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Typically on a 1-5 scale where 5 is the best for performance people who get 3 (meet the standard) are generally awarded 95-100% of target bonus.
4s-generally get 10-30% above the target
5s-generally get 30-50% above
1s and 2s may get 0-80% of target. Very discretionary for low performers.
And then theres a company multiplier. The better the company does financially the more youll get on top of that. It’s less discretionary because it’s a factor that is consistent across all employees.
But I’ve never experienced a true bait/switch where they say the target is 25% and consistently give much less when you’re performing as expected.
In tech unfortunately the bait and switch has been very common in tech for the last 3-5 years
My bonus is x% of base salary as a target. Bonus funding is done from corp coffers based on company wide financial performance. Manager has discretion to adjust up and down based on performance. My manager is exceptionally reasonable and doesn't require a "exceeds expectations" or anything like that. But like I said managers do have discretion. I'd say from the 4 bonuses I've gotten so far, they were all pretty much inline with what expectations were from how the company as a whole performed
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My bonus is a % of salary as a target and has been paid out 100% each year. There hasn’t been a reason for it not to be. It’s more tied to company performance imo. If the company isn’t doing well I imagine then it would potentially be reduced
When I was a contracts manager in-house at a now-PE-backed SAAS company my bonus never paid out at the full targer because of company performance. We had a multiplier system where your performance could increase the payout but that was even suspended some years. Over my 5 years my bonus paid out anywhere from 55% to 85% of target.
First bonus exceeded the percentage stated in the offer letter. Ymmv.
Negative.
Pro
Bonus is 10% of base, split between my performance and company performance. Wish it was higher; especially annoying when I get full attainment on my part but the company misses on its.
My stated bonuses percentage is 25 or 30% and I’ve been paid out above/well above target every year due to personal performance and company performance.
20% target bonus based evenly on company and individual performance. The company portion is tied to profits and if the company’s profits was above or below by a certain percentage your bonus will be adjusted accordingly for that 50% company portion.