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Nov for mid year May for full year. PY is May to April
Twice a year (May and (Nov-Dec) - results are effective in July and Jan respectively
Note, performance bonuses are determined only once a year (decided in May, communicated in late June, paid out Sept 30)
Correction. There is an annual bonus that is once a year (hence “annual”) but we’ve been paying out other bonus awards more frequently. There were a couple others this year.