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Associates and consultants get performance bonus twice a year.
Managers and principles once a year
These are communicated as part of performance reviews
Profit share for everyone is once a year - % announced in Q1 once financials are all set for the previous year
Quarterly bonuses paid to all levels based on utilization
For context, CV recently changed to paying out in March and not telling anyone their personal multiplier until end of Q1 (more than a month after performance evaluation). Trying to garner if this is actually any sort of industry standard or, as many of us internally think, are we getting shafted
Can confirm from another life science boutique that this is the same - Bonus paid in March.