managers and marginally higher for SMs.
I'm new so won't see until next November how it works, but in the reward explanations it was certainly described as 2 bonus categories.1 valid from cl9, one from cl7
Car allowance is usually a yearly recurring benefit rather than one time in most firms. I have not heard of this being a 1 time benefit anywhere
Thanks kpmg1
Hopefully someone better knowledge than I am can chime in (US resource with acquaintances in UK). That said, Iām pretty sure Iāve heard it was recurring and not a one-time benefit from them.
Thanks for sharing SM1