When do your firms typically pay out bonus? When do they typically announce what your personal multiplier for bonus will be?

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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

uplifting

Quarterly bonuses paid to all levels based on utilization

uplifting

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.

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