Bonus payments made in 2011 were worth a median 6% of salary, according to a survey conducted by pay analysts XpertHR [£]. When similar research was conducted in 2008 (ahead of the recession), the median bonus payment was 10.1% of salary. However, bonus payments are expected to fall in 2012, and be worth a median 5% of salary.
XpertHR's survey of bonus schemes now has more than 100 respondents - all telling us about what bonuses they offer, why, and payment levels. All respondents to the survey will receive a free copy of the survey report - this week is your last chance to be among those gaining access to this valuable benchmarking data.
Take part in the XpertHR bonus survey.
The survey closes on Thursday 20th October, so don't delay!
When we surveyed employers' company car provision in 1999 [subscription required], three-quarters (82%) offered them to at least some employees, whether on the basis of business need or as a status-related "perk".
The road to pensions reform is not a fast one, but confirmation today that the government will go ahead with auto-enrolment of employees into workplace pension schemes and minimum contributions for employers (on the DWP website) is certainly a big step forward.
While many employees struggle by on statutory sick pay (at a measily £79.15 a week) when they are ill, others benefit from occupational sick pay schemes that replace normal earnings, sometimes for a considerable period of time.
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